Energy World Corporation (EWC.AX)
ELDERS FORCE INDEX
Trading: SELL @ $0.11
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.
Energy World Corporation (ASX:EWC) current price has highlighted recent selling pressure. Currently, the Elders Force Index is -1204.
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: Energy World Corporation (EWC.AX)
Stock Exchange: ASX
Company: Energy World Corporation
Ticker Codes: | EWC.AX | 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.
Elder's Force IndexDownload
|CTD Corporate Travel Management||28.81||14.7||1,727,133||2,900||BULLISH|
|EMH European Metals Holdings||0.4||14.3||44,010||362||BULLISH|
|AXP Airxpanders Inc||0.04||12.1||4,203,665||763||BULLISH|
|BFC Beston Global Food||0.16||6.9||222,535||76,637||BULLISH|
|OGC Oceanagold Corporation||4.73||6.3||557,211||173||BULLISH|
|SLR Silver Lake Resources||0.68||6.3||5,503,241||3,773||BULLISH|