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:

FIBONACCI FANS


Signal Strength: MEDIUM
Recommendation:

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading position.


Maca (ASX:MLD) : The current Fibonacci Fan levels are:
(23.61%) $1.79
: (38.2%) $1.9
: (50%) $1.96
: (61.8%) $2.03

The current support levels are:
(78.6%) $2.13
(100%) $2.26
(138.2%) $2.47
(161.8%) $2.6
(261.8%) $3.19
(423.61%) $4.12



Fibonacci Fan lines are trend lines based on Fibonacci retracement points. Rising fan lines extend up from a trough and pass through retracement based on the advance (trough to peak). These fan lines can then be used to estimate support levels or potential reversal zones. Falling fan lines extend down from a peak and pass through retracements based on the decline (peak to trough). These fan lines can then be used to estimate resistance levels or potential reversal zones. This article will explain the Fibonacci ratios and provide examples using Fibonacci Fans to project support and resistance.

Calculation: Fibonacci Fans:
1) Uptrend Fan line 1: Drawn from extreme low through 23.6% retracement level on “invisible” vertical line;
a) Fan line 2: Drawn from extreme low through 38.2% retracement level on “invisible” vertical line;
b) Fan line 3: Drawn from extreme low through 50% retracement level on “invisible” vertical line Fan line;
c) Drawn from extreme low through 61.8% retracement level on “invisible” line;
2)Downtrend Fan line 1: Drawn from extreme high through 23.6% retracement level on “invisible” vertical line;
a) Fan line 2: Drawn from extreme high through 38.2% retracement level on “invisible” vertical line;
b) Fan line 3: Drawn from extreme high through 50% low retracement level on “invisible” vertical line;
c) Fan line 4: Drawn from extreme high through 61.8% retracement level on “invisible” vertical line;


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:

Fibonacci Fans

Download button icon Download
Company Close Change (%) Volume Value Signal
DNA Donaco International 0.07 89.2 89,678,822 -0.22 BEARISH
ASG Autosports 1.2 14.3 17,656 -0.48 BEARISH
CUV Clinuvel Pharmaceuticals 17.98 9.6 39,812 -5.14 BEARISH
RAP Resapp Health 0.12 9.5 648,223 -0.07 BEARISH
NEC Nine Entertainment 1.63 8.3 13,131,540 -0.38 BEARISH
SYR Syrah Resources 1.81 8.1 2,657,646 -2.12 BEARISH
IFL Ioof Holdings 4.83 7.3 4,622,897 -9.12 BEARISH
LAU Lindsay Australia 0.38 7.1 78 -0.26 BEARISH
KSC K&S Corporation 1.46 6.6 5,143 -0.15 BEARISH
NTC Netcomm 0.73 6.6 269,340 -0.29 BEARISH
back to top