This signal implies these stocks are under selling pressure and the price might continue to slide and therefore positions should be monitored closely. Further suggested analysis include looking at the overall market (ASI) to see if the downtrend is market wide, sector wide or specific to the stock. If the overal market trend is upwards, then since these stocks are heading in the opposite direction, then further analysis should be done using commands like PC and RV on the InfoWARE Market Data Terminal. Another command is ALERTS to set price triggers for possible exit is necessary
Unusual Volume: Volume traded more than double the 90 day moving average (All exchanges; ASI, ASem & NASD)
For more detailed analysis, on InfoWARE Market Data Terminal <UV> <GO> On InfoWARE Finance Mobile App (Android, iPhone & iPad, Windows Phone and Windows 8/10), look under "Research And Trading Strategies"
This signal implies these stocks are under buying pressure and the price might continue to rise and therefore positions should be monitored closely. Further suggested analysis include looking at the overall market (ASI) to see if the uptrend is market wide, sector wide or specific to the stock. Portfolio managers tend to use this as a signal to do more research to add to their positions or lock in some profits. Typically further analysis should be done using commands like PC and RV on the InfoWARE Market Data Terminal. Another command is ALERTS to set price triggers for possible exit or entry as necessary
For more detailed analysis, on InfoWARE Market Data Terminal <BULLM> <GO> On InfoWARE Finance Mobile App (Android, iPhone & iPad, Windows Phone and Windows 8/10), "Market Indexes"
For more detailed analysis, on InfoWARE Market Data Terminal <NSEPERF> <GO> On InfoWARE Finance Mobile App (Android, iPhone & iPad, Windows Phone and Windows 8/10), "Top Gainers & Losers"
For more detailed analysis, on InfoWARE Market Data Terminal <MKTINS> <GO> On InfoWARE Finance Mobile App (Android, iPhone & iPad, Windows Phone and Windows 8/10), "Market Indexes"
HONEYWELL FLOUR MILL PLC (HONYFLOUR) topped the advancers list closing at N1.02 with a gain of 9.68%
followed by ECOBANK TRANSNATIONAL INCORPORATED (ETI) which closed at N6.85 with a gain of 9.60%.
On the flip side FORTE OIL PLC. (OKOMUOIL) and OKOMU OIL PALM PLC. (OKOMUOIL) topped the decliners
log with a loss of -10.00% at a close of N15.30, and -9.18% to close the day at N44.50 respectively.
For more detailed analysis, on InfoWARE Market Data Terminal <TOPG> <GO> On InfoWARE Finance Mobile App (Android, iPhone & iPad, Windows Phone and Windows 8/10), "Top Gainers & Losers"
