This is a monthly chart since 2014. As you can see the MACD is flat line and just below signal line. We want this above signal line for a confirmation of change of direction.. STochastic is oversold territory. The chaikin Money Flow is also negative territory. We want this to start diverging upwards as the SP is at it's lows. (Also, the last 12 months it's in distribution mode). Bottom line is that the last three years it's been ugly and no sign of momentum to the positive side. The positive is that the on the Weekly chart the Chaikin Money flow is diverging with higher lows. Still a bit early on that front. MACD is above signal line but in negative territory. I'll be watching weekly chart now and post it next week.
MSB_Charts
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Last
$1.10 |
Change
-0.025(2.23%) |
Mkt cap ! $1.250B | |||
| Open | High | Low | Value | Volume |
| $1.13 | $1.16 | $1.04 | $14.57M | 13.49M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 21024 | $1.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.10 | 241 | 1 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| MSB (ASX) Chart |