Are buyers returning or sellers taking a break? Look at chart what have been the high volume days? In fact up days had 24.0M shares traded and down days 36.8 M shares traded. If you multiply shares traded times size of trade the difference is even larger. So you may say buyers are back but historical results says you are probably wrong.
So as usual with your Myopic vision you see 5.7M shares traded and price up .26 Cents and totally ignore yesterday with down 21 cents with 7.4M. Shares traded.
All I Know is its 14 day momentum is still negative 1. At 8.88 it is on the 50 DMA . The 100 DMA is above it at 9.03 and the 200
DMA is at 9.37. JMO A little early to declare a turnaround.
Technical, page-1645
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Last
$6.30 |
Change
-0.050(0.79%) |
Mkt cap ! $5.888B | |||
| Open | High | Low | Value | Volume |
| $6.34 | $6.35 | $6.29 | $13.31M | 2.111M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10973 | $6.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.31 | 14462 | 3 |
View Market Depth
| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |