RMS 2.04% $1.92 ramelius resources limited

RMS chart, page-64

  1. 378 Posts.
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    I have asked this question of other chartists but never received anything near a reasoned reply. What do you think?

    The repertoire of indicators and chart patterns evolved largely during a period when markets were little influenced by the advanced application of computing e.g. algorithms and fast computerised trading and turnover. How significant are these indicators today?

    I use diversions between market price and Commodity Channel indicators as a guide to where the market, or individual stocks, may be heading. It works marvelously in hindsight across the spectrum but is a still a headache in real time.

    I have asked for instance whether there is an indicator based on bot frequency direction, buyback money flow as a proportion of total market money flow or money flow to low share price techs. as a proportion of total market money flow as an indicator of possible peak exhaustion but get shrugged off.

    Any thoughts? Indicators at the best of times are only that - no guarantees. I never engage hope as a partner.

    A nice conundrum for a smoky bushy Sunday.
 
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Last
$1.92
Change
-0.040(2.04%)
Mkt cap ! $2.193B
Open High Low Value Volume
$1.97 $1.98 $1.91 $3.875M 2.012M

Buyers (Bids)

No. Vol. Price($)
1 5202 $1.92
 

Sellers (Offers)

Price($) Vol. No.
$1.93 4466 1
View Market Depth
Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
$1.92
  Change
-0.040 ( 1.93 %)
Open High Low Volume
$1.97 $1.97 $1.91 773865
Last updated 15.59pm 03/05/2024 ?
RMS (ASX) Chart
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