Medical Developments (MVP)

Download button icon Download

Medical Developments (MVP): Signals

No data currently available.

data-ad-format="auto">

Explore Compare Share

TECHNICAL ANALYSIS SUMMARY

Medical Developments (MVP.AX)


Indicator:

SINE WEIGHTED MOVING AVERAGE


Last Signal:

BULLISH


Trading: BUY @ $3.96
Signal Strength: STRONG
Recommendation:

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has the ability to highlight trends across numerous timeframes. This indicator has the ability to smooth historical results to illustrate trend initiation and status. Although this is a simple trend following indicator & can provide good results when coupled with the right indicator. Note, this indicator does not work well in ranging markets producing unwanted whipsaws and false signals.


Medical Developments (ASX:MVP) currently has a confirmed uptrend. Recent trading has caused the SWMA 15 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SWMA15 is 2.9%.



A Sine wave is a smooth repetitive oscillation that shifts between a high of y and a low of -y. A SW-MA takes its weighting from the first half of a Sine wave cycle so the largest weighting is given to the data in the middle. The result is very similar to the Triangular Moving Average (Tri-MA) but much more difficult to calculate.

Calculation: Sine Weighted Moving Average (SWMA):
1) PI:=3.14;
2) SD:=180/6;
3) S1:=Sin(1*180/6)*C;
4) S2:=Sin(2*180/6)*Ref(C -1);
5) S3:=Sin(3*180/6)*Ref(C -2);
6) S4:=Sin(4*180/6)*Ref(C -3);
7) S5:=Sin(5*180/6)*Ref(C -4);
8) Num:=S1+S2+S3+S4+S5;
9) Den:=Sin(SD)+Sin(2*SD)+Sin(3*SD)+Sin(4*SD)+Sin(5*SD);
10) SWMA=Num/Den


PROFILE: Medical Developments (MVP.AX)


Stock Exchange: ASX
Company: Medical Developments
Ticker Codes: | MVP.AX | ASX:MVP |

About Medical Developments (ASX:MVP):

Medical Developments International Limited manufactures and distributes pharmaceutical drugs, and medical and veterinary equipment. The company operates in three segments: Pharmaceuticals, Medical Devices, and Veterinary products. It offers asthma and COPD pressurized metered dose inhalers, as well as masks and peak flow meters for asthma management; Penthrox, a prescription only medicine for acute pain; medical devices; and various veterinary anesthetic machines to veterinarians. The company operates in Australia, Europe, North America, the Middle East, Asia, and South Africa. Medical Developments International Limited is headquartered in Scoresby, Australia.

Top 10:

Sine Weighted Moving Average

Download button icon Download
Company Close Change (%) Volume Value Signal
EMH European Metals Holdings 0.4 14.3 44,010 17.4 BULLISH
SVW Seven Holdings 19.02 12.2 2,028,025 1.3 BULLISH
AGG Anglogold Ashanti 4.16 8.3 21,558 7.6 BULLISH
ORE Orocobre 3.2 7.4 2,255,245 4.5 BULLISH
RSG Resolute Mining 1.15 6.5 9,128,506 3.9 BULLISH
SLR Silver Lake Resources 0.68 6.3 5,503,241 1.9 BULLISH
OGC Oceanagold Corporation 4.73 6.3 557,211 3.1 BULLISH
MAH Macmahon 0.26 6.1 4,352,517 0.6 BULLISH
PRU Perseus Mining 0.44 6 5,131,036 1.4 BULLISH
CIA Champion Iron 1.59 5.7 299,939 0.6 BULLISH
back to top