Anavex Life Sciences Corp (AVXL)

[wildcard235]

SLB chart, updated EOD 16Jun2017, no significant change in SLB rate from last post.

*** I don't know what I've done wrong, but I can't seem to get my chart tool to show the data back to uplisting as I have been doing. This is the default length for weekly candles. Other than that, there is no significant change. ***

SLB stands for Stock Loan Borrow, and is a fee rate that indicates current demand for shorting vs the known available supply.
This SLB fee rate data is from Interactive Brokers, the most comprehensive source available.
Every share legally sold short must be backed by a borrowed share, and the account that is shorting pays interest on the borrowed share.
This fee rate is annualized, and applies every day including non-trading days, until a share is bought-to-close the short share.
The higher the fee rate, the greater the demand for shorting; The lower the fee rate, the lower the demand for shorting.
As long as the SLB fee rate does not go over 125% in a short period of time, a Short & Distort attack is probably not imminent, although normal shorting should be expected whenever a consensus forms that a peak in price-per-share has been reached.

Green candle = closing price higher than open; Red candle = closing price lower than open.
The Golden Cross is based on the most common formula which uses 200 & 50-day simple moving averages.
Option volume and options Open Interest is included. Buying long Puts or selling short Calls can act as a substitute for short-selling.
The top of this SLB graph is actually clipped, the top line is 125%, and twice it went way above that (only one time shown in this chart).
The bottom of this SLB graph is about 25%.