[BULLISH]: Future Generation Global current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the ADLINE is 58739. day. During the quarter, the highest ADLINE value was 289855.
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.
Accumulation Distribution LineDownload
|Company||Close||Close Change (%)||Volume||Value||Signal|
|ARA Ariadne Australia||0.71||7.6||441,553||1,244,257||BULLISH|
|MGC Mg Unit Trust||0.33||4.8||615,817||112,509,791||BULLISH|
|GDF Garda Diversified Property Fund||1.3||4||137,261||4,868,412||BULLISH|
|AQG Alacer Gold Corp||2.7||3.8||432,156||638,824||BULLISH|
|INM Iron Mountain||47.86||3||95,565||16,715,669||BULLISH|
|REH Reece Australia||12.45||2.9||104,900||5,068,444||BULLISH|