VOLUME RATE OF CHANGE
Trading: SELL @ $0.69
Signal Strength: MEDIUM
Iselect (ASX:ISU) currently has negative rate of change of -26%. This means the current volume is less than the price 14 days ago and therefore losing momentum.
Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has the ability to detect the speed of movement & give an early signal for a potential movement. By understanding the rate at which the price is moving in respect to the stocks historical trades, enables positions to be set in place based on changes in the speed of movement
Volume Rate of Change Volume (VROC) is an oscillator applied to volume rather than price and is calculated in the same manner as the Rate of Change (Price) indicator. VROC highlights increases in volume which normally occur at most significant market tops bottoms and breakouts.
Calculation: Volume Rate of Change (VROC):
1) ( Volume [today] - Volume [n days ago] ) / Volume [n days ago];
PROFILE: Iselect (ISU.AX)
Stock Exchange: ASX
Ticker Codes: | ISU.AX | ASX:ISU |
iSelect Limited provides online comparison and expert advisory services of insurance, utilities, and personal finance products in Australia. The company operates through three segments: Health, Life and General Insurance, and Energy and Telecommunications. It compares and sells private health insurance, life, car, pet, travel, and home and contents insurance; and broadband, mobile phones and plans, energy, home loans, and personal finance products. The company offers its services under the iSelect, InfoChoice, and Energy Watch brands. iSelect Limited was founded in 2000 and is headquartered in Cheltenham, Australia.
Volume Rate of ChangeDownload
|SMX Sms Management & Technology||0.26||8.3||240,688||-65||BEARISH CROSSOVER|
|MXI Maxitra Industries||0.54||5.9||29,549||-11||BEARISH CROSSOVER|
|SMN Structural Monitoring Systems||1.1||5.8||33,656||-44||BEARISH CROSSOVER|
|MGX Mount Gibson Iron||0.48||5.6||1,145,128||-76||BEARISH CROSSOVER|
|MLX Metals X||0.49||5.4||1,505,780||-54||BEARISH CROSSOVER|
|CGL The Citadel||8.8||4.8||86,922||-72||BEARISH CROSSOVER|
|HFR Highfield Resources||0.57||4.6||39,786||-72||BEARISH CROSSOVER|
|CGF Challenger Financial Services||11.51||4||2,590,109||-16||BEARISH CROSSOVER|
|TLS Telstra Corporation||3.16||3.3||35,173,994||-60||BEARISH CROSSOVER|
|SGM Sims||12.43||2.7||879,168||-67||BEARISH CROSSOVER|