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
$2.00 |
Change
0.025(1.27%) |
Mkt cap ! $2.271B |
Open | High | Low | Value | Volume |
$1.99 | $2.00 | $1.97 | $2.812M | 1.417M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
31 | 44776 | $2.00 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.00 | 117849 | 46 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
40 | 68505 | 1.990 |
32 | 63142 | 1.985 |
21 | 77979 | 1.980 |
17 | 100810 | 1.975 |
16 | 39425 | 1.970 |
Price($) | Vol. | No. |
---|---|---|
1.995 | 44271 | 40 |
2.000 | 124317 | 41 |
2.010 | 370583 | 22 |
2.020 | 40539 | 15 |
2.030 | 19861 | 6 |
Last trade - 15.32pm 08/05/2024 (20 minute delay) ? |
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Last
$2.01 |
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Change
0.025 ( 1.54 %) |
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Open | High | Low | Volume | ||
$1.98 | $2.01 | $1.97 | 525084 | ||
Last updated 15.52pm 08/05/2024 ? |
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