yah, lots of small trades, trades at 6.5 average $1073 and at 6.4 is $1075. The algos are having a field day. To get these numbers I divide the volume at X price by the amount of trades then multiply by the price. Curiously, and there may be no correlation but look at the total volume at ask for 6.4 and 6.5 - they're pretty close hey. Makes me wonder.
Truth be told, 6.3 volume wise isn't all that far away
To try and understand real demand/supply volume I use a 10% tolerance from the current SP, all up the buy and sell sides are as above but if you look only within a 10% band, the buy side ranges from 5.9 to 6.4 and has circa 4,64m shares, sell side ranges from 6.5 to 7.1 and has 2.2m shares. So, the order book still looks relatively healthy being almost 3:1 to demand side.
Orders (buy) being stacked between 6.3 and 6.1 appears that buyers are also anticipating those ranges to come into play.
Just musings
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