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.
SMN technical analysis chart, page-840
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Last
39.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $53.35M | |||
| Open | High | Low | Value | Volume |
| 39.5¢ | 41.8¢ | 39.0¢ | $23.66K | 59.16K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10843 | 39.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.5¢ | 33562 | 1 |
View Market Depth
| Last trade - 16.10pm 13/06/2024 (20 minute delay) ? |
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Last
39.5¢ |
Change
0.000 ( 1.28 %) |
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| Open | High | Low | Volume | ||
| 39.5¢ | 41.5¢ | 39.5¢ | 13846 | ||
| Last updated 15.08pm 13/06/2024 ? | |||||
| SMN (ASX) Chart |