Volume Moving Average Convergence/Divergence (VMACD) is an indicator that shows the relationship between two moving averages. It is calculated as a difference between the fast and slow moving averages. The historically popular is the difference between a securities 26-day and 12-day Exponential Moving Averages (EMA).
Calculation: Moving Average Convergence Divergence Volume (VMACD):
1) VMACD Line: (12-day EMA - 26-day EMA);
2) Signal Line: 9-day EMA of VMACD Line;
3) VMACD Histogram: VMACD Line - Signal Line;
PROFILE: Ellex Medical Lasers (ELX.AX)
Stock Exchange: ASXAbout Ellex Medical Lasers (ASX:ELX):
Company: Ellex Medical Lasers
Ticker Codes: | ELX.AX | ASX:ELX |
Ellex Medical Lasers Limited designs, manufactures, distributes, and sells lasers and ultrasound systems for ophthalmologists to diagnose and treat eye diseases. It offers Tango Reflex selective laser trabeculoplasty (SLT)/YAG multi-modality laser for the treatment of SLT for glaucoma, laser vitreolysis for floaters, and capsulotomy and iridotomy procedures, as well as anterior and poster YAG laser procedures; and Tango SLT/YAG combination laser for the treatment of SLT and YAG, as well as capsulotomy procedures. The company also provides iTRACK, a microcatheter for use in the minimally invasive glaucoma surgeries; Ultra Q Reflex, a YAG laser for the treatment of vitreous strands and opacities; and Ultra Q for the treatment of capsulotomy and iridotomy procedures.. In addition, it offers Integre Pro Scan, a multi-color pattern scanning photocoagulator; Integre Pro, a multi-color laser for use in the treatment of retinal disease; and Solitaire, a portable green laser for the treatment of retinal disease. Further, the company provides Eye One, a portable ultrasound platform for examination and measurement applications; and Eye Cubed, a diagnostic ultrasound system for posterior and anterior segments. Additionally, it offers a 2RT, a retinal rejuvenation therapy for the treatment of age-related macular degeneration. The company also distributes medical devices. It operates in Australia, the United States, Europe, the Middle East, Japan, Asia, South America, and internationally. Ellex Medical Lasers Limited is headquartered in Mawson Lakes, Australia.