Trading: SELL @ $1.11
Signal Strength: MEDIUM
FSA (ASX:FSA) current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the ADLINE is -56544.6. day. During the quarter, the lowest ADLINE value was -75178.4.
Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading exit. 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: FSA (FSA.AX)
Stock Exchange: ASX
Ticker Codes: | FSA.AX | ASX:FSA |
FSA Group Limited, together with its subsidiaries, engages in the provision of debt solutions and direct lending services to individuals in Australia. The company's Services segment offers debt agreement, personal insolvency agreement, bankruptcy, and easy bill debt management services. Its Consumer Lending segment is involved in the home loan lending and broking, and personal loan lending activities. The company also provides accounting and taxation services. FSA Group Limited is based in Sydney, Australia.
|BRN Brainchip Holdings||0.13||8.3||441,758||-226,244.1||BEARISH|
|ONE Oneview Healthcare||0.95||3.3||30,211||-3,613.5||BEARISH|
|PSI Pacific Strategic Investments||2.67||2.7||21,246||-23,146.7||BEARISH|
|YAL Yancoal Australia||2.83||2.5||18,792||-77,932.9||BEARISH|
|KSC K&S Corporation||1.49||2.4||20,224||-2,849.7||BEARISH|
|CTD Corporate Travel Management||22.23||1.8||695,119||-247,779.2||BEARISH|
|CMA Centuria Metropolitan||2.42||1.7||859,712||-13,074||BEARISH|
|APE Ap Eagers Holdings||7.29||1.5||39,877||-6,942.5||BEARISH|