Talga Gold (TLG.AX)
% VOLUME OSCILLATOR
Trading: SELL @ $0.375
Signal Strength: MEDIUM
Talga Gold (ASX:TLG) currently has negative PVO -22.06%. The recent volume is losing momentum through a fall on the short term exponential moving average.
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
The Percentage Volume Oscillator (PVO) is a momentum oscillator for volume. PVO measures the difference between two volume-based moving averages as a percentage of the larger moving average. As with MACD and the Percentage Price Oscillator (PPO) it is shown with a signal line a histogram and a centreline.
Calculation: Percentage Volume Oscillator (PVO):
1) Percentage Volume Oscillator (PVO): ((12-day EMA of Volume - 26-day EMA of Volume)/26-day EMA of Volume) x 100;
2) Signal Line: 9-day EMA of PVO; 3) Histogram: PVO - Signal Line;
PROFILE: Talga Gold (TLG.AX)
Stock Exchange: ASX
Company: Talga Gold
Ticker Codes: | TLG.AX | ASX:TLG |
Talga Resources Limited, together with its subsidiaries, engages in the exploration and development of graphite properties. It also explores for iron ore, cobalt, copper, and gold deposits. The company holds 100% interest in five graphite projects located in Norrbotten County, north Sweden. It also has interests in two iron ore projects located in Norrbotten County, north Sweden; and 100% interest in gold exploration project in Western Australia. The company was formerly known as Talga Gold Limited and changed its name to Talga Resources Limited in November 2012. Talga Resources Limited was incorporated in 2009 and is based in West Perth, Australia.
% Volume OscillatorDownload
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