Mg Unit Trust (MGC)

Download button icon Download

Mg Unit Trust (MGC): Signals

No data currently available.

data-ad-format="auto">

Explore Compare Share

TECHNICAL ANALYSIS SUMMARY

Mg Unit Trust (MGC.AX)


Indicator:

ACCUMULATION DISTRIBUTION


Last Signal:

BULLISH


Trading: HOLD @ $0.305
Signal Strength: MEDIUM
Recommendation:

Mg Unit Trust (ASX:MGC) current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the ADLINE is 1946.5. day. During the quarter, the highest ADLINE value was 74556.4.


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.


Accumulation/distribution (ADLINE) is a momentum indicator that attempts to gauge supply and demand by determining whether investors are generally accumulating or buying or distributing or selling a certain stock by identifying divergences between stock price and volume flow. The accumulation/distribution is calculated by first calculating the money flow multiplier then multiplying the money flow multiplier by the period’s volume.

Calculation: Accumulation Distribution Line:
1) Money Flow Multiplier = [(close - low) - (high - close)] / (high - low);
2) Money Flow Volume = Money Flow Multiplier x volume for the period;
3) Accumulation/Distribution= previous Accumulation/Distribution + current periods Money Flow Volume.


PROFILE: Mg Unit Trust (MGC.AX)


Stock Exchange: ASX
Company: Mg Unit Trust
Ticker Codes: | MGC.AX | ASX:MGC |

About Mg Unit Trust (ASX:MGC):

MG Unit Trust operates as a special purpose funding vehicle in Australia. It holds interest in subordinated notes and convertible preference shares issued by Murray Goulburn Co-operative Co. Limited. The company was founded in 2015 and is based in Southbank, Australia. MG Unit Trust is a subsidiary of Murray Goulburn Co-Operative Co. Limited.

Top 10:

Accumulation Distribution

Download button icon Download
Company Close Change (%) Volume Value Signal
LOV Lovisa 9.3 20.2 1,518,896 2,054.4 BULLISH
CTD Corporate Travel Management 28.81 14.7 1,727,133 119,421.9 BULLISH
EMH European Metals Holdings 0.4 14.3 44,010 7,772.5 BULLISH
SVW Seven Holdings 19.02 12.2 2,028,025 136,555.4 BULLISH
NWH NRW 2.28 9.6 3,181,761 610,646.2 BULLISH
NEA Nearmap 2.57 7.5 3,461,849 627,638.1 BULLISH
BFC Beston Global Food 0.16 6.9 222,535 30,393.4 BULLISH
GOR Gold Road Resources 0.85 6.3 2,511,753 3,516,116.4 BULLISH
SLR Silver Lake Resources 0.68 6.3 5,503,241 1,448,213.7 BULLISH
PRU Perseus Mining 0.44 6 5,131,036 460,423 BULLISH
back to top