ELDERS FORCE INDEX
Trading: HOLD @ $7.13
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.
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: Nextdc (NXT.AX)
Stock Exchange: ASX
Ticker Codes: | NXT.AX | ASX:NXT |
NEXTDC Limited provides data center outsourcing solutions, connectivity services, and infrastructure management software in Australia. It offers on-demand services to support outsourced data center infrastructure and cloud connectivity for enterprises; data center professional services for the project life cycle, including technical advisory, migration planning, project management, deliveries, building, and operational infrastructure support; and onsite technical assistance services. The company's data centers provide NEXTDC rack packages, a private suite and custom options for individual or multiple racks; and AXONVX, a virtual connectivity platform designed to deliver connectivity-as-a-service. In addition, it offers security systems and protocols, such as multi-layered access systems with biometric fingerprint technology and ID access cards with photo and biometric template technology; cross connect services; and ONEDC, a cloud based data center infrastructure management-as-a-service that delivers real-time data center intelligence to its customers to manage their data center assets. NEXTDC Limited was founded in 2010 and is headquartered in Brisbane, Australia.
Elder's Force IndexDownload
|PRT Prime Television||0.26||4||163,095||25,616||BULLISH CROSSOVER|
|MVP Medical Developments||3.96||2.9||66,086||133||BULLISH CROSSOVER|
|FRI Finbar International||0.84||2.4||43,436||14||BULLISH CROSSOVER|
|KSL Kina Securities||1.05||1.9||91,796||313||BULLISH CROSSOVER|
|IDX Integral Diagnostics||3||1.4||34,851||17,153||BULLISH CROSSOVER|
|VTG Vita||1.39||1.1||296,478||949||BULLISH CROSSOVER|
|BVS Bravura Solutions||4.6||1.1||864,062||11,827||BULLISH CROSSOVER|
|GMA Genworth Mortgage Insurance Australia||2.48||0.8||343,691||238,444||BULLISH CROSSOVER|
|VVR Viva Energy Reit||2.42||0.8||1,538,404||39||BULLISH CROSSOVER|
|SNZ Summerset Holdings||6.1||0.7||2,921||3,062||BULLISH CROSSOVER|