Magellan Financial (MFG)

Download button icon Download

Magellan Financial (MFG): Signals

No data currently available.

data-ad-format="auto">

Explore Compare Share

TECHNICAL ANALYSIS SUMMARY

Magellan Financial (MFG.AX)


Indicator:

ELDER RAY INDEX


Last Signal:

BULLISH


Trading: BUY @ $36.56
Signal Strength: MEDIUM
Recommendation:

Volatility indicators highlight potential moves of a stock which can either move sharply in the updwards or downwards direction. This indicator allows stocks to be compared on a level playing field to highlight high and low volatility. Normally, falling markets are more likely to be volatile than a rising markets due to the emotion that gets tied to trading. Use volatility indicators in conjunction with other indicators to reduce exposure to false moves.


Magellan Financial (ASX:MFG) Elder Ray Index is signalling a Bullish movement



A technical indicator developed by Alexander Elder that measures the amount of buying and selling pressure in the market. This indicator consists of two separate indicators known as bull power and bear power. These figures allow a trader to determine the position of the price relative to a certain exponential moving average (EMA).

Calculation: Elder Ray Index (ERI):
1) Bull Power = Daily High - n-period EMA;
2) Bear Power = Daily Low - n-period EMA;


PROFILE: Magellan Financial (MFG.AX)


Stock Exchange: ASX
Company: Magellan Financial
Ticker Codes: | MFG.AX | ASX:MFG |

About Magellan Financial (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.

Top 10:

Elder Ray Index

Download button icon Download
Company Close Change (%) Volume Value Signal
ISX Isignthis 0.28 7.7 2,060,941 0.19 BULLISH
GGG Greenland Minerals 0.06 5.8 1,288,826 0.01 BULLISH
MSB Mesoblast 1.48 5.7 2,811,226 0.03 BULLISH
GOR Gold Road Resources 0.95 5 3,711,948 0.17 BULLISH
CAJ Capitol Health 0.22 4.9 1,671,419 0.35 BULLISH
BRN Brainchip Holdings 0.06 4.9 803,599 0.07 BULLISH
RMS Ramelius Resources 0.78 4.7 12,120,343 0.05 BULLISH
AJX Alexium International 0.12 4.5 277,220 0.06 BULLISH
TPM Tpg Telecom 7.14 4.4 1,824,649 0.01 BULLISH
ALL Aristocrat Leisure 24.63 4.3 3,355,800 0.14 BULLISH
back to top