[BULLISH]: Aurizon Holdings current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the ADLINE is 4.61268e+007. day. During the quarter, the highest ADLINE value was 4.61268e+007.
Accumulation/distribution (ADLINE) is a momentum indicator that attempts to gauge supply and demand by determining whether investors are generally accumulating or buying or distributing or selling a certain stock by identifying divergences between stock price and volume flow. The accumulation/distribution is calculated by first calculating the money flow multiplier then multiplying the money flow multiplier by the period’s volume.
[Calculation] Accumulation Distribution Line:
1) Money Flow Multiplier = [(close - low) - (high - close)] / (high - low);
2) Money Flow Volume = Money Flow Multiplier x volume for the period;
3) Accumulation/Distribution= previous Accumulation/Distribution + current periods Money Flow Volume.
Accumulation Distribution LineDownload
|Company||Close||Close Change (%)||Volume||Value||Signal|
|BDR Beadell Resources||0.06||7||4,104,304||68,813,438||BULLISH|
|GZL Gazal Corporation||3.25||6.6||13,082||145,091||BULLISH|
|DNA Donaco International||0.18||5.9||888,854||11,731,884||BULLISH|
|EPW ERM Power||1.41||4.8||275,509||524,059||BULLISH|