A quiet week on the chart plot & everyone should be feeling a little more relaxed, perhaps.
With the average true range (ATR) at just .0024 there is little in it for the intra-day traders & by the time the market maker takes a pip either side of the trade all that is left is brokerage to pay still & why @slick et al head for greater volatility somewhere else.
The 65-period simple moving average of the daily closing price is my sentiment indicator & the extreme end of it shows where the market is trading in relation to the average over the last three months of data & we can see that buyers are starting to bid more than they were back in April to June. If this continues & the price gets above the SMA, the indicator will start to rise meaning buyers are willing to pay above the average value & the trend will rise.
Trend lines can be drawn on the moving average of volume when unsure about what is truly happening.
I know what I will do next week, I just have to try & figure out what the other 26,999 shareholders will.
Good luck & IMO
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Last
4.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $356.9M |
Open | High | Low | Value | Volume |
4.9¢ | 4.9¢ | 4.8¢ | $328.5K | 6.792M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
45 | 5443565 | 4.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.9¢ | 2171910 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
36 | 4613688 | 0.048 |
36 | 4066646 | 0.047 |
46 | 3070983 | 0.046 |
60 | 6170008 | 0.045 |
11 | 1951364 | 0.044 |
Price($) | Vol. | No. |
---|---|---|
0.049 | 1200533 | 2 |
0.050 | 4130537 | 15 |
0.051 | 6179811 | 13 |
0.052 | 2579418 | 10 |
0.053 | 1158504 | 8 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
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IMU (ASX) Chart |