ZIP 7.33% $1.39 zip co limited..

Volume shows how much conviction investors have with a trend....

  1. 814 Posts.
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    Volume shows how much conviction investors have with a trend. Low volumes and a price drop may indicate little conviction in that down-trend.

    High volumes on a price drop may indicate high conviction in a down-trend.

    High volume on a price rise may indicate high conviction in an up-trend. Low volume on price-rise may indicate little conviction in the up-trend.

    when volume is low, price is easier to manipulate. It's always good to keep an eye on all your tickers respective volumes and what the volume generally averages. Also good to look at the parcel sizes that are changing hands

    This is not definitive and doesn't always ring true, hence the use of my word 'may'....
 
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Last
$1.39
Change
-0.110(7.33%)
Mkt cap ! $1.507B
Open High Low Value Volume
$1.54 $1.54 $1.38 $44.76M 31.08M

Buyers (Bids)

No. Vol. Price($)
2 31600 $1.39
 

Sellers (Offers)

Price($) Vol. No.
$1.40 9500 1
View Market Depth
Last trade - 16.10pm 29/03/2024 (20 minute delay) ?
Last
$1.40
  Change
-0.110 ( 6.24 %)
Open High Low Volume
$1.54 $1.54 $1.38 7711799
Last updated 15.59pm 29/03/2024 ?
ZIP (ASX) Chart
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