Candlestick Daily volume index Bar reversal Edit

Backtest results

Position Trades Duration Win rate Win/loss Avg win Avg loss Return
Long 10 4.5 20% 25% 1.6% -0.8% -3.4%
Short 5 4.2 40% 67% 1.9% -3.2% -5.9%

What indicators would you like to backtest?

Company

Indicator

Code Company Date Close Change Indicator Value Signal

Trading Performance

Money Flow Index

Score

-1.1

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 2 64.0 0.00% 0.00% 0.0% -9.8% -19.5%
SHORT 2 321.5 0.50% 1.00% 34.4% -30.1% 4.3%

Summary

Technical Analysis

[NEUTRAL]: Maca current trading has closed out money flow index overbought status and signalled the initiation of normal trading conditions. Currently, the MFI is 25.63. The previous bearish signal was active for 0 days. During the quarter, the highest MFI value was 70.16.


Money Flow Index (MFI) is a volume-based indicator it could be used in technical analysis to measure the strength of money flow in and out of a security index and market. The principle of MFI calculation is a comparison of positive money flow to negative money flow. MFI is also known as volume-weighted RSI. MFI starts with the typical price for each period. The same as RSI the MFI scale is between 0 and 100.

Calculation: Money Flow Index (MFI):
1) Typical Price = (High + Low + Close)/3;
2) Raw Money Flow = Typical Price x Volume;
3) Money Flow Ratio = (14-period Positive Money Flow)/(14-period Negative Money Flow);
4) Money Flow Index = 100 - 100/(1 + Money Flow Ratio)


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:

Money Flow Index

Download
Company Close Change(%) Volume Value Signal
CCP Credit Corp 27.27 13.3 452,171 65.18 NEUTRAL
AFL ASX 50 0.2 11.1 4,347 46.45 NEUTRAL
BBN Baby Bunting 2.7 11.1 2,595,338 52.16 NEUTRAL
ATL ASX 20 0.43 10.4 117,204 43.31 NEUTRAL
SUL Super Cheap Auto 9.75 7.9 2,023,965 47.04 NEUTRAL
SWM Seven West Media 0.4 6.7 22,528,171 45.65 NEUTRAL
SGR The Star Entertainment 3.79 5.9 14,342,914 65.77 NEUTRAL
EWC Energy World Corporation 0.07 5.8 402,315 44.03 NEUTRAL
DNK Danakali 0.67 4.7 143,231 42.45 NEUTRAL
AHG Advance Healthcare 3.21 4.6 663,989 73.29 NEUTRAL