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?

Company

Indicator

Code Company Date Close Change Indicator Value Signal

Trading Performance

Money Flow Index

Score

-1.25

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 3 106.7 0.33% 0.50% 12.6% -7.4% -2.2%
SHORT 3 181.0 0.00% 0.00% 0.0% -18.2% -54.6%

Summary

Technical Analysis

Macmahon (MAH.AX)


Indicator:

MONEY FLOW INDEX


Last Signal:

NEUTRAL


Trading: NO POSITION
Signal Strength: MEDIUM


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: Macmahon (MAH.AX)


Stock Exchange: ASX
Company: Macmahon
Ticker Codes: | MAH.AX | ASX:MAH |

About Macmahon (ASX:MAH):

Macmahon Holdings Limited provides contract mining services to clients in Australia, New Zealand, South East Asia, Mongolia, and Africa. The company operates in three segments: Surface Mining, Underground Mining, and International Mining. It offers surface mining services, including mine planning and management, drill and blast, bulk and selective mining, crushing and screening, train loading, mining equipment usage, and mine management. The company also provides underground mining services, such as underground development and production, portal establishment, raise drilling, cable bolting, shotcreting, remote shaft lining, production drilling, and shaft sinking services. In addition, it offers engineering electrical, fabrication, infrastructure construction, and mechanical services; underground pumping and infrastructure construction services; and emergency egress systems, and conveying, crushing and materials handling systems. Further, the company provides complete on-site maintenance and plant management support services. Macmahon Holdings Limited was founded in 1963 and is headquartered in Perth, Australia.

Top 10:

Money Flow Index

Download
Company Close Change(%) Volume Value Signal
CSV CSG 0.2 5.4 283,502 28.55 BULLISH CROSSUNDER
QUB Qube Logistics 3.18 4.3 3,917,170 20.33 BULLISH CROSSUNDER
SXL Southern Cross Media 1.17 2.6 1,353,033 20.22 BULLISH CROSSUNDER
LVH Livehire 0.29 1.8 465,526 21.29 BULLISH CROSSUNDER
SPO Spotless Holdings 1.63 1.6 264,991 27.41 BULLISH CROSSUNDER
BSA Broadcast Services Australia 0.38 0 778,033 24.62 BULLISH CROSSUNDER
TBR Tribune Resources 8 0 17,610 33 BULLISH CROSSUNDER
MLD Maca 0.9 0 148,714 23.4 BULLISH CROSSUNDER
EVO Evolve Education 0.11 0 395,313 59.42 BULLISH CROSSUNDER
ADA Adacel Technologies 0.51 0 183,338 24.18 BULLISH CROSSUNDER