The chart looks like CDA is about to either consolidate or correct.
Reasons for my concern:
1. Weekly low fell below a 9 week lowest low for the first time in this current trend.
2. Bearish divergence in MACD and MACDH.
3. Bearish divergence in RSI.
4. Weekly close has crossed below center line of weekly Bollinger band.
I would like to see price rally next week above last week's high of $2.12.
CDA - I think this uptrend may end for now
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 (20min delay)
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Last
$10.60 |
Change
-0.120(1.12%) |
Mkt cap ! $1.921B | |||
| Open | High | Low | Value | Volume |
| $10.79 | $10.83 | $10.47 | $3.433M | 323.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 683 | $10.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.62 | 683 | 1 |
View Market Depth
| Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
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Last
$10.55 |
Change
-0.120 ( 1.39 %) |
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| Open | High | Low | Volume | ||
| $10.77 | $10.83 | $10.48 | 52441 | ||
| Last updated 15.59pm 16/05/2024 ? | |||||
| CDA (ASX) Chart |