I have no notion of what "money flow" is, in a charting context.
Investopedia's explanation isn't illuminating:
Money flow is calculated by averaging the high, low and closing prices, and multiplying by the daily volume. Comparing that result with the number for the previous day tells traders whether money flow was positive or negative for the current day. Positive money flow indicates that prices are likely to move higher, while negative money flow suggests prices are about to fall.
As for volume, this is the ASX chart for the last 2 years:
Volume is generally pretty consistent, tending toward lessening over that period.
Certainly the last very days has seen a revival from the recent lows, but I'm keeping my powder dry for now.
P
I have no notion of what "money flow" is, in a charting...
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Last
$21.29 |
Change
-0.010(0.05%) |
Mkt cap ! $408.9M | |||
| Open | High | Low | Value | Volume |
| $21.70 | $21.70 | $21.16 | $147.0K | 6.914K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 47 | $21.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.60 | 300 | 1 |
View Market Depth
| Last trade - 15.59pm 03/05/2024 (20 minute delay) ? |
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Last
$21.19 |
Change
-0.010 ( 0.47 %) |
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| Open | High | Low | Volume | ||
| $21.69 | $21.70 | $21.19 | 122 | ||
| Last updated 13.18pm 03/05/2024 ? | |||||
| AVR (ASX) Chart |