[BEARISH]: Saracen Mineral current price has highlighted recent distribution. Currently, the OBV is -1.94386e+007.
On Balance Volume (OBV) attempts to measure the level of accumulation or distribution by comparing volume to price movements. Volume is added to the indicator if closing price moves up and subtracted if closing price moves down. No adjustment is made if closing price is unchanged.
[Calculation] On Balance Volume:
1) If the closing price is above the prior close price then: Current OBV = Previous OBV + Current Volume;
2) If the closing price is below the prior close price then: Current OBV = Previous OBV - Current Volume;
3) If the closing prices equals the prior close price then: Current OBV = Previous OBV (no change)
On Balance VolumeDownload
|Company||Close||Close Change (%)||Volume||Value||Signal|
|BRG Breville||11.18||1.5||87,393||-135,326||BEARISH CROSSOVER|
|WAF West African Resources||0.35||1.4||497,366||-2,780,636||BEARISH CROSSOVER|
|WLE Wam Leaders||1.21||0.4||616,215||-485,489||BEARISH CROSSOVER|
|CEN Central Australian Phosphate||5.22||0.4||1,415||-17,048||BEARISH CROSSOVER|
|CKF Collins Foods||5.23||0||129,125||-714,607||BEARISH CROSSOVER|