Mcconnell Dowell Corporation (MDC.AX)
Indicator:
VOLUME RATE OF CHANGE
Last Signal:
BULLISH CROSSOVER
Trading: BUY @ $0.39
Signal Strength: MEDIUM
Recommendation:
Mcconnell Dowell Corporation (ASX:MDC) currently has positive volume of change of 58%. This means the current volume is greater than the price 14 days ago and therefore gaining 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];
Volume Rate of Change

Company | Close | Change (%) | Volume | Value | Signal |
---|---|---|---|---|---|
EMH European Metals Holdings | 0.4 | 14.3 | 44,010 | 165 | BULLISH CROSSOVER |
AXP Airxpanders Inc | 0.04 | 12.1 | 4,203,665 | 609 | BULLISH CROSSOVER |
RSG Resolute Mining | 1.15 | 6.5 | 9,128,506 | 24 | BULLISH CROSSOVER |
SLR Silver Lake Resources | 0.68 | 6.3 | 5,503,241 | 158 | BULLISH CROSSOVER |
PRU Perseus Mining | 0.44 | 6 | 5,131,036 | 1 | BULLISH CROSSOVER |
CIA Champion Iron | 1.59 | 5.7 | 299,939 | 5 | BULLISH CROSSOVER |
SGM Sims | 11.66 | 4.7 | 1,667,336 | 66 | BULLISH CROSSOVER |
DDR Dicker Data | 3.2 | 4.2 | 342,810 | 357 | BULLISH CROSSOVER |
WAF West African Resources | 0.27 | 3.9 | 2,108,072 | 1,900 | BULLISH CROSSOVER |
CEN Central Australian Phosphate | 6.18 | 3.7 | 2,959 | 1,060 | BULLISH CROSSOVER |