[BULLISH]: Berkeley Resources current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the DVI is 443.
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: Berkeley Resources (BKY.AX)
Stock Exchange: ASX
Company: Berkeley Resources
Ticker Codes: | BKY.AX | ASX:BKY |
Berkeley Energia Limited engages in the exploration and development of uranium mine in Spain. It is developing the Salamanca project located in western Spain. The company was formerly known as Berkeley Energy Limited and changed its name to Berkeley Energia Limited in November 2015. Berkeley Energia Limited is based in London, the United Kingdom.
Daily Volume IndexDownload
|PME Pro Medicus||11.68||6.7||140,709||12,412||BULLISH|
|CAB Cabcharge Australia||2.4||5.7||194,554||1,522||BULLISH|
|GOR Gold Road Resources||0.66||5.6||1,416,917||6||BULLISH|
|SIV Silver Chef||1.93||4.3||94,167||1,888||BULLISH|