MARKET FACILITATION INDEX
Trading: SELL @ $11.93
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.
Brambles (ASX:BXB) Currently is a confirmed Fake 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: Brambles (BXB.AX)
Stock Exchange: ASX
Ticker Codes: | BXB.AX | ASX:BXB |
Brambles Limited provides supply-chain logistics solutions based on the provision of reusable pallets, crates, and containers for shared use by various participants in the supply chain. The company operates through CHEP North America and Latin America; CHEP Europe, Middle East, Africa and India; CHEP Australia, New Zealand and Asia, excluding India; and IFCO segments. It offers pallet and container pooling, and reusable plastic crates pooling services. The company is also involved in the specialist container logistics business for the automotive sector. As of February 15, 2018, it owned approximately 590 million pallets, crates, and containers through a network of approximately 850 service centers. The company provides its services under the CHEP and IFCO brands to the customers in the fast-moving consumer goods, fresh produce, beverage, retail, and general manufacturing industries in the Americas, Europe, Australia, and internationally. Brambles Limited was founded in 1875 and is headquartered in Sydney, Australia.
Bill Williams Market IndexDownload
|RND Rand Mining||2.55||8.5||7,333||0||NEUTRAL|
|TNG Tennant Creek Gold||0.1||6.7||879,488||0||NEUTRAL|
|ATM Aneka Tambang||1.01||6.3||1,302||0||NEUTRAL|
|SWM Seven West Media||0.52||5.1||2,907,492||0||NEUTRAL|
|CIA Champion Iron||2.12||5||1,223,895||0||NEUTRAL|
|ZIM Zimbabwe Platinum Mines||7.35||3.8||3,289||0||NEUTRAL|
|MMS Mcmillan Shakespeare||13.21||3.6||903,061||0||NEUTRAL|
|GOR Gold Road Resources||0.98||3.2||2,668,725||0||NEUTRAL|