[BEARISH]: Australian Agricultural current price has highlighted recent distribution. Currently, the OBV is -304762.
On Balance Volume (OBV) attempts to measure the level of accumulation or distribution by comparing volume to price movements. Volume is added to the indicator if closing price moves up and subtracted if closing price moves down. No adjustment is made if closing price is unchanged.
Calculation: On Balance Volume:
1) If the closing price is above the prior close price then: Current OBV = Previous OBV + Current Volume;
2) If the closing price is below the prior close price then: Current OBV = Previous OBV - Current Volume;
3) If the closing prices equals the prior close price then: Current OBV = Previous OBV (no change)
PROFILE: Australian Agricultural (AAC.AX)
Stock Exchange: ASX
Company: Australian Agricultural
Ticker Codes: | AAC.AX | ASX:AAC |
Australian Agricultural Company Limited produces and sells cattle and beef in Australia. The company engages in owning, operating, and developing pastoral properties; producing beef, including breeding, backgrounding, feedlotting, and processing cattle; and the production of grass fed beef, grain fed beef, and Wagyu beef. The company operates under the Wylarah, Westholme, Master Kobe, Kobe Cuisine, and Darling Downs Wagyu brands. It operates an integrated cattle production system across 19 owned cattle stations, 2 leased stations, 7 agisted properties, 2 owned feedlots, a beef processing facility, and 2 owned farms covering an area of approximately 7 million hectares of land in Queensland and the Northern Territory. The company also exports its products. Australian Agricultural Company Limited was founded in 1824 and is based in Brisbane, Australia.
On Balance VolumeDownload
|DNA Donaco International||0.19||12.1||124,948||661,798||BULLISH|
|BDR Beadell Resources||0.06||11.5||4,487,745||17,433,768||BULLISH|
|ALK Alkane Exploration||0.26||8.3||1,267,384||1,476,210||BULLISH|
|EVN Evolution Mining||2.85||6.7||16,065,333||85,547||BULLISH|
|RRL Regis Resources||4.11||6.5||4,264,650||39,641,257||BULLISH|
|LYC Lynas Corporation||2.05||5.9||7,004,603||3,165||BULLISH|
|SAR Saracen Mineral||1.88||5.3||7,044,035||186,484,758||BULLISH|