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: Ale Property (LEP.AX)
Stock Exchange: ASX
Company: Ale Property
Ticker Codes: | LEP.AX | ASX:LEP |
ALE Property Group (ASX:LEP) is the owner of Australia's largest portfolio of freehold pub properties. Established in November 2003, ALE owns a portfolio of around 86 pub properties across the five mainland states of Australia. All of the properties are leased to Australian Leisure and Hospitality Group Limited (ALH) for an average initial term of around a further 13 years.
Elder's Force IndexDownload
|SLR Silver Lake Resources||0.57||9.6||4,014,673||-15||BEARISH|
|KDR Kidman Resources||1.17||8.3||6,199,530||-166||BEARISH|
|RMS Ramelius Resources||0.5||7.5||3,500,339||-17,402||BEARISH|
|BOC Bougainville Copper||0.17||6.3||61,005||-185,425||BEARISH|
|RND Rand Mining||4.03||6.1||33,780||-36,844||BEARISH|