Millennium Minerals (MOY)

Download button icon Download

Millennium Minerals (MOY): Signals

No data currently available.

data-ad-format="auto">

Explore Compare Share

TECHNICAL ANALYSIS SUMMARY

Millennium Minerals (MOY.AX)


Indicator:

EASE OF MOVEMENT


Last Signal:

NEUTRAL


Trading: HOLD @ $0.2
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.


Millennium Minerals (ASX:MOY)


The Ease of Movement (EOM) is a technical momentum indicator that is used to illustrate the relationship between the rate of an assets price change and its volume. This indicator attempts to identify the amount of volume required to move prices. Generally a value greater than zero is an indication that the stock is being accumulated (bought) and negative values are used to signal increased selling pressure. A high positive value appears when prices move upward on low volume. Strong negative numbers indicate that price is moving downward on low volume.

Calculation: Ease of Movement (EOM):
1) Distance Moved = ((H + L)/2 - (Prior H + Prior L)/2);
2) Box Ratio = ((V/100 000 000)/(H - L));
3) 1-Period EMV = ((H + L)/2 - (Prior H + Prior L)/2) / ((V/100 000 000)/(H - L));
4) 14-Period Ease of Movement = 14-Period simple moving average of 1-period EMV


PROFILE: Millennium Minerals (MOY.AX)


Stock Exchange: ASX
Company: Millennium Minerals
Ticker Codes: | MOY.AX | ASX:MOY |

About Millennium Minerals (ASX:MOY):

Millennium Minerals Limited explores for, develops, mines, and processes gold properties in Australia. It holds a 100% interest in the Nullagine gold project that covers an area of 276 square kilometers located in the East Pilbara of Western Australia. The company is based in Belmont, Australia.

Top 10:

Ease of Movement

Download button icon Download
Company Close Change (%) Volume Value Signal
BFC Beston Global Food 0.19 12.1 205,454 0 NEUTRAL
SMX Sms Management & Technology 0.35 4.5 102,686 0 NEUTRAL
TRS Reject Shop 2.43 3.8 132,067 0 NEUTRAL
MAH Macmahon 0.26 2 1,152,052 0 NEUTRAL
EZL Euroz 1.14 1.8 1,000 0 NEUTRAL
FIG Freedom Insurance 0.06 1.7 208,320 0 NEUTRAL
NAB National Australia Bank 23.89 1.3 10,465,720 0 NEUTRAL
HOM Homeloans 0.54 0.9 42,500 0 NEUTRAL
CCL Coca-Cola Amatil 10.26 0.9 2,110,947 0 NEUTRAL
AEF Australian Ethical Investments 174 0.9 437 0 NEUTRAL
back to top