[BEARISH]: Broo current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the ADLINE is -213996. day. During the quarter, the lowest ADLINE value was -213996.
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|
|FBR Fastbrick Robotics||0.2||8.3||2,554,848||-25,644,019||BEARISH|
|EGS Eastern Goldfields||0.13||8.3||550,075||-3,455,187||BEARISH|
|EMH European Metals Holdings||0.43||6.3||40,455||-497,626||BEARISH|
|BLA Blue Sky||1.5||5.7||641,702||-4,892,114||BEARISH|
|COE Cooper Energy||0.43||4.9||5,449,546||-2,052,994||BEARISH|
|ATL ASX 20||1.55||4.7||140,673||-514,024||BEARISH|
|HSN Hansen Technologies||3.25||4.5||590,563||-12,373,989||BEARISH|