|Position||Trades||Duration||Win rate||Win/loss||Avg win||Avg loss||Return|
|Position||Trades||Duration||Win Rate||Win/Loss||Avg Win||Avg Loss||Return|
RATE OF CHANGE
Trading: SELL @ $1
Signal Strength: MEDIUM
Maca (ASX:MLD) currently has negative rate of change of -3.846%. This means the current price is less than the price 14 days ago and therefore losing momentum.
Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has the ability to detect the speed of movement & give an early signal for a potential movement. By understanding the rate at which the price is moving in respect to the stocks historical trades, enables positions to be set in place based on changes in the speed of movement
Rate of Change (ROC) is a refinement of Momentum - readings fluctuate as percentages around the zero line. The indicator is designed for use in ranging markets - to detect trend weakness and likely reversal points. However when combined with a trend indicator it can be used in trending markets.
Calculation: Rate of Change (ROC):
1) (Closing Price [today] - Closing Price [n days ago]) / Closing Price [n days ago] * 100
PROFILE: Maca (MLD.AX)
Stock Exchange: ASX
Ticker Codes: | MLD.AX | ASX:MLD |
MACA Limited operates as a mining, civil construction, and road infrastructure company in Australia and Brazil. The company offers loading and hauling services; and drilling and blasting services, including production drilling and blasting for surface mining operations or quarries, pre-split drilling, contour drilling and pioneering, blast hole sample drilling, probe drilling, pre-split and final wall blasting, drill and blast design, blasting solutions for civil construction, and controlled blasting. It also provides crushing and screening services to deliver tailored screening and sizing solutions, as well as materials handling solutions. In addition, the company offers civil road and infrastructure asset management and maintenance services, including roads construction and maintenance, design and construction of bridges, and parks and gardens management services, as well as vegetation management, verge work, heavy lifts and safety barrier, and specialist services to government organizations. MACA Limited was incorporated in 2002 and is headquartered in Welshpool, Australia.
|SIV Silver Chef||0.78||12.3||85,606||-1.9||BEARISH|
|BRN Brainchip Holdings||0.04||10||1,340,076||-18.52||BEARISH|
|TLG Talga Gold||0.6||9.1||1,412,386||-3.23||BEARISH|
|MVP Medical Developments||5.45||7.9||76,687||-1.63||BEARISH|
|ABC Adelaide Brighton||4.38||6.3||4,706,429||-0.68||BEARISH|
|DFM Dongfang Modern Agriculture||0.85||4.3||143,638||-1.17||BEARISH|
|OSP Osprey Medical||0.12||4.3||46,313||-7.69||BEARISH|
|AKP Audio Pixels Holdings||19.99||4.1||5,459||-0.05||BEARISH|