Viva Energy Reit (VVR.AX)
ELDERS FORCE INDEX
Trading: SELL @ $2.21
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.
Viva Energy Reit (ASX:VVR) current price has highlighted recent selling pressure. Currently, the Elders Force Index is -3816.
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: 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.
Elder's Force IndexDownload
|FRI Finbar International||0.82||9.3||29,707||-817||BEARISH|
|YAL Yancoal Australia||3.58||6.2||15,958||-8,629||BEARISH|
|SGR The Star Entertainment||4.58||5.3||3,025,465||-28,548||BEARISH|
|AJX Alexium International||0.12||4.5||408,959||-846||BEARISH|
|EQT Equity Trustees||24||4.3||34,589||-3,995||BEARISH|
|GCY Gascoyne Resources||0.12||4.3||2,720,069||-1,664||BEARISH|
|AHY Asaleo Care||0.95||3.8||2,959,854||-12,207||BEARISH|
|AGG Anglogold Ashanti||3||3.4||7,551||-428||BEARISH|