[BULLISH]: Ipoh current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the DVI is 708.
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: Ipoh (IPH.AX)
Stock Exchange: ASX
Ticker Codes: | IPH.AX | ASX:IPH |
IPH Limited, together with its subsidiaries, provides intellectual property (IP) services and products. It offers IP services related to the provision of filing, prosecution, enforcement, and management of patents, designs, trademarks, and other IP; and engages in the development and provision of IP data and analytics software under the subscription license model. The company is also involved in data analysis and software business, as well as provides software development and patent attorney services. It serves Fortune Global 500 companies, multinationals, public sector research organizations, SMEs, and professional services firms in Australia, Singapore, Malaysia, Thailand, Indonesia, China, Hong Kong, Germany, and internationally. IPH Limited was founded in 1887 and is based in Sydney, Australia.
Daily Volume IndexDownload
|PME Pro Medicus||11.68||6.7||140,709||12,412||BULLISH|
|CAB Cabcharge Australia||2.4||5.7||194,554||1,522||BULLISH|
|GOR Gold Road Resources||0.66||5.6||1,416,917||6||BULLISH|
|RAP Resapp Health||0.25||4.3||8,259,735||1,084||BULLISH|