Energy World Corporation (EWC)

Download button icon Download

Energy World Corporation (EWC): Signals

No data currently available.

data-ad-format="auto">

Explore Compare Share

TECHNICAL ANALYSIS SUMMARY

Energy World Corporation (EWC.AX)


Indicator:

ACCUMULATION DISTRIBUTION


Last Signal:

BULLISH CROSSOVER


Trading: BUY @ $0.165
Signal Strength: STRONG
Recommendation:

Energy World Corporation (ASX:EWC) current price has highlighted the commencement of accumulation and the start of bullish trading conditions. Currently, the ADLINE is 18948.5. During the quarter, the highest ADLINE value was 735774.


A bullish crossover has been confirmed due the last trading session with is a strong indication of a diretional change. This indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. Indicator can be applied to the short/medium term timeframe, but the best results are obtained with larger cyclical swings in-line with the trend direction. This accumulation / distribution oscillator can provide guidance on the money flow direction from the companies recent trading.



Accumulation/distribution (ADLINE) is a momentum indicator that attempts to gauge supply and demand by determining whether investors are generally accumulating or buying or distributing or selling a certain stock by identifying divergences between stock price and volume flow. The accumulation/distribution is calculated by first calculating the money flow multiplier then multiplying the money flow multiplier by the period’s volume.

Calculation: Accumulation Distribution Line:
1) Money Flow Multiplier = [(close - low) - (high - close)] / (high - low);
2) Money Flow Volume = Money Flow Multiplier x volume for the period;
3) Accumulation/Distribution= previous Accumulation/Distribution + current periods Money Flow Volume.


PROFILE: Energy World Corporation (EWC.AX)


Stock Exchange: ASX
Company: Energy World Corporation
Ticker Codes: | EWC.AX | ASX:EWC |

About Energy World Corporation (ASX:EWC):

Energy World Corporation Ltd, an independent energy company, produces and sells power and natural gas primarily in the Asia Pacific region. It designs, develops, constructs, operates, and maintains power stations, liquefied natural gas (LNG) plants, gas processing plants, and gas pipelines; explores, develops, and produces gas and oil; and designs and develops LNG receiving terminals. The company also engages in the road transportation of LNG. It owns and operates a 315 MW combined cycle power plant in Sengkang, South Sulawesi, Indonesia; and an 8.68 MW power plant in Alice Springs, Northern Territory, Australia. The company also has gas interests in the Sengkang contract area in south Sulawesi, Indonesia; and in Gilmore and Eromanga gas fields in Queensland, Australia. Energy World Corporation Ltd has strategic alliances with Slipform Engineering International (H.K.) Ltd; Chart; Siemens; Energy World International Ltd.; and Strike Energy Limited. The company was formerly known as Conversion Technology and changed its name to Energy World Corporation Ltd in 2001. Energy World Corporation Ltd was incorporated in 1985 and is headquartered in Seaforth, Australia.

Top 10:

Accumulation Distribution

Download button icon Download
Company Close Change (%) Volume Value Signal
RMS Ramelius Resources 0.41 3.8 1,165,562 60,358.3 BULLISH CROSSOVER
AOG Aveo 1.89 0.8 1,803,941 3,480.7 BULLISH CROSSOVER
GOR Gold Road Resources 0.7 0.7 594,171 86,604.7 BULLISH CROSSOVER
INA Ingenia Communities 3.02 0.3 527,938 13,615.5 BULLISH CROSSOVER
ASG Autosports 1.35 0 105,799 4,033 BULLISH CROSSOVER
DNA Donaco International 0.19 0 333,165 13,196.4 BULLISH CROSSOVER
SCO Scottish Pacific 4.37 0 322,446 3,897.3 BULLISH CROSSOVER
AFI Australian Foundation 6.13 0 225,651 6,413.5 BULLISH CROSSOVER
RCT Reef Casino 3.15 0 0 930.1 BULLISH CROSSOVER
PLG Propertylink 1.19 0 1,468,667 423,128.2 BULLISH CROSSOVER
back to top