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

[BULLISH]: Magellan Financial 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
TBR Tribune Resources 10.5 50 20,514 0.06 BULLISH
CLQ Clean Teq Holdings 0.53 15.2 4,429,067 0.03 BULLISH
TWR Tower 0.74 13.1 1,300 0.01 BULLISH
DNA Donaco International 0.19 12.1 124,948 0.1 BULLISH
ALK Alkane Exploration 0.26 8.3 1,267,384 0 BULLISH
ASL Ausdrill 1.75 6.1 5,267,504 0.01 BULLISH
SVW Seven Holdings 22.5 6 2,742,176 0 BULLISH
NST Northern Star Resources 8.98 5.8 5,695,366 0.16 BULLISH
ORE Orocobre 3.84 5.5 1,717,171 0.11 BULLISH
MLX Metals X 0.59 5.4 1,316,606 0.11 BULLISH
back to top