"Traded last" is a term used in financial markets and refers to the lowest price at which a particular asset, security, or investment was transacted during a given trading session or period.
The phrase indicates the most recent or latest trade that occurred at the time being analyzed. It represents the final price at which a specific asset or security exchanged hands before the market closed or the time period under consideration ended. The "traded last" price is crucial for investors and traders as it helps determine the market sentiment, the current value of an asset, and possibly forecast future price movements.
Tracking the "traded last" price aids investors in assessing the market depth, liquidity, and current trading activity of a particular security. For instance, if the "traded last" price is close to the bid price, it suggests that sellers have been dominating the market. Conversely, if the "traded last" price is closer to the ask price, it indicates that buyers have been more active.
Moreover, analyzing the "traded last" price can be valuable in technical analysis, enabling traders to identify support and resistance levels, determine entry and exit points for trades, or establish specific trading strategies. By studying the "traded last" price, investors and traders can make informed decisions regarding buying or selling assets, managing risk, or setting stop-loss orders.
