Indicators like that are pretty much useless, it's much better to look at the price and volume. When something is down trending like this with large volume in the down days and light volume in the up days, that's clearly net selling.
This link shows you how that indicator is calculated, even just bots ticking the price up or down at the close will alter that indicator https://www.incrediblecharts.com/indicators/accumulation_distribution.php
- Forums
- ASX - By Stock
- PAN
- PoN
PoN, page-76
-
- There are more pages in this discussion • 141 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PAN (ASX) to my watchlist
|
|||||
Last
3.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $103.9M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
PAN (ASX) Chart |
Day chart unavailable
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online