Trading: SELL @ $5.84
Signal Strength: MEDIUM
Nufarm (ASX:NUF) currently has negative Volume MACD of -120244. This means the signal line is less than the Volume MACD line signalling a bearish movement.
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 Moving Average Convergence/Divergence (VMACD) is an indicator that shows the relationship between two moving averages. It is calculated as a difference between the fast and slow moving averages. The historically popular is the difference between a securities 26-day and 12-day Exponential Moving Averages (EMA).
Calculation: Moving Average Convergence Divergence Volume (VMACD):
1) VMACD Line: (12-day EMA - 26-day EMA);
2) Signal Line: 9-day EMA of VMACD Line;
3) VMACD Histogram: VMACD Line - Signal Line;
PROFILE: Nufarm (NUF.AX)
Stock Exchange: ASX
Ticker Codes: | NUF.AX | ASX:NUF |
Nufarm Limited, together with its subsidiaries, manufactures and sells crop protection products in Australia, New Zealand, Asia, Europe, North America, Latin America, and internationally. It operates through two segments, Crop Protection and Seed Technologies. The company offers herbicides, insecticides, fungicides, and plant growth regulators to protect crops from damage caused by weeds, pests, and diseases. It also provides seeds and seed treatment products; and engages in croplands equipment business. The company is headquartered in Laverton North, Australia.
|EMH European Metals Holdings||0.38||18.8||120,674||2,049||BULLISH|
|EDE Eden Energy||0.11||18.3||18,226,541||4,639,509||BULLISH|
|SMX Sms Management & Technology||0.26||8.3||240,688||318||BULLISH|
|CCP Credit Corp||19.99||6||515,529||5,046||BULLISH|
|CCV Cash Converters International||0.28||5.8||647,158||3,950||BULLISH|
|SMN Structural Monitoring Systems||1.1||5.8||33,656||396||BULLISH|
|MLX Metals X||0.49||5.4||1,505,780||97,626||BULLISH|
|GNG GR Engineering Services||1.31||4.8||25,920||2,266||BULLISH|
|FMG Fortescue Metals||3.97||4.5||17,327,462||1,855,995||BULLISH|
|SWM Seven West Media||0.89||4.1||3,491,485||58,376||BULLISH|