EOF 7.69% 2.4¢ ecofibre limited

Does seem to be something brewing, heres a bit of a different TA...

  1. 7,444 Posts.
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    Does seem to be something brewing, heres a bit of a different TA approach from charting, looking at more volume and price stats, I use this to automate trading ideas, but hopefully others get something from it:

    eoftradehist.png

    So on the right hand side you can see the stats from the last 6 months of data vs the last 12 months of EOF, stats like average daily volume, daily value traded, high and low price and dates, the number of positive days, negative days, VWAP (price most of the volume trades at), date most volume occured, the % return over both periods, etc.

    Highlighted cells in the volume column occur when volume is over the average. You can see volume starting to be over average on quite a few days, signalling something brewing as insiders or those in the know get their orders set. Interesting one to keep an eye on, its quitely had a 100% rise since late oct
 
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