ELDERS FORCE INDEX
Trading: BUY @ $6
Signal Strength: MEDIUM
Volatility indicators highlight potential moves of a stock which can either move sharply in the updwards or downwards direction. This indicator allows stocks to be compared on a level playing field to highlight high and low volatility. Normally, falling markets are more likely to be volatile than a rising markets due to the emotion that gets tied to trading. Use volatility indicators in conjunction with other indicators to reduce exposure to false moves.
Nufarm (ASX:NUF) current price has highlighted recent buying pressure. Currently, the Elders Force Index is 12465.
Elders Force Index (EFI) measures the power behind a price movement using price and volume. The indicator can also be used to identify potential reversals and price corrections. The EFI is an oscillator that fluctuates between positive and negative values above and below a Zero Line.
Calculation: Elders Force Index (EFI):
1) Close – Close yesterday x Volume;
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.
Elder's Force IndexDownload
|QVE QV Equities||1.08||2.9||150,425||1,910||BULLISH CROSSOVER|
|FXL Flexigroup||1.52||2.7||161,395||12,867||BULLISH CROSSOVER|
|FLT Flight Centre||46.92||2.4||290,000||21,597||BULLISH CROSSOVER|
|FOR Forager Australian Shares||1.45||2.1||25,000||147||BULLISH CROSSOVER|
|PME Pro Medicus||10.57||2.1||30,127||443||BULLISH CROSSOVER|
|ALU Altium||21.89||1.8||336,645||1,152,114||BULLISH CROSSOVER|
|AIZ Air New Zealand||2.88||1.4||186,534||464||BULLISH CROSSOVER|
|CHC Charter Hall||7.35||1.4||2,183,250||189||BULLISH CROSSOVER|
|MYO Myob||3.49||1.2||1,475,342||899||BULLISH CROSSOVER|
|SRV Servcorp||2.83||1.1||44,073||55||BULLISH CROSSOVER|