% VOLUME OSCILLATOR
Trading: HOLD @ $0.068
Signal Strength: MEDIUM
Broo (ASX:BEE) currently has positive PVO 21.37%. The recent volume is gaining momentum through a rise on the short term exponential moving average. Currently, the return on PVO is -5.4%.
Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has the ability to detect the speed of movement & give an early signal for a potential movement. By understanding the rate at which the price is moving in respect to the stocks historical trades, enables positions to be set in place based on changes in the speed of movement
The Percentage Volume Oscillator (PVO) is a momentum oscillator for volume. PVO measures the difference between two volume-based moving averages as a percentage of the larger moving average. As with MACD and the Percentage Price Oscillator (PPO) it is shown with a signal line a histogram and a centreline.
Calculation: Percentage Volume Oscillator (PVO):
1) Percentage Volume Oscillator (PVO): ((12-day EMA of Volume - 26-day EMA of Volume)/26-day EMA of Volume) x 100;
2) Signal Line: 9-day EMA of PVO; 3) Histogram: PVO - Signal Line;
PROFILE: Broo (BEE.AX)
Stock Exchange: ASX
Ticker Codes: | BEE.AX | ASX:BEE |
Broo Limited produces and distributes beer in Australia and China. It operates through Hospitality, Australian brewing, and Chinese brewing segments. The company offers beers under the Broo Premium Lager and Australia Draught names. It serves hotels, liquor stores, restaurants, and other licensed premises through wholesalers. The company also manages pubs and boutique brewery venues. Broo Limited is headquartered in Mildura, Australia.
% Volume OscillatorDownload
|KAR Karoon Gas Australia||1.05||5.6||521,607||-2.8||BEARISH CROSSOVER|
|PGH Pact||3.38||5||1,034,996||-0.59||BEARISH CROSSOVER|
|IGO Independence||4.16||4.5||2,388,532||-4.28||BEARISH CROSSOVER|
|IRI Integrated Research||2.37||4.4||132,464||-1.76||BEARISH CROSSOVER|
|CCV Cash Converters International||0.28||3.7||412,089||-1.79||BEARISH CROSSOVER|
|TGR Tassal||4.19||1.7||295,048||-0.34||BEARISH CROSSOVER|
|NEC Nine Entertainment||1.63||1.2||5,956,385||-2.45||BEARISH CROSSOVER|
|BHP Bhp Billiton||32.36||1||5,350,532||-1.29||BEARISH CROSSOVER|
|AFI Australian Foundation||6.1||0.7||205,782||-1.06||BEARISH CROSSOVER|
|NTC Netcomm||0.73||0.7||96,349||-5.77||BEARISH CROSSOVER|