Moto Goldmines (MTO)

Download button icon Download

Moto Goldmines (MTO): Signals

No data currently available.

data-ad-format="auto">

Explore Compare Share

TECHNICAL ANALYSIS SUMMARY

Moto Goldmines (MTO.AX)


Indicator:

COMMOIDITY CHANNEL INDEX


Last Signal:

BEARISH


Trading: SELL @ $2.38
Signal Strength: MEDIUM
Recommendation:

Moto Goldmines (ASX:MTO) current trading has maintained the Commodity Channel Index to overbought status and signalled the continuation of the bearish trading conditions. Currently, the CCI is -47. The bearish signal has been active for 31 days. During the quarter, the highest CCI value was 58.


Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading exit. 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 Commodity Channel Index indicator takes a security’s change in price and compares that to its average change in price. CCIs calculation produces positive and negative values that oscillate above and below a Zero Line. Typically a value of 100 is identified as overbought and a reading of -100 is identified as being oversold.

Calculation: 20 Period CCI:
1) CCI = (Typical Price - 20 Period SMA of TP) / (.015 x Mean Deviation);
2) Typical Price (TP) = (High + Low + Close)/3;


PROFILE: Moto Goldmines (MTO.AX)


Stock Exchange: ASX
Company: Moto Goldmines
Ticker Codes: | MTO.AX | ASX:MTO |

About Moto Goldmines (ASX:MTO):

MotorCycle Holdings Limited operates as a motorcycle dealer in Australia. The company is involved in the sale of new motorcycles, used motorcycles, and accessories and parts; and finance, insurance, and warranty activities, as well as service and repair of motorcycles. It operates 34 franchises operated from 24 locations in Queensland, New South Wales, and the Australian Capital Territory. The company also owns and operates a rider training school and a motorcycle repair business that performs smash repair work for insurers. MotorCycle Holdings Limited was founded in 1989 and is based in Slacks Creek, Australia.

Top 10:

Commodity Channel Index

Download button icon Download
Company Close Change (%) Volume Value Signal
TRS Reject Shop 2.34 15.8 571,078 -40 BEARISH
OMH OM Holdings 1.49 7.2 432,734 -16 BEARISH
LVH Livehire 0.41 6.5 443,661 -8 BEARISH
IPD Impedimed 0.37 5.8 54,471 -98 BEARISH
FIG Freedom Insurance 0.06 5.5 1,770,306 -77 BEARISH
PRU Perseus Mining 0.39 5.5 2,038,869 -3 BEARISH
RUL Runge 0.61 4.3 44,514 -41 BEARISH
CTD Corporate Travel Management 21.84 3.9 1,222,807 -63 BEARISH
KGN Kogan 2.82 3.7 1,363,532 -68 BEARISH
OSP Osprey Medical 0.15 3.4 156,194 -87 BEARISH
back to top