why on earth does

  1. ds
    7,131 Posts.
    a stock like ADO follow a tech indicator like a MACD so specifically?

    It has worked for a couple of years now and the last 2 signals were buy on 31/1/13 @ 6.3c with a high up to 7.1c and a sell signal @ 6.6c on 27/2/13 for the recent move to a low of 4.7c and now looking like it is about to cross for a buy again.

    Shortest timeframe it has either rallied or sold off for is just over a month so when it crosses back over it will likely trend up for a number of weeks.

    The best combined signal is probably a close above 5.2c where it goes back above the recent low in Sept last year signalling the recent lows were a false break down.

    Even at the speculative end of town technicals seem to have some relevance.
 
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(20min delay)
Last
1.4¢
Change
0.002(16.7%)
Mkt cap ! $37.87M
Open High Low Value Volume
1.2¢ 1.5¢ 1.2¢ $72.30K 5.450M

Buyers (Bids)

No. Vol. Price($)
10 2598970 1.3¢
 

Sellers (Offers)

Price($) Vol. No.
1.4¢ 695198 3
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Last trade - 10.43am 18/07/2025 (20 minute delay) ?
ADO (ASX) Chart
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