Monash IVF

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%

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Company

Indicator

Code Company Date Close Change Indicator Value Signal

Trading Performance

Accumulation Distribution

Score

0.6

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 15 26.3 0.40% 0.67% 4.7% -2.5% 5.8%
SHORT 15 31.0 0.40% 0.60% 12.4% -3.4% 40.1%

Summary

Technical Analysis

Monash IVF (MVF.AX)


Indicator:

ACCUMULATION


Last Signal:

BEARISH


Trading: SELL @ $0.995
Signal Strength: MEDIUM
Recommendation:

Monash IVF (ASX:MVF) current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the ADLINE is -367844. day. During the quarter, the lowest ADLINE value was -367844.


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.


Accumulation/distribution (ADLINE) is a momentum indicator that attempts to gauge supply and demand by determining whether investors are generally accumulating or buying or distributing or selling a certain stock by identifying divergences between stock price and volume flow. The accumulation/distribution is calculated by first calculating the money flow multiplier then multiplying the money flow multiplier by the period’s volume.

Calculation: Accumulation Distribution Line:
1) Money Flow Multiplier = [(close - low) - (high - close)] / (high - low);
2) Money Flow Volume = Money Flow Multiplier x volume for the period;
3) Accumulation/Distribution= previous Accumulation/Distribution + current periods Money Flow Volume.


PROFILE: Monash IVF (MVF.AX)


Stock Exchange: ASX
Company: Monash IVF
Ticker Codes: | MVF.AX | ASX:MVF |

About Monash IVF (ASX:MVF):

Monash IVF Group Limited provides human fertility, assisted reproductive, and specialist women imaging services in Australia and Malaysia. It provides low intervention IVF services, fertility center services, fertility research and treatment services, tertiary level prenatal diagnostic services, and diagnostic ultrasound services. The company operates 22 fertility clinics, 17 specialist women's imaging sites, 5 service centers, 2 specialized diagnostic laboratories, and 2 day hospitals. The company was incorporated in 2014 and is based in Richmond, Australia.

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