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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Still crunching numbers here, but at first glance, a few things...
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Last
$38.45 |
Change
-0.460(1.18%) |
Mkt cap ! $195.0B |
Open | High | Low | Value | Volume |
$39.00 | $39.07 | $38.28 | $323.2M | 8.359M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 1696 | $38.45 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$38.46 | 24810 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 708 | 38.450 |
1 | 3000 | 38.440 |
1 | 26 | 38.420 |
2 | 1745 | 38.410 |
9 | 3475 | 38.400 |
Price($) | Vol. | No. |
---|---|---|
38.500 | 135 | 1 |
38.540 | 350 | 1 |
38.550 | 200 | 1 |
38.700 | 13 | 1 |
38.720 | 426 | 1 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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BHP (ASX) Chart |