[BEARISH]: Fletcher Building currently has negative Volume MACD of -10886. This means the signal line is less than the Volume MACD line signalling a bearish movement.
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;
Moving Average Convergence Divergence VolumeDownload
|Company||Close||Close Change (%)||Volume||Value||Signal|
|RVA Reva Medical||0.28||25||107,500||57,252||BULLISH|
|EGS Eastern Goldfields||0.14||7.7||276,771||44,756||BULLISH|
|LAU Lindsay Australia||0.39||5.4||195,926||64,872||BULLISH|
|BGA Bega Cheese||8.01||4||1,276,913||47,758||BULLISH|
|SPL Starpharma Holdings||1.21||3.9||410,938||5,017||BULLISH|
|SAR Saracen Mineral||2.13||3.9||8,002,715||91,544||BULLISH|