Macquarie Radio Network (MRN)

Download button icon Download

Macquarie Radio Network (MRN): Signals

No data currently available.

data-ad-format="auto">

Explore Compare Share

TECHNICAL ANALYSIS SUMMARY

Macquarie Radio Network (MRN.AX)


Indicator:

DONCHIAN CHANNELS


Last Signal:

BEARISH


Trading: SELL @ $1.84
Signal Strength: STRONG
Recommendation:

Indicator is best used in conjunction with additional indicators as it has the ability to highlight potential overbought or oversold levels. This indicator utilizes upper and lower bands to visually represent price extremes associated with the bands. Additional value can be added to the trading strategy by accessing divergences between price and volume.


Macquarie Radio Network (ASX:MRN) is currently bearish highlighting the potential for a short term trend continuation in the downward direction.



The Donchian channel is a useful indicator for seeing the volatility of a market price. If a price is stable the Donchian channel will be relatively narrow. If the price fluctuates a lot the Donchian channel will be wider. The two outer bands are plotted as the highest high and lowest low for a set period originally 20 days with the optional middle band calculated as the average of the two.

Calculation: Donchian Channels:
1) Upper Channel = 20 Day High;
2) Lower Channel = 20 Day Low;
3) Middle Channel = (20 Day High + 20 Day Low)/2;


PROFILE: Macquarie Radio Network (MRN.AX)


Stock Exchange: ASX
Company: Macquarie Radio Network
Ticker Codes: | MRN.AX | ASX:MRN |

About Macquarie Radio Network (ASX:MRN):

Macquarie Media Limited engages in the radio and associated media activities in Australia. The company owns and operates 2GB and talking lifestyle Sydney radio stations in Sydney; 3AW and talking lifestyle Melbourne radio stations in Melbourne; 4BC and talking lifestyle Brisbane radio stations in Brisbane; and 6PR radio station in Perth. The company also owns and operates radio 1278 and 3AW in Melbourne, radio 4BC and Magic 882 in Brisbane, and radio 2UE in Sydney, as well as Buyradio and Harbour radio stations. It also engages in syndicating programming content and music distribution operations, as well as the production of digital and online media through its Websites. The company is headquartered in Pyrmont, Australia. Macquarie Media Limited is a subsidiary of Fairfax Media Limited.

Top 10:

Donchian Channels

Download button icon Download
Company Close Change (%) Volume Value Signal
ONE Oneview Healthcare 0.4 8.1 24,577 -34.21 BEARISH
EMH European Metals Holdings 0.3 7.1 10,000 -25 BEARISH
MLX Metals X 0.23 7.1 6,862,209 -38.24 BEARISH
SYR Syrah Resources 1.05 6.1 5,208,632 -36.41 BEARISH
ELD ELD 5.79 4.1 546,760 -18.22 BEARISH
AYS Amaysim Australia 0.62 3.3 186,514 -44.2 BEARISH
AIZ Air New Zealand 2.25 3.2 147,502 -32.98 BEARISH
NUF Nufarm 4.63 3.1 7,451,194 -18 BEARISH
RFG Retail Food 0.17 3.1 971,820 -38.89 BEARISH
PSQ Pacific Smiles 1.18 3.1 9,129 -31.58 BEARISH
back to top