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
$1.99 |
Change
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Mkt cap ! $2.268B |
Open | High | Low | Value | Volume |
$1.99 | $1.99 | $1.99 | $115.1K | 57.87K |
Buyers (Bids)
No. | Vol. | Price($) |
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6 | 14138 | $1.99 |
Sellers (Offers)
Price($) | Vol. | No. |
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$1.99 | 10800 | 13 |
View Market Depth
No. | Vol. | Price($) |
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2 | 1307 | 2.080 |
4 | 1627 | 2.040 |
1 | 760 | 2.030 |
1 | 4900 | 2.010 |
3 | 2638 | 2.000 |
Price($) | Vol. | No. |
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1.790 | 1007 | 1 |
1.890 | 1208 | 2 |
1.900 | 789 | 2 |
1.935 | 804 | 4 |
1.960 | 813 | 2 |
Last trade - 10.08am 15/05/2024 (20 minute delay) ? |
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Last
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Change
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Open | High | Low | Volume | ||
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Last updated 10.26am 15/05/2024 ? |
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