[BULLISH]: Ale Property current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the DVI is 54.
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];
Daily Volume IndexDownload
|Company||Close||Close Change (%)||Volume||Value||Signal|
|SPL Starpharma Holdings||1.21||3.9||410,938||-2||BEARISH CROSSOVER|
|BLX Beacon Lighting||1.45||2.1||139||-14||BEARISH CROSSOVER|
|CVC CVC||2.75||1.9||16,500||-22||BEARISH CROSSOVER|
|MEZ Meridian Energy||2.89||1.4||2,000||-7||BEARISH CROSSOVER|
|APA Australian Pipeline Trust||9.68||1||3,778,401||-3,459||BEARISH CROSSOVER|
|MCP Mcphersons||1.67||0.9||26,005||-2||BEARISH CROSSOVER|
|BOQ Bank Of Queensland||10.75||0.6||1,552,522||-1,483||BEARISH CROSSOVER|
|DOW Downer EDI||7.02||0.1||1,326,026||-1||BEARISH CROSSOVER|
|PNR Pacific Niugini Minerals||0.31||0||149,284||-334||BEARISH CROSSOVER|
|RND Rand Mining||2.7||0||0||-894||BEARISH CROSSOVER|