Reef Casino (RCT.AX)
Trading: SELL @ $3.22
Signal Strength: MEDIUM
Reef Casino (ASX:RCT) currently has negative Volume MACD of -141. This means the signal line is less than the Volume MACD line signalling a bearish movement.
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 Moving Average Convergence/Divergence (VMACD) is an indicator that shows the relationship between two moving averages. It is calculated as a difference between the fast and slow moving averages. The historically popular is the difference between a securities 26-day and 12-day Exponential Moving Averages (EMA).
Calculation: Moving Average Convergence Divergence Volume (VMACD):
1) VMACD Line: (12-day EMA - 26-day EMA);
2) Signal Line: 9-day EMA of VMACD Line;
3) VMACD Histogram: VMACD Line - Signal Line;
PROFILE: Reef Casino (RCT.AX)
Stock Exchange: ASX
Company: Reef Casino
Ticker Codes: | RCT.AX | ASX:RCT |
Reef Casino Trust owns and leases The Reef Hotel Casino complex located in Cairns, Australia. The company was founded in 1993 and is based in Cairns, Australia. Reef Casino Trust is a subsidiary of Reef Casino Investments Pty Ltd.
|KDR Kidman Resources||1.33||6.4||2,739,230||-439,394||BEARISH|
|AKP Audio Pixels Holdings||17.3||4||5,190||-2,497||BEARISH|
|OSP Osprey Medical||0.14||3.7||64,313||-38,024||BEARISH|
|IRI Integrated Research||2.45||3.4||239,672||-10,937||BEARISH|
|MVF Monash IVF||0.95||3.3||184,035||-50,908||BEARISH|
|TBR Tribune Resources||4.78||3.2||1,597||-2,057||BEARISH|