There is a lot of algorithms that trade around the end of day vwap
wuiye often they will bounce the price at theatre of the day then sell down the stock to its low of the day then recovering to close near the vwap
vwap today was $2.314 so just above the close
the bounce at the open often is designed to catch short term day traders who buy up at the open
And then panic and sell out at a loss as the price is systematically walked down stock has run hard but I liked the fact the volume was not huge after Friday strong rise on decent volume
- Forums
- ASX - By Stock
- SPL chart
There is a lot of algorithms that trade around the end of day...
-
- There are more pages in this discussion • 372 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SPL (ASX) to my watchlist
(20min delay)
|
|||||
Last
9.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $38.39M |
Open | High | Low | Value | Volume |
9.2¢ | 9.3¢ | 9.1¢ | $285.5K | 3.101M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 548218 | 9.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.3¢ | 95900 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 548218 | 0.092 |
2 | 71451 | 0.091 |
7 | 98853 | 0.090 |
2 | 86179 | 0.089 |
2 | 45464 | 0.088 |
Price($) | Vol. | No. |
---|---|---|
0.093 | 95900 | 2 |
0.094 | 69440 | 2 |
0.095 | 182403 | 3 |
0.096 | 104177 | 1 |
0.098 | 11506 | 1 |
Last trade - 16.10pm 21/10/2024 (20 minute delay) ? |
Featured News
SPL (ASX) Chart |
The Watchlist
LGP
LITTLE GREEN PHARMA LTD
Paul Long, Chief Executive Officer
Paul Long
Chief Executive Officer
SPONSORED BY The Market Online