Interestingly, after today's trading session, I'm seeing a flip on the downward trending Par Sar with default (ANZ platform) parameters applied (Accel Factor = 0.02, Max Accel = 0.2).
So, we now have a single dot indicating a price direction reversal!
Some info on the Parabolic SAR, courtesy of Investopedia: https://www.investopedia.com/trading/introduction-to-parabolic-sar/#citation-1
'The parabolic SAR is a technical indicator used to determine the price direction of an asset, as well as draw attention to when the price direction is changing. Sometimes known as the "stop and reversal system," the parabolic SAR was developed by J. Welles Wilder Jr., creator of the relative strength index (RSI)'.
Interestingly, after today's trading session, I'm seeing a flip...
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Last
4.8¢ |
Change
-0.002(4.00%) |
Mkt cap ! $356.9M | |||
| Open | High | Low | Value | Volume |
| 5.0¢ | 5.0¢ | 4.8¢ | $382.1K | 7.853M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 62 | 8072405 | 4.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.9¢ | 668099 | 5 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| IMU (ASX) Chart |