NWH 4.63% $2.71 nrw holdings limited

Chart Update, page-2417

  1. 741 Posts.
    lightbulb Created with Sketch. 62
    Commsec's view:

    Column 1 Column 2
    0 NRW Holdings Ltd forms bullish "Bottom Triangle" chart patternOct 23, 2020
    Trading Central has detected a "Bottom Triangle" chart pattern formed on NRW Holdings Ltd (NWH:ASX). This bullish signal indicates that the stock price may rise from the close of 2.24 to the range of 2.80 - 2.90. The pattern formed over 55 days which is roughly the period of time in which the target price range may be achieved, according to standard principles of technical analysis.
    Tells Me: The price seems to have reached a bottom, showing signs of reversal as it has broken upward after a period of uncertainty or consolidation. A Bottom Triangle shows two converging trendlines as prices reach lower highs and higher lows. Volume diminishes as the price swings back and forth between an increasingly narrow range reflecting uncertainty in the market direction. Then well before the triangle reaches its apex, the price breaks above the upper trendline with a noticeable increase in volume, confirming this bullish pattern as a reversal of the prior downtrend.
    This bullish pattern can be seen on the following chart and was detected by Trading Central proprietary pattern recognition technology.
    Column 1
watchlist Created with Sketch. Add NWH (ASX) to my watchlist
(20min delay)
Mkt cap ! $1.156B
Open High Low Value Volume
$2.65 $2.75 $2.62 $9.594M 3.565M

Buyers (Bids)

No. Vol. Price($)
1 2372 $2.71

Sellers (Offers)

Price($) Vol. No.
$2.72 15490 3
View Market Depth
Last trade - 16.10pm 24/11/2020 (20 minute delay) ?
0.120 ( 5.34 %)
Open High Low Volume
$2.68 $2.75 $2.62 1615818
Last updated 15.59pm 24/11/2020 (live) ?
NWH (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.