Still crunching numbers here, but at first glance, a few things leap out.
On the positive side:
-extremely oversold, with stochastic at 4. Yes, it can bump along the bottom and price can still fall further.
-positive volume divergence. Price is falling but volume is increasing, 25 million today, double the 50-day EMA.
May indicate we are at or close to an exhaustion of sellers.
-five consecutive days outside the bollinger band, shortening odds of more similar.
-We tend to sell off Fridays, but US on most occasions bounces on a Monday.
On the negative side...
-below trendlines, no matter how you draw them.
-slightly overshot the last range fall (October into November), so we look at further falls.
-These tend to be around the $6 and $7 mark, so mid $38's or mid $37's.
-Closed at the today's low.
-My last two buys are have been duds, but only toe-dipping small parcels, lol. (I had a relatively big exit around $43.80 early this month, and still patiently waiting for equally big entry.
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Last
$42.51 |
Change
-0.275(0.64%) |
Mkt cap ! $216.7B |
Open | High | Low | Value | Volume |
$42.72 | $42.83 | $42.45 | $75.72M | 1.776M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
23 | 6401 | $42.50 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$42.51 | 2955 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 633 | 42.520 |
12 | 3702 | 42.510 |
27 | 9005 | 42.500 |
10 | 4706 | 42.490 |
9 | 3878 | 42.480 |
Price($) | Vol. | No. |
---|---|---|
42.530 | 2888 | 17 |
42.540 | 5052 | 16 |
42.550 | 4506 | 15 |
42.560 | 4255 | 11 |
42.570 | 4074 | 12 |
Last trade - 11.44am 24/06/2024 (20 minute delay) ? |
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