VOLUME RATE OF CHANGE
Trading: SELL @ $0.515
Signal Strength: MEDIUM
Nzme (ASX:NZM) currently has negative rate of change of -86%. This means the current volume is less than the price 14 days ago and therefore losing momentum.
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 Rate of Change Volume (VROC) is an oscillator applied to volume rather than price and is calculated in the same manner as the Rate of Change (Price) indicator. VROC highlights increases in volume which normally occur at most significant market tops bottoms and breakouts.
Calculation: Volume Rate of Change (VROC):
1) ( Volume [today] - Volume [n days ago] ) / Volume [n days ago];
PROFILE: Nzme (NZM.AX)
Stock Exchange: ASX
Ticker Codes: | NZM.AX | ASX:NZM |
NZME Limited, together with its subsidiaries, operates as an integrated media and entertainment company in New Zealand. It is involved in the integrated print, radio, digital media, entertainment, advertising, and events activities, as well as e-commerce business. NZME Limited was formerly known as Wilson & Horton Limited. The company is based in Auckland, New Zealand. NZME Limited is a subsidiary of Australian Provincial Newspapers International Pty Limited.
Volume Rate of ChangeDownload
|TNG Tennant Creek Gold||0.13||13.6||1,108,745||-26||BEARISH CROSSOVER|
|EZL Euroz||1.25||5||14,759||-72||BEARISH CROSSOVER|
|EVO Evolve Education||0.22||4.9||50,300||-3||BEARISH CROSSOVER|
|MGX Mount Gibson Iron||1.16||4.5||4,798,264||-17||BEARISH CROSSOVER|
|BRN Brainchip Holdings||0.05||4.4||592,113||-21||BEARISH CROSSOVER|
|TPE Tpi Enterprises||1.35||4.3||6,830||-80||BEARISH CROSSOVER|
|HFR Highfield Resources||0.78||4||75,707||-93||BEARISH CROSSOVER|
|SDA Speedcast International||4.14||3.2||1,195,020||-3||BEARISH CROSSOVER|
|BTI Bailador Technology Investments||0.88||2.9||108,805||-19||BEARISH CROSSOVER|
|PMV Premier Investments||17.14||2.8||361,920||-19||BEARISH CROSSOVER|