LYC lost 8c or -2.94% closing at 2.64 today.
It gaped down on open and hit a low of 2.65 at 11:20AM. Then it was trading in a narrow range between 2.68 and 2.65. The post 4PM auction resulted in the loss of another cent, closing at a new low of 2.64. This is a negative.
Features of the day:
- Lost all the gain this week.
- Just 1c above 61.8% Fibonacci level of 2.63.
- Still inside the short term uptrend channel.
- But it flipped both short and long term Stochastic crossing to the downside.
- However MACD still > 0 and RSI > 50, it's not the end of the world.
What to watch for:
- I have changed my sentiment from Buy to Hold.
- In the absence of positive news for LYC, the SP would drift with the market's sentiment.
- Next few bars would be critical. If it drops out of the short term uptrend channel, we would re-evaluate the chart patterns.
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LYC lost 8c or -2.94% closing at 2.64 today. It gaped down on...
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Last
$6.06 |
Change
0.140(2.36%) |
Mkt cap ! $5.664B |
Open | High | Low | Value | Volume |
$6.02 | $6.12 | $5.97 | $11.52M | 1.904M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 12791 | $6.04 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.07 | 13019 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 14538 | 6.000 |
2 | 134 | 5.960 |
1 | 100 | 5.920 |
2 | 10167 | 5.900 |
2 | 10033 | 5.890 |
Price($) | Vol. | No. |
---|---|---|
6.070 | 3000 | 1 |
6.100 | 7705 | 1 |
6.110 | 3000 | 1 |
6.120 | 7365 | 4 |
6.130 | 3000 | 1 |
Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
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LYC (ASX) Chart |