[BEARISH]: Pact currently has negative PVO -2.34%. The recent volume is losing momentum through a fall on the short term exponential moving average. Currently, the return on PVO is -0.7%.
The Percentage Volume Oscillator (PVO) is a momentum oscillator for volume. PVO measures the difference between two volume-based moving averages as a percentage of the larger moving average. As with MACD and the Percentage Price Oscillator (PPO) it is shown with a signal line a histogram and a centreline.
[Calculation] Percentage Volume Oscillator (PVO):
1) Percentage Volume Oscillator (PVO): ((12-day EMA of Volume - 26-day EMA of Volume)/26-day EMA of Volume) x 100;
2) Signal Line: 9-day EMA of PVO; 3) Histogram: PVO - Signal Line;
Percentage Volume OscillatorDownload
|Company||Close||Close Change (%)||Volume||Value||Signal|
|RVA Reva Medical||0.28||25||107,500||-6.35||BEARISH|
|AJX Alexium International||0.15||11.5||1,474,677||-37.23||BEARISH|
|ELX Ellex Medical Lasers||0.8||8.1||120,473||-23.95||BEARISH|
|EGS Eastern Goldfields||0.14||7.7||276,771||-9.99||BEARISH|
|TNE Technology One||5.04||6.3||4,677,418||-27.76||BEARISH|
|SPL Starpharma Holdings||1.21||3.9||410,938||-67.24||BEARISH|