Looks like distribution after a good run. Huge whipsaws in the upper range is far from a trending stock.
Mean reversion traders are probably helping maintain the range, doesn't look like accumulation.
Breaking the 30week ema is more often than not a warning signal. Review this against other stocks that topped and pulled back significantly.
Not making a prediction, but I sure wouldn't be buying the dips, but instead managing the risk side aggressively.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$13.96 |
Change
0.060(0.43%) |
Mkt cap ! $8.940B | |||
| Open | High | Low | Value | Volume |
| $13.97 | $14.03 | $13.82 | $25.49M | 1.829M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1993 | $13.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.97 | 7433 | 1 |
View Market Depth
| Last trade - 16.10pm 16/06/2025 (20 minute delay) ? |
| NXT (ASX) Chart |