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:
Daily price still comfortably above the 200-day moving average - which has been sustained for months
On the no side
Daily trading volumes are in a downtrend - trading interest is declining (compared to similar prices a while ago)
20-day moving average was tested earlier today, but fell back down
Neutral indicators
Comfortably trading within the Bollinger Bands
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
$4.21 |
Change
-0.020(0.47%) |
Mkt cap ! $425.6M |
Open | High | Low | Value | Volume |
$4.25 | $4.29 | $4.21 | $860.7K | 202.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 991 | $4.21 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.22 | 5269 | 28 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 994 | 4.210 |
14 | 29805 | 4.200 |
12 | 20423 | 4.190 |
10 | 27506 | 4.180 |
10 | 13389 | 4.170 |
Price($) | Vol. | No. |
---|---|---|
4.220 | 5269 | 28 |
4.230 | 8116 | 21 |
4.240 | 11786 | 19 |
4.250 | 8351 | 12 |
4.260 | 10560 | 12 |
Last trade - 13.00pm 04/07/2024 (20 minute delay) ? |
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