Of course, I could be wrong about this but I'm not losing any sleep over this drift down.
I like to use a 20 period Donchian Channel to see how close we are to extreme oversold levels.
We are not even at the lower levels of the weekly or daily channel yet.
Add to this the low volumes and it looks more like market noise than a breakdown.
Not investment advice, just how I see it.
BROKER DATA, page-49
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Last
75.5¢ |
Change
0.025(3.42%) |
Mkt cap ! $839.4M | |||
| Open | High | Low | Value | Volume |
| 76.0¢ | 77.5¢ | 75.0¢ | $2.141M | 2.818M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 27 | 83.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 71.5¢ | 2293 | 1 |
View Market Depth
| Last trade - 15.59pm 04/06/2024 (20 minute delay) ? |
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Last
76.0¢ |
Change
0.025 ( 3.43 %) |
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| Open | High | Low | Volume | ||
| 75.5¢ | 77.5¢ | 75.0¢ | 10468381 | ||
| Last updated 15.59pm 04/06/2024 ? | |||||
| SPR (ASX) Chart |