% VOLUME OSCILLATOR
Trading: SELL @ $3.46
Signal Strength: MEDIUM
Myob (ASX:MYO) currently has negative PVO -13.62%. The recent volume is losing momentum through a fall on the short term exponential moving average.
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
The Percentage Volume Oscillator (PVO) is a momentum oscillator for volume. PVO measures the difference between two volume-based moving averages as a percentage of the larger moving average. As with MACD and the Percentage Price Oscillator (PPO) it is shown with a signal line a histogram and a centreline.
Calculation: Percentage Volume Oscillator (PVO):
1) Percentage Volume Oscillator (PVO): ((12-day EMA of Volume - 26-day EMA of Volume)/26-day EMA of Volume) x 100;
2) Signal Line: 9-day EMA of PVO; 3) Histogram: PVO - Signal Line;
PROFILE: Myob (MYO.AX)
Stock Exchange: ASX
Ticker Codes: | MYO.AX | ASX:MYO |
MYOB Group Limited develops and publishes software in Australia and New Zealand. It operates through three segments: Clients and Partners, Enterprise Solutions, and Payment Solutions. The Clients and Partners segment offers accounting, payroll, tax, and other business management solutions that assist in the management of small and medium enterprise (SME) businesses; and completion of compliance, including tax and accounting through advisers. It provides its solution for SMEs and advisers, with secure bank transaction data from banks and other financial institutions, as well as accounting professionals in practice. The Enterprise Solutions segment offers business management software, such as enterprise resource planning, payroll and human capital management, and human resource management solutions for medium and large businesses. The Payment Solutions segment provides payment solutions for businesses of various sizes comprising payment gateway services, fraud management, merchant service facilities, and invoice payments. It also offers support, training, and services to SMEs and accounting professionals in practice. The company also provides practice management, job costing, inventory, and others services. It offers its support services through client service channels comprising a network of accountants, bookkeepers, and other consultants. The company was founded in 1991 and is based in Glen Waverley, Australia.
% Volume OscillatorDownload
|BOC Bougainville Copper||0.19||11.8||27,150||-3.42||BEARISH|
|BBN Baby Bunting||2.2||10.8||535,378||-1.19||BEARISH|
|AHY Asaleo Care||0.75||6.4||758,066||-23.66||BEARISH|
|KDR Kidman Resources||1.33||6.4||2,739,230||-9.63||BEARISH|
|CWY Cleanaway Waste Management||1.86||6.3||8,021,245||-2.28||BEARISH|
|GTN GTN Resources||2.12||5.5||214,772||-53.2||BEARISH|
|EDE Eden Energy||0.08||5.1||4,851,303||-24.42||BEARISH|