Anavex Life Sciences Corp (AVXL)

[wildcard235]

SLB chart, updated EOD 18Oct2017, no significant change in SLB rate from last post.

The purpose of this chart is to try to warn against another criminal Short & Distort attack, if one occurs.
It is of equal value by showing that such an attack IS or IS NOT forming.
(The golden and death crosses have no direct relationship to the SLB rate and are included for my own curiosity.)

If I forget to post an update, note the volume traded since my last update. SLB cannot change dramatically without large trading volume.

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.
SLB has no ability to predict price manipulation by high-freqency trading (HFT) or similar techniques.

For weeks dating back to NASDAQ uplisting, see copies of this chart posted in May2017.
The last candlestick is only for the part of the week that has transpired so far.
Green candle = closing price higher than open; Red candle = closing price lower than open.
The Golden Cross and Death Cross use 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 about 120%, and twice it went way above that (once in this chart).
The bottom of this SLB graph is about 10%.