MARKET FACILITATION INDEX
Trading: POSITION @ $13.36
Signal Strength: MEDIUM
Volatility indicators highlight potential moves of a stock which can either move sharply in the updwards or downwards direction. This indicator allows stocks to be compared on a level playing field to highlight high and low volatility. Normally, falling markets are more likely to be volatile than a rising markets due to the emotion that gets tied to trading. Use volatility indicators in conjunction with other indicators to reduce exposure to false moves.
Amcor (ASX:AMC) Currently is a confirmed Green Day.
The Market Facilitation Index is designed for evaluation the willingness of the market to move the price. The indicators absolute values alone cannot provide any trading signals unlike its dynamics in relation to the dynamics of the volume.
Calculation: Bill Williams Market Facilitation Index:
1) Green bar - both MFI and volume are up. Increasing trading activity means market movement acceleration;
2) Blue bar - MFI indicator is up volume is down. The movement is continuing although the volume has dropped. The trend will soon be reversing;
3) Pink bar - MFI indicator is down volume is up. The slowing down movement while volume is raising may indicate a possible break through often a U-turn;
4) Brown bar - both MFI and volume are down. The market is no longer interested in the current direction and is looking for signs of a future development;
PROFILE: Amcor (AMC.AX)
Stock Exchange: ASX
Ticker Codes: | AMC.AX | ASX:AMC |
Amcor Limited provides packaging solutions in Western Europe, North America, Australia, New Zealand, and internationally. It operates through Amcor Rigid Plastics, Amcor Flexibles, and Other/Investments segments. The company manufactures rigid plastic containers for a range of beverage and food products, including carbonated soft drinks, water, juices, sports drinks, milk-based beverages, spirits and beer, sauces, dressings, spreads, and personal care items; and plastic caps for various applications. It also manufactures flexible and film packaging for the food and beverage industry, including confectionery, coffee, fresh food and dairy, and pet food packaging; and medical and pharmaceutical, fresh produce, and snack food segments. In addition, the company offers flexible packaging for specialty folding cartons for tobacco packaging and other industries; and packaging solutions for home and personal care products. Amcor Limited was incorporated in 1926 and is headquartered in Southbank, Australia.
Bill Williams Market IndexDownload
|MIN Mineral Resources||15.81||10.6||2,899,146||0||NEUTRAL|
|DNA Donaco International||0.04||10||27,017,777||0||NEUTRAL|
|EDE Eden Energy||0.07||9.7||2,972,125||0||NEUTRAL|
|AXP Airxpanders Inc||0.03||8.3||640,420||0||NEUTRAL|
|VOC Vocus Communications||3.35||5.3||3,852,847||0||NEUTRAL|
|RSG Resolute Mining||1.11||4.7||5,482,309||0||NEUTRAL|
|CIA Champion Iron||1.23||4.7||7,855||0||NEUTRAL|
|AYS Amaysim Australia||1.05||4.5||121,914||0||NEUTRAL|
|GXY Galaxy Resources||2.56||4.5||1,231,824||0||NEUTRAL|