Maca (MLD)

Download button icon Download

Maca (MLD): Signals

No data currently available.

data-ad-format="auto">

Explore Compare Share

TECHNICAL ANALYSIS SUMMARY

Maca (MLD.AX)


Indicator:

DONCHIAN CHANNELS


Last Signal:

BULLISH


Trading: HOLD @ $0.985
Signal Strength: STRONG
Recommendation:

Indicator is best used in conjunction with additional indicators as it has the ability to highlight potential overbought or oversold levels. This indicator utilizes upper and lower bands to visually represent price extremes associated with the bands. Additional value can be added to the trading strategy by accessing divergences between price and volume.


Maca (ASX:MLD) is currently bullish highlighting the potential for a short term trend continuation in the upward direction.



The Donchian channel is a useful indicator for seeing the volatility of a market price. If a price is stable the Donchian channel will be relatively narrow. If the price fluctuates a lot the Donchian channel will be wider. The two outer bands are plotted as the highest high and lowest low for a set period originally 20 days with the optional middle band calculated as the average of the two.

Calculation: Donchian Channels:
1) Upper Channel = 20 Day High;
2) Lower Channel = 20 Day Low;
3) Middle Channel = (20 Day High + 20 Day Low)/2;


PROFILE: Maca (MLD.AX)


Stock Exchange: ASX
Company: Maca
Ticker Codes: | MLD.AX | ASX:MLD |

About Maca (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.

Top 10:

Donchian Channels

Download button icon Download
Company Close Change (%) Volume Value Signal
LYC Lynas Corporation 1.84 11.9 10,942,144 11.54 BULLISH
BGA Bega Cheese 5.09 7.4 1,107,047 37.43 BULLISH
NEC Nine Entertainment 1.49 7.2 17,312,234 8.06 BULLISH
ISU Iselect 0.8 6.7 159,619 5.56 BULLISH
JIN Jin 9.83 6.3 1,252,407 44.32 BULLISH
ONE Oneview Healthcare 0.48 5.6 567 24.44 BULLISH
MOY Millennium Minerals 0.21 5.1 741,093 11.9 BULLISH
DNK Danakali 0.76 4.9 425,514 50 BULLISH
PNR Pacific Niugini Minerals 0.24 4.3 220,033 9 BULLISH
BFC Beston Global Food 0.13 4.2 302,806 50 BULLISH
back to top