acme
I use GANN as one TA methodology - check against others inc. Elliott Waves & indicators [pref is 50:30 Stochastic] to show lnoger term oversold & overbought situations.
On the daily chart a SINGLE day GANN swing chart shows the current trend as down - will remain so until a swing high is higher than the previous one & a swing low is higher that the previous swing low.
On the daily chart a TWO day GANN swing chart shows the trend as UP [GANN traders will look at both - the 2 day version takes out 'noise' & is the one I prefer].
The weekly version of the GANN swing chart shows the trend as UP - it is often used as confirmation / reference by longer term traders.
Based on the swing high of April 23 & the swing low of May2 BHP has retraced 160% since its swing high of May 16 - GANN regards this as exceptional [unlikely to go much further?]. The 200% retrace is at $43.36.
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Last
$43.24 |
Change
-0.500(1.14%) |
Mkt cap ! $219.6B |
Open | High | Low | Value | Volume |
$43.36 | $43.42 | $43.20 | $79.70M | 1.840M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 1196 | $43.23 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$43.24 | 106 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 31 | 43.210 |
42 | 31055 | 43.200 |
13 | 3423 | 43.190 |
13 | 5832 | 43.180 |
8 | 5469 | 43.170 |
Price($) | Vol. | No. |
---|---|---|
43.220 | 1037 | 8 |
43.230 | 3512 | 10 |
43.240 | 2846 | 7 |
43.250 | 5753 | 12 |
43.260 | 3258 | 10 |
Last trade - 12.08pm 10/07/2024 (20 minute delay) ? |
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