|Position||Trades||Duration||Win rate||Win/loss||Avg win||Avg loss||Return|
|Position||Trades||Duration||Win Rate||Win/Loss||Avg Win||Avg Loss||Return|
My Net Fone (MNF.AX)
DAILY VOLUME INDEX
Trading: SELL @ $4.63
Signal Strength: STRONG
My Net Fone (ASX:MNF) current price has highlighted the commencement of distribution and the start of bearish trading conditions. Currently, the DVI is -146.
A bearish crossover has been confirmed due the last trading session with is a strong indication of a diretional change. This indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. 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 daily volume index (DVI) is the amount of individual securities traded in a day on average over a specified period of time. Trading activity relates to the liquidity of a security. When average daily trading volume is high the stock can be easily traded and has high liquidity if trading volume is not very high and the security will tend to be less expensive because people are not as willing to buy it. As a result average daily trading volume can have an effect on the price of the security.
Calculation: Daily Volume Index (DVI):
1) [Close]-[Average price] / [Average price] x [Volume];
PROFILE: My Net Fone (MNF.AX)
Stock Exchange: ASX
Company: My Net Fone
Ticker Codes: | MNF.AX | 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.
|LOV Lovisa||12.02||3.4||137,948||-105||BEARISH CROSSOVER|
|JBH Jb Hi-Fi||38.08||1.7||429,603||-208||BEARISH CROSSOVER|
|CIM Cimic||32.9||1.2||250,269||-40||BEARISH CROSSOVER|
|WOW Woolworths||38.36||0.9||1,250,199||-546||BEARISH CROSSOVER|
|SGF SG Fleet||2.68||0.8||338,167||-58||BEARISH CROSSOVER|
|MLT Milton Corporation||4.88||0.6||120,078||-14||BEARISH CROSSOVER|
|BWP Bunnings Warehouse Property Trust||4.24||0.5||749,374||-149||BEARISH CROSSOVER|
|SGP Stockland||4.98||0.4||3,736,396||-938||BEARISH CROSSOVER|
|ORI Orica||23.04||0.3||582,123||-20||BEARISH CROSSOVER|
|TAH Tabcorp Holdings||4.69||0.2||3,397,122||-39||BEARISH CROSSOVER|