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
0.010(0.50%) |
Mkt cap ! $2.285B |
Open | High | Low | Value | Volume |
$2.03 | $2.04 | $2.00 | $4.978M | 2.481M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 50724 | $2.00 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.01 | 21435 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 19335 | 2.000 |
4 | 12754 | 1.990 |
1 | 2328 | 1.985 |
2 | 5928 | 1.980 |
3 | 7858 | 1.975 |
Price($) | Vol. | No. |
---|---|---|
2.020 | 18319 | 4 |
2.030 | 2819 | 1 |
2.040 | 3309 | 2 |
2.050 | 205219 | 3 |
2.060 | 17769 | 3 |
Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
$2.01 |
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Change
0.010 ( 1.09 %) |
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Open | High | Low | Volume | ||
$2.03 | $2.05 | $2.00 | 1499253 | ||
Last updated 15.59pm 10/05/2024 ? |
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