[BEARISH]: Viva Energy Reit current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the DVI is -1133.
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: Viva Energy Reit (VVR.AX)
Stock Exchange: ASX
Company: Viva Energy Reit
Ticker Codes: | VVR.AX | ASX:VVR |
Viva Energy REIT was established in August 2016 as the owner of an initial portfolio of 425 service station sites located across Australia; since this time the property portfolio has increased to 437 sites via the acquisition of additional properties. Viva Energy REIT is Australia's largest listed REIT owning solely service station properties with a high quality portfolio of service stations across all Australian States and Territories.
Daily Volume IndexDownload
|RND Rand Mining||3.8||58.3||13,444||7,287||BULLISH|
|TBR Tribune Resources||10.5||50||20,514||1,119||BULLISH|
|SVW Seven Holdings||22.5||6||2,742,176||2,743||BULLISH|
|RSG Resolute Mining||1.1||4.3||10,327,619||133||BULLISH|
|PRT Prime Television||0.24||4.3||71,152||114,402||BULLISH|
|LAU Lindsay Australia||0.39||4||133,300||187||BULLISH|
|AVJ Av Jennings Homes||0.68||3.8||74,709||8,524||BULLISH|