My Net Fone

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%

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Trading Performance

Commodity Channel Index

Score

0.85

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 48 7.6 0.60% 1.38% 2.9% -3.4% 13.0%
SHORT 48 9.3 0.60% 1.38% 3.2% -2.7% 34.7%

Summary

Technical Analysis

My Net Fone (MNF.AX)


Indicator:

COMMOIDITY CHANNEL INDEX


Last Signal:

BEARISH


Trading: SELL @ $3.81
Signal Strength: MEDIUM
Recommendation:

My Net Fone (ASX:MNF) current trading has maintained the Commodity Channel Index to overbought status and signalled the continuation of the bearish trading conditions. Currently, the CCI is -90. The bearish signal has been active for 30 days. During the quarter, the highest CCI value was 391.


Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading exit. Indicator can be applied to the short/medium term timeframe, but the best results are obtained with larger cyclical swings in-line with the trend direction. This accumulation / distribution oscillator can provide guidance on the money flow direction from the companies recent trading.


The Commodity Channel Index indicator takes a security’s change in price and compares that to its average change in price. CCIs calculation produces positive and negative values that oscillate above and below a Zero Line. Typically a value of 100 is identified as overbought and a reading of -100 is identified as being oversold.

Calculation: 20 Period CCI:
1) CCI = (Typical Price - 20 Period SMA of TP) / (.015 x Mean Deviation);
2) Typical Price (TP) = (High + Low + Close)/3;


PROFILE: My Net Fone (MNF.AX)


Stock Exchange: ASX
Company: My Net Fone
Ticker Codes: | MNF.AX | ASX:MNF |

About My Net Fone (ASX:MNF):

MNF Group Limited provides voice, data, and cloud based communication and communication enablement services to residential, business, government, and wholesale customers in Australia and internationally. It operates through three segments: Australian Domestic Retail; Australia/New Zealand Domestic Wholesale; and Global Wholesale. The company's products include MyNetFone that provides voice and Internet services; Symbio Networks, which offers IP voice carriage services and software through in-country voice infrastructure and platforms; Connexus corporate connectivity and cloud services; and CallStream that provides inbound business phone numbers. The company's products also iBoss, a software-as-a-service platform, which enables anyone to start and scale their own telecommunications business; TollShield, a real-time toll fraud mitigation software for networks and carriers; Pennytel, a VoIP home phone and ADSL Internet service provider; The Buzz, a money-saving budget home phone for PSTN customers; and OpenCA Softswitch delivers converged voice, data, and multi-media services for carriers and enterprises. It is also involved in the sale of audio conferencing and collaboration services to business customers; and the provision of hardware, equipment, and consulting services to support its products. The company was formerly known as My Net Fone Limited and changed its name to MNF Group Limited in October 2015. The company was founded in 2004 and is headquartered in Sydney, Australia.

Top 10:

Commodity Channel Index

Download
Company Close Change(%) Volume Value Signal
SMN Structural Monitoring Systems 0.76 7.8 422,370 -125 BULLISH
FMG Fortescue Metals 8.8 5.4 17,285,949 83 BULLISH
EVT Event Hospitality And Entertainment 12.73 3.9 92,164 -116 BULLISH
GAP Gale Pacific 0.33 3.2 239,970 81 BULLISH
AUB Austbrokers Holdings 10.69 3.2 190,235 -147 BULLISH
RAP Resapp Health 0.18 2.9 1,029,827 98 BULLISH
SFR Sandfire Resources 6.61 2.8 704,464 80 BULLISH
AYS Amaysim Australia 0.74 2.8 70,107 54 BULLISH
WHC Whitehaven Coal 3.75 2.7 8,139,004 -105 BULLISH
MNS Milnes Holdings 0.19 2.7 69,994 -155 BULLISH