Could you enlighten all of us about your trend change? It's been in a downtrend since 2017, but that's changed according to your analysis. Why? Don't lower highs confirm a downtrend?
On a monthly/ weekly basis, we see key developments. Buyers are entering the market below 37, and a recent Daily double-bottom pattern is worth noting. This pattern, formed on 29/02/2024 and 29/04/2024, has piqued interest. What could this mean?
The monthly chart has a low close doji. Overall sentiment over the time period could mean a test lower.
Price is trading below all moving averages, 200sma, 50 sma and 20ema, trading within a downtrend channel.
Could you enlighten all of us about your trend change? It's been...
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 (20min delay)
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Last
37.5¢ |
Change
-0.010(2.60%) |
Mkt cap ! $51.30M | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 39.0¢ | 37.0¢ | $17.83K | 47.10K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9999 | 37.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 5000 | 1 |
View Market Depth
| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Last
37.0¢ |
Change
-0.010 ( 1.33 %) |
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| Open | High | Low | Volume | ||
| 39.0¢ | 39.0¢ | 37.0¢ | 5603 | ||
| Last updated 14.39pm 21/05/2024 ? | |||||
| SMN (ASX) Chart |