Maxitra Industries (MXI)

Download button icon Download

Maxitra Industries (MXI): Signals

No data currently available.

data-ad-format="auto">

Explore Compare Share

TECHNICAL ANALYSIS SUMMARY

Maxitra Industries (MXI.AX)


Indicator:

ELDER RAY INDEX


Last Signal:

BULLISH


Trading: BUY @ $0.54
Signal Strength: MEDIUM
Recommendation:

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.


Maxitra Industries (ASX:MXI) Elder Ray Index is signalling a Bullish 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: Maxitra Industries (MXI.AX)


Stock Exchange: ASX
Company: Maxitra Industries
Ticker Codes: | MXI.AX | ASX:MXI |

About Maxitra Industries (ASX:MXI):

MaxiTRANS Industries Limited, together with its subsidiaries, designs, manufactures, sells, services, and repairs transport equipment, and related components and spare parts in Australia and New Zealand. It manufactures trailer brands, and urethane foam and body panels; supplies and distributes parts; provides service and repair support; and sells and finances new and used trailing equipment. The company's products include curtain sided trailers, flat top semis, and skeletal trailers; dry freight and temperature controlled vans; steel and aluminum semi tippers, B-doubles, side opening tippers, walking floors, and flat top trailers, as well as specialty units; and bowl door tippers, flex tippers, and high volume side tippers. It also provides temperature controlled (refrigerated) and dry freight rigid truck bodies; trailing transport equipment and solutions, such as lights, tools, oil and filters, axles, suspensions, and brakes; various components and consumables; and fiberglass panels, body kits, doors, and insulation foam products. In addition, the company is involved in the retail and wholesale of trailer and truck parts; and rental and hire of temperature controlled vans. MaxiTRANS Industries Limited sells its products under the Freighter, Maxi-CUBE, Hamelex White, Lusty EMS, AZMEB, Peki, TraileRentals, MaxiPARTS, Maxus, and PANELMasta brand names. It serves transport and logistics, fresh produce, food and beverage, building and construction, agriculture, and natural resources industries. The company was founded in 1946 and is headquartered in Derrimut, Australia.

Top 10:

Elder Ray Index

Download button icon Download
Company Close Change (%) Volume Value Signal
AXP Airxpanders Inc 0.04 13.9 692,845 -0.03 BEARISH
BFC Beston Global Food 0.17 10 198,167 -0.03 BEARISH
ALU Altium 23.9 8.5 644,934 -0.01 BEARISH
SXY Senex Energy 0.42 7.8 5,902,526 -0.02 BEARISH
EMH European Metals Holdings 0.41 6.5 10,000 -0.03 BEARISH
FXL Flexigroup 1.61 6.3 4,047,941 -0.01 BEARISH
PPS Praemium 0.85 6.3 913,618 -1.08 BEARISH
MNS Milnes Holdings 0.35 6.1 1,136,949 -0.01 BEARISH
GEM G8 Education 2.84 5.6 7,720,375 0 BEARISH
GWA GWA 2.74 4.6 601,679 -0.12 BEARISH
back to top