26 week EMA/50 day SMA have both held so good indication of support there.
But weekly (top chart) RSI downtrend and Elder Force (volume) downtrend lines are not broken to the upside yet. And MACD lines are still sloping down. It's nosing above resistance at around 22.50 though, which is positive.
Daily (lower chart) shows the prices now sitting on top of the averages after a nice bounce off the 50 SMA. Also RSI downtrend line broken to the upside. Elder Force (volume) downtrend not broken yet though and MACD lines still sloping down.
Support at this level starting to look hopeful.
Needs a bit more volume to get it to push up again though.
FMG Technical Analysis, page-6702
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Last
$21.62 |
Change
-0.420(1.91%) |
Mkt cap ! $66.56B | |||
| Open | High | Low | Value | Volume |
| $21.61 | $21.78 | $21.48 | $190.2M | 8.611M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 15504 | $21.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.62 | 6560 | 1 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |