[BEARISH]: General Property Trust current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the DVI is -1487.
The daily volume index (DVI) is the amount of individual securities traded in a day on average over a specified period of time. Trading activity relates to the liquidity of a security. When average daily trading volume is high the stock can be easily traded and has high liquidity if trading volume is not very high and the security will tend to be less expensive because people are not as willing to buy it. As a result average daily trading volume can have an effect on the price of the security.
Calculation: Daily Volume Index (DVI):
1) [Close]-[Average price] / [Average price] x [Volume];
PROFILE: General Property Trust (GPT.AX)
Stock Exchange: ASX
Company: General Property Trust
Ticker Codes: | GPT.AX | ASX:GPT |
The GPT Group is one of Australia's largest diversified property groups and a top 50 ASX listed company by market capitalisation. GPT owns and manages a $20 billion portfolio of offices, logistics, business parks and prime shopping centres across Australia. The Group has a substantial investor base with more than 35,000 shareholders.
Daily Volume IndexDownload
|SCO Scottish Pacific||4.31||15.2||5,011,188||-834||BEARISH|
|AHY Asaleo Care||0.78||11.5||1,600,037||-15,166||BEARISH|
|GTN GTN Resources||2.08||6.7||48,606||-1,596||BEARISH|
|BLX Beacon Lighting||1.5||6.4||34,636||-2,234||BEARISH|
|FIG Freedom Insurance||0.09||5.7||3,193,598||-103,523||BEARISH|
|AQZ Alliance Aviation Services||2.45||4.7||59,614||-749||BEARISH|
|PRT Prime Television||0.24||4.3||273,985||-6,585||BEARISH|