Trying to get a bit educated on what you mean by price action? The volumes are quite low today.
I have been looking at market activity and since December, we have only had 22 days where more than 20M shares have traded on the day. What is so important about 20M you may ask? Well I took that as an arbitrary indication of how much the stock may be trading hands- 20M being roughly 1% of total shares:
If you look at it in a shorter time span- since April, when the trend is tending upwards, there have only been 3 over 1% stock trading days, the average being closer to 10M.
?not sure if there is anything to read into this??
Trying to get a bit educated on what you mean by price action?...
-
- There are more pages in this discussion • 2,432 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MEI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
16.0¢ |
Change
-0.010(5.88%) |
Mkt cap ! $318.4M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.0¢ | 16.0¢ | $639.2K | 3.939M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 880649 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 150459 | 2 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| MEI (ASX) Chart |