Milnes Holdings

What indicators would you like to setup a trade for?

Candlestick Daily volume index Bar reversal Edit

Trade setup

Position Order Entry Exit Stop Loss Risk Return Expectancy
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?

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%

Company

Indicator

Code Company Date Close Change Indicator Value Signal

Trading Performance

Bill Williams Market Index

Score

0.0

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 40 4.0 0.55% 0.76% 2.3% -2.8% -32.1%
SHORT 41 15.7 0.61% 1.32% 8.1% -7.4% 62.8%

Summary

Technical Analysis

Milnes Holdings (MNS.AX)


Indicator:

MARKET FACILITATION INDEX


Last Signal:

BEARISH


Trading: SELL @ $0.16
Signal Strength: MEDIUM
Recommendation:

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.


Milnes Holdings (ASX:MNS) Currently is a confirmed Fake Day.



The Market Facilitation Index is designed for evaluation the willingness of the market to move the price. The indicators absolute values alone cannot provide any trading signals unlike its dynamics in relation to the dynamics of the volume.

Calculation: Bill Williams Market Facilitation Index:
1) Green bar - both MFI and volume are up. Increasing trading activity means market movement acceleration;
2) Blue bar - MFI indicator is up volume is down. The movement is continuing although the volume has dropped. The trend will soon be reversing;
3) Pink bar - MFI indicator is down volume is up. The slowing down movement while volume is raising may indicate a possible break through often a U-turn;
4) Brown bar - both MFI and volume are down. The market is no longer interested in the current direction and is looking for signs of a future development;


PROFILE: Milnes Holdings (MNS.AX)


Stock Exchange: ASX
Company: Milnes Holdings
Ticker Codes: | MNS.AX | ASX:MNS |

About Milnes Holdings (ASX:MNS):

Magnis Resources Limited explores for and develops mineral properties in Australia and East Africa. The company explores for natural flake graphite for use in various industries primarily batteries for storing electrical energy. Its flagship project includes the Nachu graphite project located in south east Tanzania. The company was formerly known as Uranex Limited and changed its name to Magnis Resources Limited in September 2014. Magnis Resources Limited was incorporated in 2005 and is headquartered in Sydney, Australia.

Top 10:

Bill Williams Market Index

Download
Company Close Change(%) Volume Value Signal
RCT Reef Casino 2.45 8.9 906 0 NEUTRAL
EVO Evolve Education 0.13 8.7 2,297,541 0 NEUTRAL
GNG GR Engineering Services 0.82 7.2 8,204 0 NEUTRAL
MLX Metals X 0.19 5.7 27,399,163 0 NEUTRAL
VRT Virtus Health 4.41 5.5 447,549 0 NEUTRAL
CDV Cardinal Resources 0.4 5.3 352,093 0 NEUTRAL
VRL Village Roadshow 3.1 4.7 145,297 0 NEUTRAL
ISD Isentia 0.38 4.2 325,358 0 NEUTRAL
IFL Ioof Holdings 7.3 3.5 4,728,089 0 NEUTRAL
BBN Baby Bunting 3.48 3.3 830,020 0 NEUTRAL