[BEARISH]: Pact current price has highlighted recent selling pressure. Currently, the Elders Force Index is -41847.
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: Pact (PGH.AX)
Stock Exchange: ASX
Ticker Codes: | PGH.AX | ASX:PGH |
Pact Group Holdings Ltd manufactures and supplies rigid plastics and metal packaging in Australia, New Zealand, China, the Philippines, Singapore, Indonesia, Thailand, and the United States. The company operates in two segments, Pact Australia and Pact International. It primarily converts plastic resin and steel into rigid packaging and other products for customers in the food and beverage, personal care, household consumer, industrial and chemical, materials handling, infrastructure, agricultural, and other sectors. The company's products comprise yoghurt containers, cream and ice-cream containers, milk and beverage bottles, margarine tubs, food jars, meat and bakery trays, cubes, pails, tubes and cartridges, bottle caps and closures, and other customized packaging; steel drums, tinplate pails, and other metal containers; and plastic material handling, industrial, and technical products, as well as sustainability products and services. In addition, it offers materials handling solutions and associated services; contract manufacturing services for pharmaceutical and aerosol based products; recycling services; and crate pooling and hire services. Pact Group Holdings Ltd was founded in 2002 and is headquartered in Richmond, Australia.
Elder's Force IndexDownload
|CLQ Clean Teq Holdings||0.53||9.4||1,474,360||39,737||BULLISH|
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|FIG Freedom Insurance||0.1||8.8||4,056,181||1,120||BULLISH|
|PSQ Pacific Smiles||1.61||8.8||13,331||7,932||BULLISH|
|RVA Reva Medical||0.26||8.3||4,000||792||BULLISH|
|GSC Global Geoscience||0.29||7.4||9,109,772||341||BULLISH|
|SIV Silver Chef||2.01||6.9||205,479||71,859||BULLISH|
|PRU Perseus Mining||0.37||5.8||1,993,812||368||BULLISH|
|EVO Evolve Education||0.48||5.6||5,000||949||BULLISH|
|EQT Equity Trustees||23.56||5.1||5,441||99||BULLISH|