Broo (BEE)

Download button icon Download

Broo (BEE): Signals

No data currently available.

data-ad-format="auto">

Explore Compare Share

TECHNICAL ANALYSIS SUMMARY

Broo (BEE.AX)


Indicator:

CHAIKIN MONEY FLOW


Last Signal:

BEARISH


Trading: SELL @ $0.12
Signal Strength: MEDIUM
Recommendation:

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading exit. Indicator can be applied to the short/medium term timeframe, but the best results are obtained with larger cyclical swings in-line with the trend direction. This accumulation / distribution oscillator can provide guidance on the money flow direction from the companies recent trading.


Broo (ASX:BEE) current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.54. BEE.AXThe bearish signal has been active for 0 day. During the quarter, the lowest CMF value was -0.59 occurring on the Aug 17 2018.


Developed by Marc Chaikin, Chaikin Money Flow measures the amount of Money Flow Volume over a specific period. Money Flow Volume forms the basis for the Accumulation Distribution Line. Instead of a cumulative total of Money Flow Volume, Chaikin Money Flow simply sums Money Flow Volume for a specific look-back period, typically 20 or 21 days. The resulting indicator fluctuates above/below the zero line just like an oscillator. Chartists weigh the balance of buying or selling pressure with the absolute level of Chaikin Money Flow. Chartists can also look for crosses above or below the zero line to identify changes on money flow.

Calculation: Chaikin Money Flow (20):
1) Money Flow Multiplier = [(Close - Low) - (High - Close)] / (High - Low);
2) Money Flow Volume = Money Flow Multiplier x Volume for the Period;
3) 20-period CMF = 20-period Sum of Money Flow Volume / 20 period Sum of Volume;


PROFILE: Broo (BEE.AX)


Stock Exchange: ASX
Company: Broo
Ticker Codes: | BEE.AX | ASX:BEE |

About Broo (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.

Top 10:

Chaikin Money Flow

Download button icon Download
Company Close Change (%) Volume Value Signal
TZN Terramin Australia 0.1 9.9 117,532 -0.13 BEARISH
LNG Liquefied Natural Gas 0.7 9.4 3,202,760 -0.16 BEARISH
ISX Isignthis 0.18 9.1 1,585,629 -0.4 BEARISH
EWC Energy World Corporation 0.19 8.8 503,392 -0.46 BEARISH
IRI Integrated Research 2.78 7.8 430,094 -0.17 BEARISH
SAS Sky And Space Global 0.06 7.3 4,707,730 -0.31 BEARISH
APD Apn Property 0.45 5.9 146,212 -0.23 BEARISH
BKW Brickworks 16.94 4.4 599,835 -0.1 BEARISH
ADH Adairs 2.57 3.6 664,136 -0.06 BEARISH
BLA Blue Sky 1.64 3.5 260,460 -0.27 BEARISH
back to top