Only thing that matters is... the 200 MDA (multiple discriminant analysis). <BRN> recently fell below it and tried twice to claw back up above it. The 5, 20, 50 & 100 are all above current SP.
Your Friend is the Trend...not the volatility of rampers/pumpers.The moving averages are all about trend-following
The main idea of a moving average is to capture trends in the market. A moving average is an extremely simple tool to determine the trend: if the close is above the 200-day moving average, the trend is up. If the close is below, the trend is down. This is as simple as it gets.
It'll keep you out of a 18mths recession in 2022 and 2023.
TD
Why I've sold all my BRN... and all my other Stocks, page-894
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Last
19.5¢ |
Change
-0.020(9.30%) |
Mkt cap ! $382.6M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 22.0¢ | 19.5¢ | $3.501M | 17.34M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 601346 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 272894 | 3 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| BRN (ASX) Chart |