General Property Trust
[BULLISH]: General Property Trust current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the ADLINE is 3.85973e+006. day. During the quarter, the highest ADLINE value was 5.09445e+006.
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|
|MGC Mg Unit Trust||0.33||4.8||615,817||4,426,576||BULLISH|
|PLS Pilbara Minerals||1.03||4.6||4,571,651||14,973,588||BULLISH|
|AQZ Alliance Aviation Services||1.93||4.3||8,615||334,726||BULLISH|
|TWE Treasury Wine Estates||18.62||3.6||1,613,130||7,052,039||BULLISH|
|PNI Pinnacle Investment Management||5.69||2.9||161,532||261,324||BULLISH|
|REH Reece Australia||12.45||2.9||104,900||790,797||BULLISH|
|MEZ Meridian Energy||2.91||2.8||16,910||94,727||BULLISH|
|RHC Ramsay Health Care||56.94||2.7||504,796||3,352,500||BULLISH|
|API Australian Pharmaceutical||1.65||2.5||2,988,817||7,982,650||BULLISH|