Central Australian Phosphate (CEN.AX)
ELDERS FORCE INDEX
Trading: SELL @ $6.25
Signal Strength: MEDIUM
Volatility indicators highlight potential moves of a stock which can either move sharply in the updwards or downwards direction. This indicator allows stocks to be compared on a level playing field to highlight high and low volatility. Normally, falling markets are more likely to be volatile than a rising markets due to the emotion that gets tied to trading. Use volatility indicators in conjunction with other indicators to reduce exposure to false moves.
Central Australian Phosphate (ASX:CEN) current price has highlighted recent selling pressure. Currently, the Elders Force Index is -699.
Elders Force Index (EFI) measures the power behind a price movement using price and volume. The indicator can also be used to identify potential reversals and price corrections. The EFI is an oscillator that fluctuates between positive and negative values above and below a Zero Line.
Calculation: Elders Force Index (EFI):
1) Close – Close yesterday x Volume;
PROFILE: Central Australian Phosphate (CEN.AX)
Stock Exchange: ASX
Company: Central Australian Phosphate
Ticker Codes: | CEN.AX | ASX:CEN |
Contact Energy Limited generates and retails electricity, natural gas, and LPG in New Zealand. It generates electricity through hydro, geothermal, and thermal sources. The company serves approximately 567,000 customers, such as residential, small business, commercial, and industrial. Contact Energy Limited was founded in 1995 and is headquartered in Wellington, New Zealand.
Elder's Force IndexDownload
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