[BULLISH]: Saputo Inc current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the ADLINE is 2.15867e+006. day. During the quarter, the highest ADLINE value was 2.15867e+006.
Accumulation/distribution (ADLINE) is a momentum indicator that attempts to gauge supply and demand by determining whether investors are generally accumulating or buying or distributing or selling a certain stock by identifying divergences between stock price and volume flow. The accumulation/distribution is calculated by first calculating the money flow multiplier then multiplying the money flow multiplier by the period’s volume.
[Calculation] Accumulation Distribution Line:
1) Money Flow Multiplier = [(close - low) - (high - close)] / (high - low);
2) Money Flow Volume = Money Flow Multiplier x volume for the period;
3) Accumulation/Distribution= previous Accumulation/Distribution + current periods Money Flow Volume.
Accumulation Distribution LineDownload
|Company||Close||Close Change (%)||Volume||Value||Signal|
|CCO Cameco Corp||14.64||4.1||1,284,337||-1,378,658||BEARISH|
|FFH Fairfax Financial||715.7||3||52,090||-6,380,819||BEARISH|
|ATH Athabasca Oil Corp||1.79||2.9||1,484,270||-38,122||BEARISH|
|KEL Kelt Exploration||9.34||2.3||772,093||-619,551||BEARISH|
|CCX Canadian Crude Oil Index||11.11||1.9||0||-506,021||BEARISH|
|AOI Africa Oil Corp||1.19||1.7||11,900||-746,488||BEARISH|
|CEU CES Energy Solutions||4.84||1.3||660,512||-3,717,624||BEARISH|
|HBM Hudbay Minerals Inc||6.93||1||2,118,716||-29,688,733||BEARISH|
|CLR Clearwater Seafoods||5.5||0.9||22,216||-6,666,063||BEARISH|
|TOG Torc Oil And Gas||7.79||0.9||528,244||-81,147,173||BEARISH|