Macmahon (MAH)

Download button icon Download

Macmahon (MAH): Signals

No data currently available.

data-ad-format="auto">

Explore Compare Share

TECHNICAL ANALYSIS SUMMARY

Macmahon (MAH.AX)


Indicator:

WEIGHTED MOVING AVERAGE


Last Signal:

BULLISH


Trading: BUY @ $0.26
Signal Strength: STRONG
Recommendation:

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has the ability to highlight trends across numerous timeframes. This indicator has the ability to smooth historical results to illustrate trend initiation and status. Although this is a simple trend following indicator & can provide good results when coupled with the right indicator. Note, this indicator does not work well in ranging markets producing unwanted whipsaws and false signals.


Macmahon (ASX:MAH) currently has a confirmed uptrend. Recent trading has caused the WMA 15 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on WMA15 is 6.1%.



Weighted moving averages (WMA) are difficult to construct but more reliable than the simple moving averages. WMA permits an unequal weighting on prior time periods.

Calculation: Weighted Moving Average (WMA):
1) Ft= W1At-1 + WnAt-n


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:

Weighted Moving Average

Download button icon Download
Company Close Change (%) Volume Value Signal
LOV Lovisa 9.3 20.2 1,518,896 18 BULLISH
CTD Corporate Travel Management 28.81 14.7 1,727,133 13.8 BULLISH
EMH European Metals Holdings 0.4 14.3 44,010 16.6 BULLISH
SVW Seven Holdings 19.02 12.2 2,028,025 11.3 BULLISH
GCY Gascoyne Resources 0.11 11.1 1,637,598 11.1 BULLISH
NWH NRW 2.28 9.6 3,181,761 10.2 BULLISH
AGG Anglogold Ashanti 4.16 8.3 21,558 7.8 BULLISH
NEA Nearmap 2.57 7.5 3,461,849 9.9 BULLISH
SXY Senex Energy 0.38 7.1 10,983,458 9.3 BULLISH
BFC Beston Global Food 0.16 6.9 222,535 19.2 BULLISH
back to top