Candlestick Daily volume index Bar reversal Edit

Backtest results

Position Trades Duration Win rate Win/loss Avg win Avg loss Return
Long 10 4.5 20% 25% 1.6% -0.8% -3.4%
Short 5 4.2 40% 67% 1.9% -3.2% -5.9%

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Trading Performance

Bill Williams Market Index

Score

-0.15

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 59 5.0 0.54% 1.10% 1.2% -1.8% -12.2%
SHORT 59 9.3 0.47% 0.88% 3.1% -2.1% 18.0%

Summary

Technical Analysis

Boral (BLD.AX)


Indicator:

MARKET FACILITATION INDEX


Last Signal:

REDUCE


Trading: REDUCE @ $5.28
Signal Strength: MEDIUM
Recommendation:

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.


Boral (ASX:BLD) Currently is a confirmed Squat 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: Boral (BLD.AX)


Stock Exchange: ASX
Company: Boral
Ticker Codes: | BLD.AX | ASX:BLD |

About Boral (ASX:BLD):

Boral Limited manufactures and supplies building and construction materials in Australia, the United States, and the Asia Pacific. It offers aggregates, ash, asphalt, blocks, bricks, cement, cement additives and dry mixes, commercial pavers, concrete, decorative concrete, grout, lime, oxides, pavers, plasterboard, plastering DIY bags, retaining walls, and roof tiles; and pool surfacing, quarry, sand quarry and specialized, stabilization, stone, and structural timber products, as well as timber cladding, decking, and flooring products. The company also provides material technical, pallet pick-up, and roof tiling installer services; and engages in the transport and property activities. It serves residential and non-residential construction, and the engineering and infrastructure markets. Boral Limited was founded in 1946 and is headquartered in North Sydney, Australia.

Top 10:

Bill Williams Market Index

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Company Close Change(%) Volume Value Signal
ADA Adacel Technologies 0.68 22.5 435,672 0 BEARISH
RMS Ramelius Resources 0.77 15.9 8,313,251 0 BEARISH
NST Northern Star Resources 11.69 9.3 7,110,929 -1 BEARISH
DCN Dacian Gold 0.59 8.3 6,477,380 -1 BEARISH
RND Rand Mining 3 7.1 250 -1 BEARISH
KGN Kogan 5.21 5.5 899,578 -1 BEARISH
BRN Brainchip Holdings 0.08 5.3 7,794,670 0 BEARISH
MOC Mortgage Choice 1.13 5.1 144,151 0 BEARISH
SDA Speedcast International 3.63 4.9 1,766,294 -1 BEARISH
CEN Central Australian Phosphate 7.54 4.4 88,783 -1 BEARISH