Moving Average Envelopes are percentage-based envelopes set above and below a moving average. The moving average which forms the base for this indicator can be a simple or exponential moving average. Each envelope is then set the same percentage above or below the moving average. This creates parallel bands that follow price action. With a moving average as the base Moving Average Envelopes can be used as a trend following indicator.
Calculation: Moving Average Envelope:
1) Upper Envelope: 20-day SMA + (20-day SMA x .025);
2) Lower Envelope: 20-day SMA - (20-day SMA x .025);
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.
Moving Average EnvelopeDownload
|BKY Berkeley Resources||0.33||10||250,006||-108.11||BEARISH|
|SNZ Summerset Holdings||5.61||5.3||2,413||-42.66||BEARISH|
|OGC Oceanagold Corporation||4.13||3||934,700||-43.98||BEARISH|
|FOR Forager Australian Shares||1.33||2.3||32,063||-18.52||BEARISH|
|PMC Platinum Capital||1.57||2.3||362,854||-18.75||BEARISH|
|PNC Pioneer Credit||1.98||2.3||87,299||-91.74||BEARISH|