Trading: SELL @ $1.78
Signal Strength: STRONG
Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has been constructed to highlight the existence of a trend for an assocaited timeframe. Trend determining indicators can be used in short, medium or long term timeframes & determines if the stock is trending or ranging. Once the trend status is quantified, this can then be coupled to additional indicators to add a significant advantage to the trading strategy.
Money3 (ASX:MNY) has a current ARU(25) of 4 and a current ARD(25) of 52
The Aroon Oscillator is the difference between Aroon-Up and Aroon-Down. These two indicators are usually plotted together for easy comparison but chartists can also view the difference of these two indicators with the Aroon Oscillator. This indicator fluctuates between -100 and +100 with zero as the middle line.
Calculation: Aroon Oscillator (ARO) :
1) Aroon Up = 100 x (25 - Days Since 25-day High)/25;
2) Aroon Down = 100 x (25 - Days Since 25-day Low)/25;
3) Aroon Oscillator = Aroon-Up - Aroon-Down;
PROFILE: Money3 (MNY.AX)
Stock Exchange: ASX
Ticker Codes: | MNY.AX | ASX:MNY |
Money3 Corporation Limited, a finance company, provides secured and unsecured personal loans in Australia. The company offers small cash and personal loans, and car loans and vehicle finance services, as well as cheque cashing services. Its vehicle loans include loans for cars, bikes, boats, trucks, tractors, and various vehicle repairs. The company provides loans through brokers and branches, as well as online. It operates 53 branches in Victoria, New South Wales, South Australia, Queensland, and Tasmania. The company is headquartered in Bundoora, Australia.
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