Patong,
On the contrary, a lower price than a previous low & higher indicator than the indicator at that time does give divergence.
Divergence between price action & the indicator is one of the main things to look for when studying a chart.
SMN technical analysis chart, page-16
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Last
71.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $97.52M | |||
| Open | High | Low | Value | Volume |
| 71.0¢ | 71.0¢ | 68.0¢ | $13.94K | 19.84K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1061 | 68.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 71.0¢ | 16598 | 1 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| SMN (ASX) Chart |