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: Folkestone (FLK.AX)
Stock Exchange: ASX
Ticker Codes: | FLK.AX | ASX:FLK |
Folkestone Limited operates as a real estate funds management, investment, and development company in Australia. It operates through Property Development and Funds Management segments. The company invests in the office, retail, industrial, residential, and social infrastructure sectors; and provides real estate funds management services for private clients and institutional investors. Folkestone Limited is based in Sydney, Australia.
Bill Williams Market IndexDownload
|CTD Corporate Travel Management||22.95||14.8||2,146,215||0||BEARISH|
|REA REA Group||78.41||8||927,091||0||BEARISH|
|PNI Pinnacle Investment Management||5.79||7||309,489||-1||BEARISH|
|ELX Ellex Medical Lasers||0.7||5.3||26,013||-1||BEARISH|