ELDERS FORCE INDEX
Trading: BUY @ $5.26
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.
Navitas (ASX:NVT) current price has highlighted recent buying pressure. Currently, the Elders Force Index is 13707.
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: Navitas (NVT.AX)
Stock Exchange: ASX
Ticker Codes: | NVT.AX | ASX:NVT |
Navitas Limited provides educational services for students and professionals in Australia, the United Kingdom, Europe, Asia, Canada, the United States, and internationally. It operates through University Partnerships and Careers & Industry segments. The University Partnerships segment offers pre-university and university pathway programs that focus on providing pre and first-year university courses to international students who do not qualify for direct entry to partner universities due to either language or academic record. The Careers & Industry segment delivers education programs in the area of creative media, including audio, film, and multimedia courses; and English language tuition and jobs skills training services, as well as higher and vocational education services in health, security, and psychology. The company was founded in 1994 and is headquartered in Perth, Australia.
Elder's Force IndexDownload
|BOC Bougainville Copper||0.19||15.2||2,000||-351||BEARISH|
|MPP Metro Performance Glass||0.5||11.1||6,500||-30,637||BEARISH|
|TNG Tennant Creek Gold||0.1||10||1,609,390||-18,410||BEARISH|
|AJX Alexium International||0.12||4.5||408,959||-1,306||BEARISH|
|SHJ Shine Corporate||0.73||4.3||5,271||-72,583||BEARISH|
|EQT Equity Trustees||24||4.3||34,589||-2,288||BEARISH|
|GCY Gascoyne Resources||0.12||4.3||2,720,069||-1,077||BEARISH|
|SDA Speedcast International||3.59||4.1||887,019||-4,254||BEARISH|