IMU 0.00% 5.0¢ imugene limited

For this Sundays update I look at the chart from the long-term...

  1. Fid
    2,415 Posts.
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    For this Sundays update I look at the chart from the long-term holders POV.

    We are now past the 11th week of a diverging from price, MACD histogram, the blue bars on the middle plot. This means that price is holding at this level but with a sway to the upside rather than down.
    The Relative Strength Index (RSI) is trending up, this oscillator is diverging from price also.
    My infamous blue line is the average price paid per share for the previous 13 weeks, so if you are buying now, below .0565 you are paying below that average value.
    I haven't shown volume which has become pretty much irrelevant it's so thin & as @slick & @GmundStables counsel us that with so many SOI it will take an epic event for price to gain any traction. The smarts need demand & lots of it, that just isn't happening at present.
    IMO


    https://hotcopper.com.au/data/attachments/6406/6406791-67b94bec326b9f0fa0c0ccd689361beb.jpg
 
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Last
5.0¢
Change
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Mkt cap ! $371.8M
Open High Low Value Volume
5.0¢ 5.0¢ 4.8¢ $521.9K 10.58M

Buyers (Bids)

No. Vol. Price($)
17 1612511 4.9¢
 

Sellers (Offers)

Price($) Vol. No.
5.0¢ 3882781 14
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Last trade - 16.10pm 02/10/2024 (20 minute delay) ?
IMU (ASX) Chart
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