The Donchian channel is a useful indicator for seeing the volatility of a market price. If a price is stable the Donchian channel will be relatively narrow. If the price fluctuates a lot the Donchian channel will be wider. The two outer bands are plotted as the highest high and lowest low for a set period originally 20 days with the optional middle band calculated as the average of the two.
Calculation: Donchian Channels:
1) Upper Channel = 20 Day High;
2) Lower Channel = 20 Day Low;
3) Middle Channel = (20 Day High + 20 Day Low)/2;
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.
|BOC Bougainville Copper||0.19||15.2||2,000||19.23||BULLISH|
|FRI Finbar International||0.82||9.3||29,707||16.67||BULLISH|
|VAH Virgin Australia Holdings||0.2||8.3||322,385||50||BULLISH|
|SHJ Shine Corporate||0.73||4.3||5,271||31.69||BULLISH|
|SSM Service Stream||1.7||4.3||359,590||38.04||BULLISH|
|AHY Asaleo Care||0.95||3.8||2,959,854||41.21||BULLISH|