Lynas Corporation (LYC)

Download button icon Download

Lynas Corporation (LYC): Signals

No data currently available.

data-ad-format="auto">

Explore Compare Share

TECHNICAL ANALYSIS SUMMARY

Lynas Corporation (LYC.AX)


Indicator:

DAILY VOLUME INDEX


Last Signal:

BULLISH


Trading: HOLD @ $2.31
Signal Strength: MEDIUM
Recommendation:

Lynas Corporation (ASX:LYC) current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the DVI is 61867.


Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. 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: Lynas Corporation (LYC.AX)


Stock Exchange: ASX
Company: Lynas Corporation
Ticker Codes: | LYC.AX | ASX:LYC |

About Lynas Corporation (ASX:LYC):

Lynas Corporation Limited, together with its subsidiaries, engages in the exploration, development, mining, and processing of rare earth minerals in Australia and Malaysia. The company holds interest in the Mount Weld project in Western Australia. It also owns and operates Lynas advanced materials plant located in Malaysia; and Mt. Weld concentration plant located in Western Australia. The company was incorporated in 1983 and is headquartered in Kuantan, Malaysia.

Top 10:

Daily Volume Index

Download button icon Download
Company Close Change (%) Volume Value Signal
AXP Airxpanders Inc 0.04 13.9 692,845 -9,579 BEARISH
CGC Consolidated Gaming Corporation 6.89 11.9 2,244,444 -297 BEARISH
BFC Beston Global Food 0.17 10 198,167 -431 BEARISH
SAS Sky And Space Global 0.06 6.8 2,727,289 -72,487 BEARISH
LNG Liquefied Natural Gas 0.5 6.5 2,349,316 -21,635 BEARISH
FXL Flexigroup 1.61 6.3 4,047,941 -1,641 BEARISH
MNS Milnes Holdings 0.35 6.1 1,136,949 -8,059 BEARISH
KAR Karoon Gas Australia 1.05 5.6 521,607 -3,235 BEARISH
PGH Pact 3.38 5 1,034,996 -6,055 BEARISH
GWA GWA 2.74 4.6 601,679 -5,405 BEARISH
back to top