Macquarie Telecom (MAQ.AX)
CHAIKIN MONEY FLOW
Trading: SELL @ $22.97
Signal Strength: STRONG
Macquarie Telecom (ASX:MAQ) current price has highlighted recent selling pressure and the start of a bearish trading conditions. Currently, the CMF is -0.07. During the quarter, the lowest CMF value was -0.13 occurring on the Oct 15 2018.
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.
Developed by Marc Chaikin, Chaikin Money Flow measures the amount of Money Flow Volume over a specific period. Money Flow Volume forms the basis for the Accumulation Distribution Line. Instead of a cumulative total of Money Flow Volume, Chaikin Money Flow simply sums Money Flow Volume for a specific look-back period, typically 20 or 21 days. The resulting indicator fluctuates above/below the zero line just like an oscillator. Chartists weigh the balance of buying or selling pressure with the absolute level of Chaikin Money Flow. Chartists can also look for crosses above or below the zero line to identify changes on money flow.
Calculation: Chaikin Money Flow (20):
1) Money Flow Multiplier = [(Close - Low) - (High - Close)] / (High - Low);
2) Money Flow Volume = Money Flow Multiplier x Volume for the Period;
3) 20-period CMF = 20-period Sum of Money Flow Volume / 20 period Sum of Volume;
PROFILE: Macquarie Telecom (MAQ.AX)
Stock Exchange: ASX
Company: Macquarie Telecom
Ticker Codes: | MAQ.AX | ASX:MAQ |
Macquarie Telecom Group Limited provides telecommunication and hosting services to corporate and government customers in Australia. It offers voice services, such as fixed-line voice, unified communications, and video and Web conferencing services; managed mobility services and mobile management tools; and cloud services, including hybrid, VMWare, and private cloud services, as well as dedicated servers, colocation, managed hosting, management tools, and data center extension services. The company also provides data services, including Internet, fixed wireline Ethernet, private IP-VPN, Cisco Meraki, business NBN, international data links, SIP trunking, SaaS enabled WAN, secure remote access, and business Ethernet access. Macquarie Telecom Group Limited was founded in 1992 and is headquartered in Sydney, Australia.
Chaikin Money FlowDownload
|BVS Bravura Solutions||4.4||6.8||1,789,711||0.1||BULLISH CROSSOVER|
|EHE Estia Health||2.22||3.3||1,108,402||0.03||BULLISH CROSSOVER|
|HSN Hansen Technologies||3.67||3.1||226,384||0.03||BULLISH CROSSOVER|
|NAN Nanosonics||3.23||2.9||1,156,624||0.04||BULLISH CROSSOVER|
|LAU Lindsay Australia||0.37||1.9||139,684||0.11||BULLISH CROSSOVER|
|GDI GDI Property||1.35||1.9||1,403,690||0.08||BULLISH CROSSOVER|
|TME Trade Me||4.62||1.5||629,459||0.06||BULLISH CROSSOVER|
|PIC Perpetual Equity Investment||1.14||1.3||950,708||0.1||BULLISH CROSSOVER|
|CLQ Clean Teq Holdings||0.47||1.1||1,044,990||0.05||BULLISH CROSSOVER|
|AMA Allomak||1.03||1||452,099||0.27||BULLISH CROSSOVER|