MARKET FACILITATION INDEX
Trading: POSITION @ $10.2
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.
Goodman (ASX:GMG) Currently is a confirmed Green 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: Goodman (GMG.AX)
Stock Exchange: ASX
Ticker Codes: | GMG.AX | ASX:GMG |
Goodman Group is an integrated property group with operations throughout Australia, New Zealand, Asia, Europe, the United Kingdom, North America and Brazil. Goodman Group, comprised of the stapled entities Goodman Limited, Goodman Industrial Trust and Goodman Logistics (HK) Limited, is the largest industrial property group listed on the Australian Securities Exchange and one of the largest listed specialist investment managers of industrial property and business space globally. Goodman's global property expertise, integrated own+develop+manage customer service offering and significant investment management platform ensures it creates innovative property solutions that meet the individual requirements of its customers, while seeking to deliver long-term returns for investors.
Bill Williams Market IndexDownload
|SMX Sms Management & Technology||0.24||17.1||189,500||0||NEUTRAL|
|AYS Amaysim Australia||1.06||9.3||280,426||0||NEUTRAL|
|BKL Blackmores Laboratories||127.63||8.8||119,034||0||NEUTRAL|
|MLX Metals X||0.47||6.9||1,037,213||0||NEUTRAL|
|BVS Bravura Solutions||4.4||6.8||1,789,711||0||NEUTRAL|
|MOC Mortgage Choice||1.29||6.6||79,382||0||NEUTRAL|
|KDR Kidman Resources||1||6.4||4,933,166||0||NEUTRAL|