Monash IVF (MVF.AX)
ELDER RAY INDEX
Trading: SELL @ $0.95
Signal Strength: MEDIUM
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.
Monash IVF (ASX:MVF) Elder Ray Index is signalling a Bearish movement
A technical indicator developed by Alexander Elder that measures the amount of buying and selling pressure in the market. This indicator consists of two separate indicators known as bull power and bear power. These figures allow a trader to determine the position of the price relative to a certain exponential moving average (EMA).
Calculation: Elder Ray Index (ERI):
1) Bull Power = Daily High - n-period EMA;
2) Bear Power = Daily Low - n-period EMA;
PROFILE: Monash IVF (MVF.AX)
Stock Exchange: ASX
Company: Monash IVF
Ticker Codes: | MVF.AX | 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.
Elder Ray IndexDownload
|GRR Grange Resources||0.22||7.5||5,343,790||0.05||BULLISH|
|SYR Syrah Resources||2.04||5.7||1,482,815||0.01||BULLISH|
|AUB Austbrokers Holdings||12.19||4.1||207,002||0.19||BULLISH|
|MNS Milnes Holdings||0.35||3||608,253||0.21||BULLISH|
|SDA Speedcast International||3.05||3||1,391,832||0.08||BULLISH|
|MNF My Net Fone||4.22||2.9||934,291||0.21||BULLISH|
|GBT Gbst Holdings||1.42||2.5||1,607,388||0.01||BULLISH|