ANOTHER look at the long term, up trend LINEAR REGRESSION chart.
Since the most recent set back, there has been only 1 WEEKLY close below key HORIZONTAL SUPPORT @ 48c.
Obviously, the pending 4c release will be of much interest.
A hint of (further) negative bias would be an indication to expect further down side.......the next key support is @35.5c. (imo).
The SMN share price has been, for the most part, RANGE TRADING for the last 4 YEARS, with THE key resistance level @ 98c.......and keeping in mind, it is the CLOSING PRICE for that reference.
Consistent CLOSES above THAT 98c. level would be an indication to expect some up side fireworks.
Cheers.
[ATTACH] ANOTHER look at the long term, up trend LINEAR...
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 (20min delay)
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Last
37.0¢ |
Change
-0.020(5.13%) |
Mkt cap ! $51.98M | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 39.0¢ | 37.0¢ | $23.15K | 61.72K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 21831 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 2535 | 1 |
View Market Depth
| Last trade - 14.57pm 30/04/2024 (20 minute delay) ? |
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Last
37.5¢ |
Change
-0.020 ( 1.35 %) |
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| Open | High | Low | Volume | ||
| 37.0¢ | 38.0¢ | 37.0¢ | 5225 | ||
| Last updated 15.23pm 30/04/2024 ? | |||||
| SMN (ASX) Chart |