[BEARISH CROSSOVER]: Danakali current price has highlighted the commencement of distribution and the start of bearish trading conditions. Currently, the DVI is -66.
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];
Daily Volume IndexDownload
|Company||Close||Close Change (%)||Volume||Value||Signal|
|AGI Ainsworth Game Technology||1.1||6.3||2,039,825||-457||BEARISH CROSSOVER|
|CAJ Capitol Health||0.32||3.2||732,181||-383||BEARISH CROSSOVER|
|BFC Beston Global Food||0.19||2.8||300,743||-254||BEARISH CROSSOVER|
|PEA Pacific Energy||0.56||1.8||614,030||-520||BEARISH CROSSOVER|
|MYX Myx||0.88||1.1||1,726,672||-375||BEARISH CROSSOVER|
|ORE Orocobre||5.29||1||556,305||-104||BEARISH CROSSOVER|
|NAB National Australia Bank||28.12||0.6||3,519,390||-709||BEARISH CROSSOVER|
|CBA Commonwealth Bank||75.39||0.5||2,279,376||-645||BEARISH CROSSOVER|
|AVN Avon Resources||2.23||0.5||183,945||-13||BEARISH CROSSOVER|
|QBE QBE Insurance||9.85||0.1||3,179,058||-5||BEARISH CROSSOVER|