[BULLISH]: Mount Gibson Iron currently has positive Volume MACD of 246733. This means the signal line is greater than the Volume MACD line signalling a bullish movement.
Volume Moving Average Convergence/Divergence (VMACD) is an indicator that shows the relationship between two moving averages. It is calculated as a difference between the fast and slow moving averages. The historically popular is the difference between a securities 26-day and 12-day Exponential Moving Averages (EMA).
Calculation: Moving Average Convergence Divergence Volume (VMACD):
1) VMACD Line: (12-day EMA - 26-day EMA);
2) Signal Line: 9-day EMA of VMACD Line;
3) VMACD Histogram: VMACD Line - Signal Line;
PROFILE: Mount Gibson Iron (MGX.AX)
Stock Exchange: ASX
Company: Mount Gibson Iron
Ticker Codes: | MGX.AX | ASX:MGX |
Mount Gibson Iron Limited, together with its subsidiaries, engages in the mining, exploration, crushing, development, transportation, and sale of hematite iron ore deposits in Australia. The company primarily operates the Koolan Island hematite mine situated in the Kimberley coast of Western Australia; and the Extension Hill hematite project located in the Mount Gibson range in the mid-west region of Western Australia. Mount Gibson Iron Limited was founded in 1996 and is based in West Perth, Australia.
|SLR Silver Lake Resources||0.57||9.6||4,014,673||317,214||BULLISH|
|RMS Ramelius Resources||0.5||7.5||3,500,339||223,272||BULLISH|
|RND Rand Mining||4.03||6.1||33,780||2,867||BULLISH|
|CNI Centuria Capital||1.39||6.1||207,220||12,049||BULLISH|
|GOR Gold Road Resources||0.66||5.6||1,416,917||82,141||BULLISH|