Elders Force Index (EFI) measures the power behind a price movement using price and volume. The indicator can also be used to identify potential reversals and price corrections. The EFI is an oscillator that fluctuates between positive and negative values above and below a Zero Line.
Calculation: Elders Force Index (EFI):
1) Close – Close yesterday x Volume;
PROFILE: Bellamys Australia (BAL.AX)
Stock Exchange: ASX
Company: Bellamys Australia
Ticker Codes: | BAL.AX | ASX:BAL |
Bellamy's Australia Limited produces and markets organic foods and formula products for babies, toddlers, and young children. The company offers formula and toddler milk drinks, cereals and rusks, pastas, snacks, and ready to serve baby foods, as well as powdered milk products. Bellamy's Australia Limited sells its products to retailers and other resellers in Australia; distributors and customers through third party Websites in China and Hong Kong; and other distributors and retailers in South East Asia. The company was formerly known as Tasmanian Pure Foods Limited and changed its name to Bellamy's Australia Limited in June 2014. Bellamy's Australia Limited was founded in 2004 and is based in Launceston, Australia.
Elder's Force IndexDownload
|LNG Liquefied Natural Gas||0.7||9.4||3,202,760||26,691||BULLISH|
|EWC Energy World Corporation||0.19||8.8||503,392||245||BULLISH|
|SAS Sky And Space Global||0.06||7.3||4,707,730||56,619||BULLISH|
|BPT Beach Petroleum||2.04||6||25,271,336||104,588||BULLISH|
|UOS United Overseas Australia||0.66||4.8||75,400||531||BULLISH|
|MCY Mighty River Power||3.19||3.2||1,083||4,514||BULLISH|