KGN 0.45% $4.47 kogan.com ltd

KGN Charts, page-20

  1. 250 Posts.
    lightbulb Created with Sketch. 330
    Hi Rossi70, I think it could go either way at the moment. From a purely technical perspective, conventional indicators are giving mixed messages:

    On the yes side
    the recent price rises are much steadier than the same rise (from $6-7) a few weeks ago. Compare the angles below:

    https://hotcopper.com.au/data/attachments/1738/1738040-893c38fbe5284918da55f45119ca1c46.jpg

    Daily price still comfortably above the 200-day moving average - which has been sustained for months
    https://hotcopper.com.au/data/attachments/1738/1738063-4f93217d1dcca15530d6423923c9f4eb.jpg

    On the no side
    Daily trading volumes are in a downtrend - trading interest is declining (compared to similar prices a while ago)
    https://hotcopper.com.au/data/attachments/1738/1738045-5386ee710a71615685663b739f2e17cc.jpg

    20-day moving average was tested earlier today, but fell back down
    https://hotcopper.com.au/data/attachments/1738/1738061-4c1f77e0f0d14cc56c66f3b2560469ff.jpg

    Neutral indicators
    Comfortably trading within the Bollinger Bands
    https://hotcopper.com.au/data/attachments/1738/1738068-97420040046ab57a355d215ef644ce68.jpg

    I'd be inclined to wait and see - but this is only from a technical perspective, and ignoring any upcoming announcements or stock selloffs by Directors etc.
 
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Last
$4.47
Change
0.020(0.45%)
Mkt cap ! $450.6M
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$4.45 $4.50 $4.42 $1.326M 297.9K

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2 56 $4.47
 

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Price($) Vol. No.
$4.49 2461 2
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Last trade - 16.10pm 19/06/2024 (20 minute delay) ?
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