CMP 1.64% 30.0¢ compumedics limited

First MEG Contract, page-27

  1. 968 Posts.
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    Taking a peek at some moving average levels on shares of Compumedics Ltd (CMP.AX), the 200-day is at 0.62, the 50-day is 0.44, and the 7-day is sitting at 0.62. Moving averages can help identify trends and price reversals. They may also be used to help spot support and resistance levels. Moving averages are considered to be lagging indicators meaning that they confirm trends. A certain stock may be considered to be on an uptrend if trading above a moving average and the average is sloping upward. On the other side, a stock may be considered to be in a downtrend if trading below the moving average and sloping downward.
    Traders may also be paying close attention to RSI levels on shares of Compumedics Ltd (CMP.AX). The current 14-day RSI is presently sitting at 60.16, the 7-day is 56.58, and the 3-day is 39.87. The RSI, or Relative Strength Index is a popular oscillating indicator among traders and investors. The RSI operates in a range-bound area with values between 0 and 100. When the RSI line moves up, the stock may be experiencing strength. The opposite is the case when the RSI line is heading lower. Different time periods may be used when using the RSI indicator. The RSI may be more volatile using a shorter period of time. Many traders keep an eye on the 30 and 70 marks on the RSI scale. A move above 70 is widely considered to show the stock as overbought, and a move below 30 would indicate that the stock may be oversold. Traders may use these levels to help identify stock price reversals.
    When completing stock analysis, investors and traders may opt to review other technical levels. Compumedics Ltd (CMP.AX) currently has a 14-day Commodity Channel Index (CCI) of 46.81. Investors and traders may use this indicator to help spot price reversals, price extremes, and the strength of a trend. Many investors will use the CCI in conjunction with other indicators when evaluating a trade. The CCI may be used to spot if a stock is entering overbought (+100) and oversold (-100) territory. The Average Directional Index or ADX is often considered to be an important tool for technical trading or investing. The ADX is a technical indicator developed by J. Welles Wilder used to determine the strength of a trend. The ADX is often used along with the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to identify the direction of the trend. Presently, the 14-day ADX is resting at 37.46.
    Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend. A value of 25-50 would indicate a strong trend. A value of 50-75 would signal a very strong trend, and a value of 75-100 would indicate an extremely strong trend.
    Investors may be employing many various trading strategies when approaching the markets. Investors may be hoping for sustained upward trends where stocks calmly and steadily advance in that direction. Of course, this isn’t typically the case. Having some foreign exposure in the portfolio may provide overall diversification and also potentially boost performance over time. Investing globally may entail considering the risks of investing in economies that are inherently less developed and thus less liquid. A diversified approach may target foreign markets that have solid growth potential and favorable domestic conditions, such as a stable political setting. Investing globally may require much more research and dedication in order to fully understand the ins and outs.
 
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Last
30.0¢
Change
-0.005(1.64%)
Mkt cap ! $55.13M
Open High Low Value Volume
31.0¢ 31.0¢ 30.0¢ $48.38K 159.6K

Buyers (Bids)

No. Vol. Price($)
1 9453 30.0¢
 

Sellers (Offers)

Price($) Vol. No.
31.5¢ 8000 1
View Market Depth
Last trade - 16.10pm 14/10/2024 (20 minute delay) ?
CMP (ASX) Chart
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