ELDERS FORCE INDEX
Trading: SELL @ $5.9
Signal Strength: MEDIUM
Volatility indicators highlight potential moves of a stock which can either move sharply in the updwards or downwards direction. This indicator allows stocks to be compared on a level playing field to highlight high and low volatility. Normally, falling markets are more likely to be volatile than a rising markets due to the emotion that gets tied to trading. Use volatility indicators in conjunction with other indicators to reduce exposure to false moves.
Helloworld (ASX:HLO) current price has highlighted recent selling pressure. Currently, the Elders Force Index is -4230.
Elders Force Index (EFI) measures the power behind a price movement using price and volume. The indicator can also be used to identify potential reversals and price corrections. The EFI is an oscillator that fluctuates between positive and negative values above and below a Zero Line.
Calculation: Elders Force Index (EFI):
1) Close – Close yesterday x Volume;
PROFILE: Helloworld (HLO.AX)
Stock Exchange: ASX
Ticker Codes: | HLO.AX | ASX:HLO |
Helloworld Travel Limited operates as a travel distribution company in Australia, New Zealand, and internationally. It sells international and domestic travel products and services, as well as operates a franchised network of travel agents. The company also operates as a franchisor of retail travel agency networks, including Helloworld Travel, Helloworld Travel Associate, Helloworld for Business, the My Travel Group, The Travel Brokers, Qantas Vacations, Islands in the Sun, Travelscene, and SmartFares; operates helloworld.com.au; and owns and operates Air Tickets. In addition, it provides air, cruise, and land products through retail travel agency networks and other third party retailers, as well as inbound travel services; and operates ReadyRooms.com, an online hotel aggregator. Further, the company offers travel management services, such as arranging flights, accommodation, car hire, visa facilitation services, and itinerary planning and management to government, large corporate customers, and small to medium sized enterprises. Additionally, it provides access to a database of various ocean and river cruise products, including itineraries, cruise lines, ocean and river cruise vessels, and ports information; and cruise packaging and services. The company operates under the Qantas Holidays, Viva! Holidays, Sunlover Holidays, Ready Rooms, The Cruise Team, Seven Oceans, Territory Discoveries, AOT Inbound, ATS Pacific, ETA, Insider Journeys, GO Holidays, QBT, APX Travel Management, and Qantas Vacations (USA) brands. The company was formerly known as Helloworld Limited and changed its name to Helloworld Travel Limited in April 2017. Helloworld Travel Limited is headquartered in North Sydney, Australia.
Elder's Force IndexDownload
|BAL Bellamys Australia||9.18||12.5||2,509,847||-1,020||BEARISH CROSSOVER|
|SPL Starpharma Holdings||1.48||3.9||254,603||-232,801||BEARISH CROSSOVER|
|CAR Carsales||13.97||3.3||1,019,990||-18,344||BEARISH CROSSOVER|
|DTL Data#3||1.59||3.2||21,511||-41||BEARISH CROSSOVER|
|AOG Aveo||2.01||2.3||1,526,792||-1,021||BEARISH CROSSOVER|
|RXP Rxp Services||0.48||1.1||445,991||-813||BEARISH CROSSOVER|
|WPL Woodside Petroleum||36.3||1.1||2,278,022||-8,371||BEARISH CROSSOVER|
|ANZ Australia & Banking||25.81||1||3,833,157||-34,841||BEARISH CROSSOVER|
|PLG Propertylink||1.18||0.9||1,944,466||-901||BEARISH CROSSOVER|
|IFM Infomedia||1.25||0.8||505,138||-9||BEARISH CROSSOVER|