[BEARISH]: Broo current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the DVI is -1166.
The daily volume index (DVI) is the amount of individual securities traded in a day on average over a specified period of time. Trading activity relates to the liquidity of a security. When average daily trading volume is high the stock can be easily traded and has high liquidity if trading volume is not very high and the security will tend to be less expensive because people are not as willing to buy it. As a result average daily trading volume can have an effect on the price of the security.
Calculation: Daily Volume Index (DVI):
1) [Close]-[Average price] / [Average price] x [Volume];
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.
Daily Volume IndexDownload
|EMH European Metals Holdings||0.4||12.9||50,755||-1,153||BEARISH|
|KDR Kidman Resources||1.17||8.3||6,199,530||-379||BEARISH|
|RMS Ramelius Resources||0.5||7.5||3,500,339||-3||BEARISH|
|BOC Bougainville Copper||0.17||6.3||61,005||-140||BEARISH|
|CNI Centuria Capital||1.39||6.1||207,220||-475||BEARISH|
|RND Rand Mining||4.03||6.1||33,780||-22,324||BEARISH|