ASM 5.56% 57.0¢ australian strategic materials limited

ASM Chart Thread, page-3747

  1. 3,084 Posts.
    lightbulb Created with Sketch. 210
    Great charts acouch !! Much appreciated.

    The pattern of early daily buying followed by doldrums and/or selling has been discouraging.
    One might be tempted to think supporters currently lack enthusiasm.

    However :-
    If my calculations are correct, and relevant, cumulative turnover on "Up" days is still trending strongly (green line)
    Cumulative turnover for "Down" days (red line) is trending well below the green line.

    So if anything the selling strength (as defined by the cumulative daily turnover) is the weaker trend of the two.
    I am not sure if this is relevant, or helpful? Comment welcome.

    Past performance is not necessarily a guide to the future ... but my sentiment remains "Hold"

    Time period is daily since July 1 2021 - Cumulative Data

    https://hotcopper.com.au/data/attachments/3793/3793438-f1cf51b132e002f55b80d6ff225f4f9c.jpg


 
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Last
57.0¢
Change
0.030(5.56%)
Mkt cap ! $103.3M
Open High Low Value Volume
54.0¢ 57.0¢ 54.0¢ $86.92K 155.5K

Buyers (Bids)

No. Vol. Price($)
1 29035 56.0¢
 

Sellers (Offers)

Price($) Vol. No.
57.0¢ 52303 1
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Last trade - 16.10pm 11/11/2024 (20 minute delay) ?
ASM (ASX) Chart
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