chart is looking very bearish:
Trend is down (weekly timeframe)
Momentum is down trending 32nd percentile
Volatility is high 89th percentile
Most likely the share price free fall to the down side will continue. There is an old top at around .30 and if that doesn't hold you don't want to know how bad this could get.
The RSI has a lot of room to move before it becomes oversold so this could become a bloodbath if the current trajectory continues
MGT share price, page-12754
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Last
28.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $28.05M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 28.5¢ | 28.0¢ | $18.67K | 65.82K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 34776 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.5¢ | 30306 | 1 |
View Market Depth
| Last trade - 15.37pm 05/07/2024 (20 minute delay) ? |
| MGT (ASX) Chart |