Today was a good finish considering U markets last night in the US, and comparing to other big hitters like BOE (-2%), PDN (-4%), DYL (-4%)
Looking at the daily this week has been good volume. I was thinking maybe there is some distribution going on but today's action showed good demand as it opened near the low of the day and finished near the high. Was a little worried today could turn into a 'pivot point reversal' but technically the close above yesterday's low circumvented that ... famous last words as it could also be a potential double top from the high in Feb
Looking at the weekly I was a little concerned with a rising SP and falling volume but this weeks candle and volume showed confidence, especially finishing near the high of the week. Again though a potential double top can be seen and could negate the positives
With spot U ~$90lb and technically putting in a higher low any breakout would work wonders for most U companies, including BMN.
Only immediate concern is the potential double top, however if the SP can break $4 and back test those concerns fade with $4.35 the next stop
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Last
$4.31 |
Change
0.100(2.38%) |
Mkt cap ! $658.7M |
Open | High | Low | Value | Volume |
$4.27 | $4.35 | $4.22 | $2.786M | 650.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 17984 | $4.30 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.32 | 17315 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 17984 | 4.300 |
1 | 2330 | 4.280 |
1 | 3285 | 4.260 |
2 | 2470 | 4.250 |
1 | 1666 | 4.230 |
Price($) | Vol. | No. |
---|---|---|
4.320 | 17315 | 2 |
4.330 | 1000 | 1 |
4.350 | 1447 | 2 |
4.360 | 7750 | 3 |
4.370 | 3000 | 1 |
Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$4.30 |
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Change
0.100 ( 2.13 %) |
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Open | High | Low | Volume | ||
$4.26 | $4.34 | $4.21 | 63753 | ||
Last updated 15.59pm 03/05/2024 ? |
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BMN (ASX) Chart |