[BEARISH]: Ardent Leisure currently has negative rate of change of -30%. This means the current volume is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is 1.7%.
Volume Rate of Change Volume (VROC) is an oscillator applied to volume rather than price and is calculated in the same manner as the Rate of Change (Price) indicator. VROC highlights increases in volume which normally occur at most significant market tops bottoms and breakouts.
Calculation: Volume Rate of Change (VROC):
1) ( Volume [today] - Volume [n days ago] ) / Volume [n days ago];
PROFILE: Ardent Leisure (AAD.AX)
Stock Exchange: ASX
Company: Ardent Leisure
Ticker Codes: | AAD.AX | ASX:AAD |
Ardent Leisure Group invests in and operates leisure and entertainment businesses in Australia, New Zealand, and the United States. Its US Entertainment Centres segment operates 37 entertainment centers in Texas, Arizona, Georgia, Illinois, Kentucky, Missouri, New Mexico, Ohio, Oklahoma, Kansas, Florida, Indiana, Pennsylvania, and Tennessee, United States. The company's Australian Bowling and Entertainment Centres segment operates 43 bowling centers and 5 amusement arcades in Australia; and 1 bowling center in New Zealand. Its Australian Theme Parks segment operates Dreamworld and WhiteWater World in Coomera, Queensland; and the SkyPoint observation deck and climb in Surfers Paradise, Queensland. Ardent Leisure Group is based in North Sydney, Australia.
Volume Rate of ChangeDownload
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