Greenross

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%

What indicators would you like to backtest?

Trading Performance

Money Flow Index

Score

-0.95

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 4 96.0 0.25% 0.33% 33.8% -17.3% -18.0%
SHORT 3 77.0 0.33% 0.50% 0.6% -9.7% -18.7%

Summary

Technical Analysis

Greenross (GXL.AX)


Indicator:

MONEY FLOW INDEX


Last Signal:

BEARISH CROSSOVER


Trading: SELL @ $5.54
Signal Strength: STRONG
Recommendation:

Greenross (ASX:GXL) current price has driven MFI to become overbought signalling the start of bearish trading conditions. Currently, the MFI is 0. During the quarter, the highest MFI value was 85.16. The last overbought signal occurred on Feb 26 2019


A bearish crossover has been confirmed due the last trading session with is a strong indication of a diretional change. This indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. 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)


PROFILE: Greenross (GXL.AX)


Stock Exchange: ASX
Company: Greenross
Ticker Codes: | GXL.AX | ASX:GXL |

About Greenross (ASX:GXL):

Greencross Limited, an integrated pet care company, provides veterinary services. The company offers vaccination, desexing, dentistry, microchip identification, parasite prevention, surgical procedure, laboratory/pathology testing, radiology, ultrasound, and weight loss program services. It also operates physical and online pet stores that sell specialty pet care products under the Petbarn and City Farmers brand names; and provides a range of non-medical companion animal healthcare services. The company offers its services to dogs, cats, birds, and reptiles. As of June 30, 2017, its network comprised 420 stores and clinics across Australia and New Zealand. The company was founded in 1994 and is headquartered in Woolloongabba, Australia.

Top 10:

Money Flow Index

Download
Company Close Change(%) Volume Value Signal
BNO Bionomics 0.24 20 4,955,713 35.77 NEUTRAL
ONE Oneview Healthcare 0.56 12 22,700 75.82 NEUTRAL
JHC Japara Healthcare 1.38 10.4 1,516,564 58.31 NEUTRAL
CSV CSG 0.19 8.6 563,272 78.34 NEUTRAL
CAJ Capitol Health 0.2 8.3 9,470,636 24.86 NEUTRAL
AGI Ainsworth Game Technology 0.84 7.7 196,891 32.22 NEUTRAL
FSA FSA 1.14 7.1 64,580 55.43 NEUTRAL
NMT Neometals 0.24 6.8 1,306,281 52.1 NEUTRAL
BRN Brainchip Holdings 0.06 6.7 1,127,210 40.05 NEUTRAL
SHM Shriro 0.64 6.7 112,345 31.93 NEUTRAL