Magellan Financial (MFG.AX)
Indicator:
AROON OSCILLATOR
Last Signal:
BULLISH
Trading: BUY @ $32.89
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 been constructed to highlight the existence of a trend for an assocaited timeframe. Trend determining indicators can be used in short, medium or long term timeframes & determines if the stock is trending or ranging. Once the trend status is quantified, this can then be coupled to additional indicators to add a significant advantage to the trading strategy.
Magellan Financial (ASX:MFG) has a current ARU(25) of 92 and a current ARD(25) of 4
The Aroon Oscillator is the difference between Aroon-Up and Aroon-Down. These two indicators are usually plotted together for easy comparison but chartists can also view the difference of these two indicators with the Aroon Oscillator. This indicator fluctuates between -100 and +100 with zero as the middle line.
Calculation: Aroon Oscillator (ARO) :
1) Aroon Up = 100 x (25 - Days Since 25-day High)/25;
2) Aroon Down = 100 x (25 - Days Since 25-day Low)/25;
3) Aroon Oscillator = Aroon-Up - Aroon-Down;
PROFILE: Magellan Financial (MFG.AX)
Stock Exchange: ASX
Company: Magellan Financial
Ticker Codes: | MFG.AX | ASX:MFG |
Magellan Financial Group is a publicly owned investment manager. The firm provide its services to high net worth, retail, and institutional investors. Magellan Financial Group is based in Sydney, Australia.
Aroon Oscillator

Company | Close | Change (%) | Volume | Value | Signal |
---|---|---|---|---|---|
SVW Seven Holdings | 19.02 | 12.2 | 2,028,025 | 84 | BULLISH |
AXP Airxpanders Inc | 0.04 | 12.1 | 4,203,665 | 76 | BULLISH |
GCY Gascoyne Resources | 0.11 | 11.1 | 1,637,598 | 60 | BULLISH |
AGG Anglogold Ashanti | 4.16 | 8.3 | 21,558 | 56 | BULLISH |
SXY Senex Energy | 0.38 | 7.1 | 10,983,458 | 44 | BULLISH |
BFC Beston Global Food | 0.16 | 6.9 | 222,535 | 36 | BULLISH |
GOR Gold Road Resources | 0.85 | 6.3 | 2,511,753 | 40 | BULLISH |
SLR Silver Lake Resources | 0.68 | 6.3 | 5,503,241 | 68 | BULLISH |
OGC Oceanagold Corporation | 4.73 | 6.3 | 557,211 | 68 | BULLISH |
MAH Macmahon | 0.26 | 6.1 | 4,352,517 | 52 | BULLISH |