ELDERS FORCE INDEX
Trading: HOLD @ $1.15
Signal Strength: MEDIUM
Volatility indicators highlight potential moves of a stock which can either move sharply in the updwards or downwards direction. This indicator allows stocks to be compared on a level playing field to highlight high and low volatility. Normally, falling markets are more likely to be volatile than a rising markets due to the emotion that gets tied to trading. Use volatility indicators in conjunction with other indicators to reduce exposure to false moves.
Elders Force Index (EFI) measures the power behind a price movement using price and volume. The indicator can also be used to identify potential reversals and price corrections. The EFI is an oscillator that fluctuates between positive and negative values above and below a Zero Line.
Calculation: Elders Force Index (EFI):
1) Close – Close yesterday x Volume;
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.
Elder's Force IndexDownload
|KMD Kathmandu||2.69||1.5||206,501||-91||BEARISH CROSSOVER|
|GMA Genworth Mortgage Insurance Australia||2.32||0.9||1,037,048||-44,377||BEARISH CROSSOVER|
|SCP Shopping Centres Australasia Property||2.4||0.8||5,085,100||-3,262||BEARISH CROSSOVER|
|TGA Thorn||0.61||0||102,506||-29||BEARISH CROSSOVER|
|ONE Oneview Healthcare||1.4||0||0||-69||BEARISH CROSSOVER|
|AIZ Air New Zealand||2.66||0||100,499||-330||BEARISH CROSSOVER|
|AMH Amcil||0.89||0||51,286||-70||BEARISH CROSSOVER|
|APZ Aspen||0.97||0||0||-4,060||BEARISH CROSSOVER|
|CMA Centuria Metropolitan||2.42||-0.4||424,419||-2,068||BEARISH CROSSOVER|
|PHI Phileo Australia||13.85||-0.4||51,100||-108||BEARISH CROSSOVER|