Brickworks (BKW)

Download button icon Download

Brickworks (BKW): Signals

No data currently available.

data-ad-format="auto">

Explore Compare Share

TECHNICAL ANALYSIS SUMMARY

Brickworks (BKW.AX)


Indicator:

CHAIKIN MONEY FLOW


Last Signal:

BEARISH CROSSOVER


Trading: SELL @ $16.9
Signal Strength: STRONG
Recommendation:

Brickworks (ASX:BKW) current price has highlighted recent selling pressure and the start of a bearish trading conditions. Currently, the CMF is -0.04. During the quarter, the lowest CMF value was -0.18 occurring on the Nov 15 2018.


A bearish crossover has been confirmed due the last trading session with is a strong indication of a diretional change. This 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.

Developed by Marc Chaikin, Chaikin Money Flow measures the amount of Money Flow Volume over a specific period. Money Flow Volume forms the basis for the Accumulation Distribution Line. Instead of a cumulative total of Money Flow Volume, Chaikin Money Flow simply sums Money Flow Volume for a specific look-back period, typically 20 or 21 days. The resulting indicator fluctuates above/below the zero line just like an oscillator. Chartists weigh the balance of buying or selling pressure with the absolute level of Chaikin Money Flow. Chartists can also look for crosses above or below the zero line to identify changes on money flow.

Calculation: Chaikin Money Flow (20):
1) Money Flow Multiplier = [(Close - Low) - (High - Close)] / (High - Low);
2) Money Flow Volume = Money Flow Multiplier x Volume for the Period;
3) 20-period CMF = 20-period Sum of Money Flow Volume / 20 period Sum of Volume;


PROFILE: Brickworks (BKW.AX)


Stock Exchange: ASX
Company: Brickworks
Ticker Codes: | BKW.AX | ASX:BKW |

About Brickworks (ASX:BKW):

Brickworks Limited manufactures, sells, and distributes building products in Australia. The company operates through Building Products, Property, and Investment segments. It manufactures vitrified clay, concrete, and timber products for use in the building industry. The company's products include bricks, masonry blocks, pavers, roof tiles, floor tiles, precast walling and flooring panels, and fiber cement walling panels, as well as specialized faþade systems, terracotta roof tiles, and retaining wall systems. It offers its building products under the Austral Bricks, Austral Masonry, Austral Precast, Bristile Roofing, Auswest Timber, Bowral Bricks, Daniel Robertson, Nubrik, Pronto Panel, INEX, Terracade, and GB Masonry brands. The company also exports its products to New Zealand and other countries. In addition, it develops and sells residential and industrial land; and invests in property trusts and the Australian share market. Brickworks Limited was founded in 1934 and is headquartered in Horsley Park, Australia.

Top 10:

Chaikin Money Flow

Download button icon Download
Company Close Change (%) Volume Value Signal
BRG Breville 11.93 3.3 261,618 0.01 BULLISH CROSSOVER
NEC Nine Entertainment 1.61 2.9 7,582,307 0.05 BULLISH CROSSOVER
STO Santos 6.21 2.5 6,693,614 0.05 BULLISH CROSSOVER
CTD Corporate Travel Management 23.44 2.4 569,826 0.04 BULLISH CROSSOVER
HOM Homeloans 0.55 1.9 3,473 0.07 BULLISH CROSSOVER
XIP Xenith Ip 1.25 1.2 38,390 0.95 BULLISH CROSSOVER
BWP Bunnings Warehouse Property Trust 3.43 0 969,655 0.1 BULLISH CROSSOVER
CGC Consolidated Gaming Corporation 6.16 0 815,897 0.01 BULLISH CROSSOVER
TAH Tabcorp Holdings 4.54 0 4,746,981 0.06 BULLISH CROSSOVER
NHC New Hope 3.8 0 954,855 0.01 BULLISH CROSSOVER
back to top