ELDERS FORCE INDEX
Trading: SELL @ $3.68
Signal Strength: MEDIUM
Volatility indicators highlight potential moves of a stock which can either move sharply in the updwards or downwards direction. This indicator allows stocks to be compared on a level playing field to highlight high and low volatility. Normally, falling markets are more likely to be volatile than a rising markets due to the emotion that gets tied to trading. Use volatility indicators in conjunction with other indicators to reduce exposure to false moves.
Stockland (ASX:SGP) current price has highlighted recent selling pressure. Currently, the Elders Force Index is -82766.
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: Stockland (SGP.AX)
Stock Exchange: ASX
Ticker Codes: | SGP.AX | ASX:SGP |
Stockland (ASX: SGP) was founded in 1952 and has grown to become Australia's largest diversified property group ? owning, developing and managing a large portfolio of shopping centres, residential communities, logistic centres, business parks, office assets and retirement living villages. Stockland is rated as one of the most sustainable real estate companies in the world by the Dow Jones Sustainability World Index (DJSI). Stockland is also an Employer of Choice for Gender Equality, as recognised by the Workplace Gender Equality Agency.
Elder's Force IndexDownload
|SVW Seven Holdings||19.02||12.2||2,028,025||-5||BEARISH|
|GCY Gascoyne Resources||0.11||11.1||1,637,598||-109,854||BEARISH|
|SXY Senex Energy||0.38||7.1||10,983,458||-121,189||BEARISH|
|RSG Resolute Mining||1.15||6.5||9,128,506||-141,741||BEARISH|
|PRU Perseus Mining||0.44||6||5,131,036||-11,623||BEARISH|
|CIA Champion Iron||1.59||5.7||299,939||-5,844||BEARISH|
|AYS Amaysim Australia||0.95||5.6||94,182||-1,938||BEARISH|
|FMG Fortescue Metals||6.69||5.4||22,842,445||-885||BEARISH|