To the talk of a big selldown, the 'selldown', sell orders that negatively impacted price were minimal in value.
Looking at the 1 minute chart over the last 3 days there are only 2 zones that have seen any volumes (A & B) where A represents the rally immediately following the news release.
Breaking A down to bars there were only 3 trade blocks that had a major impact on price:
1. BUY: Volume 6.47 mln, [Price Impact: 0.032 => 0.041]
6.47 mln crossed on news release. Sellside taken out all the way to 0.041 leaving a buyside vacuum (very few are at the ready to adjust their buy orders within a 1 minute timeframe)
2. SELL: Volume 1.05 mln, [Price Impact: 0.041 => 0.040]
3. SELL: Volume 3.31 mln, [Price Impact: 0.040 => 0.039 (Taking out 0.038 bids)]
After the 3rd bar there were no real volumes. From around 11:30am through to Fridays close, the higher than average trade count without negative price impact indicates bagholding (Accumulation).
The intraday rally was only cut short because of existing holders readiness to sell (faster than buyside interest could build). For mine the smart money remains on the buyside.
- Forums
- ASX - By Stock
- AN1
- Broker data
Broker data, page-59
-
- There are more pages in this discussion • 30 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AN1 (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.229M |
Open | High | Low | Value | Volume |
0.7¢ | 0.7¢ | 0.7¢ | $892 | 127.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1197315 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 109888 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1197315 | 0.007 |
5 | 865639 | 0.006 |
1 | 300000 | 0.005 |
3 | 825000 | 0.004 |
1 | 600000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 109888 | 2 |
0.009 | 280000 | 1 |
0.010 | 157763 | 1 |
0.013 | 750000 | 1 |
0.015 | 340000 | 2 |
Last trade - 10.27am 14/08/2024 (20 minute delay) ? |
Featured News
AN1 (ASX) Chart |