Integral Diagnostics (IDX.AX)
DAILY VOLUME INDEX
Trading: SELL @ $2.56
Signal Strength: MEDIUM
Integral Diagnostics (ASX:IDX) current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the DVI is -107.
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.
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: Integral Diagnostics (IDX.AX)
Stock Exchange: ASX
Company: Integral Diagnostics
Ticker Codes: | IDX.AX | ASX:IDX |
Integral Diagnostics Limited, a healthcare services company, provides diagnostic imaging services to general practitioners, medical specialists, and allied health professionals and their patients in Australia. The company provides its services through a network of 45 sites, including 12 hospital sites under the Lake Imaging, South Coast Radiology, and Global Diagnostics brands in Victoria, Queensland, and Western Australia. Integral Diagnostics Limited is headquartered in North Melbourne, Australia.
Daily Volume IndexDownload
|TNG Tennant Creek Gold||0.1||6.7||879,488||-7,366||BEARISH|
|SWM Seven West Media||0.52||5.1||2,907,492||-9,654||BEARISH|
|SMX Sms Management & Technology||0.56||4.7||622,801||-76||BEARISH|
|OSP Osprey Medical||0.12||4.5||89,514||-7,712||BEARISH|
|ZIM Zimbabwe Platinum Mines||7.35||3.8||3,289||-6||BEARISH|
|AHY Asaleo Care||0.97||3.2||629,881||-450||BEARISH|