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
13.0¢ |
Change
0.010(8.33%) |
Mkt cap ! $87.26M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 13.0¢ | 12.0¢ | $6.727K | 53.96K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 164656 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 214226 | 5 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
12.0¢ |
Change
0.010 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 12.5¢ | 12.5¢ | 12.0¢ | 57118 | ||
| Last updated 14.12pm 10/05/2024 ? | |||||
| WKT (ASX) Chart |