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
$42.49 |
Change
0.190(0.45%) |
Mkt cap ! $215.4B |
Open | High | Low | Value | Volume |
$42.83 | $42.92 | $42.33 | $303.6M | 7.112M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 499 | $42.48 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$42.49 | 321 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 499 | 42.480 |
1 | 6592 | 42.460 |
2 | 325 | 42.450 |
1 | 6592 | 42.430 |
1 | 1000 | 42.420 |
Price($) | Vol. | No. |
---|---|---|
42.490 | 321 | 1 |
42.500 | 16005 | 4 |
42.550 | 7000 | 2 |
42.560 | 2399 | 2 |
42.590 | 5000 | 1 |
Last trade - 16.10pm 01/08/2024 (20 minute delay) ? |
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BHP (ASX) Chart |