[BULLISH]: Seven Holdings current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the DVI is 5514.
The daily volume index (DVI) is the amount of individual securities traded in a day on average over a specified period of time. Trading activity relates to the liquidity of a security. When average daily trading volume is high the stock can be easily traded and has high liquidity if trading volume is not very high and the security will tend to be less expensive because people are not as willing to buy it. As a result average daily trading volume can have an effect on the price of the security.
Calculation: Daily Volume Index (DVI):
1) [Close]-[Average price] / [Average price] x [Volume];
PROFILE: Seven Holdings (SVW.AX)
Stock Exchange: ASX
Company: Seven Holdings
Ticker Codes: | SVW.AX | ASX:SVW |
Seven Group Holdings Limited engages in heavy equipment sales and service, equipment hire, media, broadcasting, and energy assets businesses in Australia and the United States. It operates through WesTrac Australia, AllightSykes, Coates Hire, Media Investments, Energy, and Other Investments segments. The company operates as a caterpillar dealer providing heavy equipment sales and support services in Western Australia, New South Wales, and the Australian Capital Territory. It also manufactures, assembles, sells, and supports lighting, power generation, and dewatering equipment to mining, construction, and industrial customers; distributes Perkins engines; and provides equipment hiring services, including a range of general and specialist equipment for various markets, such as engineering, building construction and maintenance, mining and resources, manufacturing, government, and events. In addition, the company invests in television, content production, digital, and magazine and newspaper publishing businesses; and direct and indirect property holdings, as well as in oil and gas assets in energy sector. Seven Group Holdings Limited is headquartered in Pyrmont, Australia.
Daily Volume IndexDownload
|SLR Silver Lake Resources||0.57||9.6||4,014,673||10,352||BULLISH|
|KDR Kidman Resources||1.17||8.3||6,199,530||29,213||BULLISH|
|BOC Bougainville Copper||0.17||6.3||61,005||150||BULLISH|
|CNI Centuria Capital||1.39||6.1||207,220||180||BULLISH|
|RND Rand Mining||4.03||6.1||33,780||139||BULLISH|
|CAB Cabcharge Australia||2.4||5.7||194,554||1,877||BULLISH|
|SAR Saracen Mineral||1.98||5.3||12,454,538||21,858||BULLISH|