Well not conclusive in itself it is a bullish indicator when buyers outnumber sellers ... Taken in context of other indicators its a powerful tool .. not to be ignored...
In fact of even more importance is the relative changes in the ratio to buyers and sellers over a time period ... If buyers are growing that is a early signals a move up may be about to occur...
So powerful is this indicator that I track the Buy/Sell ratio of several hundred stocks at once, graphically and I take the depth ratio into account with every purchase I make to assist in getting the timing right..
Ignore it at you own peril IMHO
Well not conclusive in itself it is a bullish indicator when...
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CTP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
5.0¢ |
Change
-0.001(1.96%) |
Mkt cap ! $37.00M | |||
| Open | High | Low | Value | Volume |
| 5.1¢ | 5.1¢ | 5.0¢ | $61.41K | 1.222M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 462354 | 5.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.5¢ | 450000 | 1 |
View Market Depth
| Last trade - 15.12pm 30/07/2024 (20 minute delay) ? |
| CTP (ASX) Chart |