Gateway Lifestyle

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

Money Flow Index

Score

-0.75

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 4 29.0 0.50% 1.00% 5.0% -8.3% -6.5%
SHORT 4 44.5 0.25% 0.33% 5.4% -9.2% -22.1%

Summary

Technical Analysis

Gateway Lifestyle (GTY.AX)


Indicator:

MONEY FLOW INDEX


Last Signal:

BEARISH


Trading: SELL @ $2.23
Signal Strength: MEDIUM
Recommendation:

Gateway Lifestyle (ASX:GTY) current trading has maintained the money flow index overbought status and signalled the continuation of the bearish trading conditions. Currently, the MFI is 0. The bearish signal has been active for 0 days. During the quarter, the highest MFI value was 60.36.


Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading exit. 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.


Money Flow Index (MFI) is a volume-based indicator it could be used in technical analysis to measure the strength of money flow in and out of a security index and market. The principle of MFI calculation is a comparison of positive money flow to negative money flow. MFI is also known as volume-weighted RSI. MFI starts with the typical price for each period. The same as RSI the MFI scale is between 0 and 100.

Calculation: Money Flow Index (MFI):
1) Typical Price = (High + Low + Close)/3;
2) Raw Money Flow = Typical Price x Volume;
3) Money Flow Ratio = (14-period Positive Money Flow)/(14-period Negative Money Flow);
4) Money Flow Index = 100 - 100/(1 + Money Flow Ratio)

Top 10:

Money Flow Index

Download
Company Close Change(%) Volume Value Signal
PNC Pioneer Credit 3.07 14.1 478,430 23.69 NEUTRAL
PNR Pacific Niugini Minerals 0.2 8.3 1,444,152 31.65 NEUTRAL
ELX Ellex Medical Lasers 0.71 6.8 27,629 57.51 NEUTRAL
NVL National Veterinary Care 2.12 5.5 8,803 34.43 NEUTRAL
TNG Tennant Creek Gold 0.11 5 1,056,041 34.45 NEUTRAL
SUL Super Cheap Auto 7.52 4.6 1,641,831 57.26 NEUTRAL
BDR Beadell Resources 0.05 4.1 700,149 51.14 NEUTRAL
MXI Maxitra Industries 0.54 3.8 116,629 22.48 NEUTRAL
IPH Ipoh 5.4 3.8 814,910 55.64 NEUTRAL
APX Appen 12.71 3.6 1,100,221 64.36 NEUTRAL