Epsilon Energy Ltd has current Accumulation Distribution of 295.7. The accumulation distribution (A/D) indicator shows the degree to which Epsilon is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Epsilon Energy Ltd to determine if accumulation or reduction is taking place in the market. This value is adjusted by Epsilon trading volume to give more weight to distributions with higher volume over lower volume.
On July 04 2015 Epsilon Energy Ltd was traded for 3.49 at the closing time. The maximum traded price for the trading interval was 3.50 and the lowest daily price was 3.35 . The daily volume was recorded at 6.9 K. The volume of trading on July 4, 2015 did not affect price variability. The overall trading delta to the closing price today is 4.01% .
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume