Viva Energy Reit (VVR.AX)
DAILY VOLUME INDEX
Trading: BUY @ $2.16
Signal Strength: STRONG
Viva Energy Reit (ASX:VVR) current price has highlighted the commencement of accumulation and the start of bullish trading conditions. Currently, the DVI is 91.
A bullish crossover has been confirmed due the last trading session with is a strong indication of a diretional change. This indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. Indicator can be applied to the short/medium term timeframe, but the best results are obtained with larger cyclical swings in-line with the trend direction. This accumulation / distribution oscillator can provide guidance on the money flow direction from the companies recent trading.
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
|SHL Sonic Healthcare||22.45||4.1||1,781,496||1,246||BULLISH CROSSOVER|
|INA Ingenia Communities||2.99||1.4||579,583||101||BULLISH CROSSOVER|
|JIN Jin||7.45||1.4||158,007||207||BULLISH CROSSOVER|
|DXS Dexus Property||10.32||1.2||3,249,002||300||BULLISH CROSSOVER|
|BEN Bendigo Bank||10.24||1||1,230,927||919||BULLISH CROSSOVER|
|CHC Charter Hall||6.87||1||913,528||22||BULLISH CROSSOVER|
|CNI Centuria Capital||1.3||0.4||352,533||168||BULLISH CROSSOVER|
|MND Monadelphous||13.98||0.1||238,650||197||BULLISH CROSSOVER|
|NST Northern Star Resources||8.4||0.1||1,789,595||706||BULLISH CROSSOVER|
|OSH Oil Search||7.34||0.1||4,455,699||16,524||BULLISH CROSSOVER|