It's calculated based on the time frame of the chart. Mine is a 1 year daily closing, 20 periods chart using a simple moving average & 2 standard deviations. Yours is based on a shorter time frame. It is interesting to note they both show the same price as resistance. Yours would be used for short time frame trading, mine for longer swing trades. Market analysis is more art than science, If it was a precise science then trading would end as the result would be known.
On a separate note, I don't see my chart in my first comment, I see a 'view attachment' link that when clicked states I don't have permission. When I click on 'expand the quote' in my WTF comment, then I see the chart. Is this also true for you ?
It's calculated based on the time frame of the chart. Mine is a...
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Last
$7.63 |
Change
-0.175(2.24%) |
Mkt cap ! $7.178B | |||
| Open | High | Low | Value | Volume |
| $7.78 | $7.80 | $7.59 | $7.754M | 1.012M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 4387 | $7.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.63 | 8318 | 29 |
View Market Depth
| Last trade - 13.34pm 03/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |