You can do lots with moving averages - they have been discounted in modern charting as reliable support and resistance indicators so a cross of one with the other is fairly irrelevant.
Plotted on a daily chart the share price has actually gone up since the "death cross" -- proving how unreliable such a method is.
Charting 2.0, page-3026
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Last
11.0¢ |
Change
-0.005(4.35%) |
Mkt cap ! $73.83M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.5¢ | 11.0¢ | $54.85K | 496.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 194774 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 22406 | 1 |
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| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| WKT (ASX) Chart |