Broo (BEE)

Download button icon Download

Broo (BEE): Signals

No data currently available.

data-ad-format="auto">

Explore Compare Share

TECHNICAL ANALYSIS SUMMARY

Broo (BEE.AX)


Indicator:

MONEY FLOW INDEX


Last Signal:

NEUTRAL


Trading: REDUCE @ $0.044
Signal Strength: MEDIUM
Recommendation:

Broo (ASX:BEE) current trading price has closed out money flow index oversold status and signalled the initiation of normal trading conditions. Currently, the MFI is 77.58. The previous bullish signal was active for 0 day. During the quarter, the lowest MFI value was 0.


Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. Indicator can be applied to the short/medium term timeframe, but the best results are obtained with larger cyclical swings in-line with the trend direction. This accumulation / distribution oscillator can provide guidance on the money flow direction from the companies recent trading.


Money Flow Index (MFI) is a volume-based indicator it could be used in technical analysis to measure the strength of money flow in and out of a security index and market. The principle of MFI calculation is a comparison of positive money flow to negative money flow. MFI is also known as volume-weighted RSI. MFI starts with the typical price for each period. The same as RSI the MFI scale is between 0 and 100.

Calculation: Money Flow Index (MFI):
1) Typical Price = (High + Low + Close)/3;
2) Raw Money Flow = Typical Price x Volume;
3) Money Flow Ratio = (14-period Positive Money Flow)/(14-period Negative Money Flow);
4) Money Flow Index = 100 - 100/(1 + Money Flow Ratio)


PROFILE: Broo (BEE.AX)


Stock Exchange: ASX
Company: Broo
Ticker Codes: | BEE.AX | ASX:BEE |

About Broo (ASX:BEE):

Broo Limited produces and distributes beer in Australia and China. It operates through Hospitality, Australian brewing, and Chinese brewing segments. The company offers beers under the Broo Premium Lager and Australia Draught names. It serves hotels, liquor stores, restaurants, and other licensed premises through wholesalers. The company also manages pubs and boutique brewery venues. Broo Limited is headquartered in Mildura, Australia.

Top 10:

Money Flow Index

Download button icon Download
Company Close Change (%) Volume Value Signal
LOV Lovisa 9.3 20.2 1,518,896 45.58 NEUTRAL
EMH European Metals Holdings 0.4 14.3 44,010 37.54 NEUTRAL
SVW Seven Holdings 19.02 12.2 2,028,025 70.34 NEUTRAL
AXP Airxpanders Inc 0.04 12.1 4,203,665 57.11 NEUTRAL
GCY Gascoyne Resources 0.11 11.1 1,637,598 39.9 NEUTRAL
NWH NRW 2.28 9.6 3,181,761 52.85 NEUTRAL
AGG Anglogold Ashanti 4.16 8.3 21,558 64.49 NEUTRAL
NEA Nearmap 2.57 7.5 3,461,849 26.03 NEUTRAL
ORE Orocobre 3.2 7.4 2,255,245 63.37 NEUTRAL
SXY Senex Energy 0.38 7.1 10,983,458 54.46 NEUTRAL
back to top