Macmahon (MAH)

Download button icon Download

Macmahon (MAH): Signals

No data currently available.

data-ad-format="auto">

Explore Compare Share

TECHNICAL ANALYSIS SUMMARY

[BULLISH]: Macmahon currently has a confirmed uptrend. Recent trading has caused the SWMA 15 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SWMA15 is -1.9%.



A Sine wave is a smooth repetitive oscillation that shifts between a high of y and a low of -y. A SW-MA takes its weighting from the first half of a Sine wave cycle so the largest weighting is given to the data in the middle. The result is very similar to the Triangular Moving Average (Tri-MA) but much more difficult to calculate.

Calculation: Sine Weighted Moving Average (SWMA):
1) PI:=3.14;
2) SD:=180/6;
3) S1:=Sin(1*180/6)*C;
4) S2:=Sin(2*180/6)*Ref(C -1);
5) S3:=Sin(3*180/6)*Ref(C -2);
6) S4:=Sin(4*180/6)*Ref(C -3);
7) S5:=Sin(5*180/6)*Ref(C -4);
8) Num:=S1+S2+S3+S4+S5;
9) Den:=Sin(SD)+Sin(2*SD)+Sin(3*SD)+Sin(4*SD)+Sin(5*SD);
10) SWMA=Num/Den


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:

Sine Weighted Moving Average

Download button icon Download
Company Close Change (%) Volume Value Signal
GSW Getswift 0.7 7.8 738,277 -3 BEARISH
RMS Ramelius Resources 0.5 7.5 3,500,339 -6.3 BEARISH
ORE Orocobre 4.11 7 2,187,048 -4.1 BEARISH
DCG Decmil 0.8 6.7 282,536 -7.6 BEARISH
BOC Bougainville Copper 0.17 6.3 61,005 -9.1 BEARISH
CNI Centuria Capital 1.39 6.1 207,220 -7.6 BEARISH
FET Folkestone Education 2.97 5.3 499,659 -0.4 BEARISH
SAR Saracen Mineral 1.98 5.3 12,454,538 -3.6 BEARISH
PNR Pacific Niugini Minerals 0.2 5.3 494,855 -8.5 BEARISH
CCV Cash Converters International 0.33 4.8 1,818,562 -4.3 BEARISH
back to top