IMD 1.32% $2.24 imdex limited

Recently, Imdex shares traded down in a longer term 'Oversold...

  1. 199 Posts.
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    Recently, Imdex shares traded down in a longer term 'Oversold Trifecta' for only the 5th time in the past 15 years. Those metrics are a combination of when the share price simultaneously trades 2.5 standard deviations below its rolling weekly mean, (at least) down to or below its 200 week moving average and registers a weekly Oversold RSI (Relative Strength Indicator) reading. This was between $1.90 - $2.00 share price.

    Im wanting to start a discussion, thoughts and beliefs about IMD as to what longer term shareholders might be feeling right now, with the company down 20% since September and I believe incredibly oversold.

    What is IMD’s fair value? What does the future hold for the company?
 
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Last
$2.24
Change
-0.030(1.32%)
Mkt cap ! $1.143B
Open High Low Value Volume
$2.29 $2.29 $2.22 $3.489M 1.558M

Buyers (Bids)

No. Vol. Price($)
3 140122 $2.24
 

Sellers (Offers)

Price($) Vol. No.
$2.26 167186 2
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
IMD (ASX) Chart
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