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.
Of course, I could be wrong about this but I'm not losing any...
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 (20min delay)
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Last
69.0¢ |
Change
0.025(3.76%) |
Mkt cap ! $748.7M | |||
| Open | High | Low | Value | Volume |
| 67.0¢ | 69.5¢ | 67.0¢ | $1.677M | 2.453M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 44332 | 68.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 69.0¢ | 63221 | 9 |
View Market Depth
| Last trade - 11.43am 16/05/2024 (20 minute delay) ? |
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Last
69.0¢ |
Change
0.025 ( 3.78 %) |
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| Open | High | Low | Volume | ||
| 67.0¢ | 69.5¢ | 67.0¢ | 372505 | ||
| Last updated 12.03pm 16/05/2024 ? | |||||
| SPR (ASX) Chart |