Myob (MYO)

Download button icon Download

Myob (MYO): Signals

No data currently available.

data-ad-format="auto">

Explore Compare Share

TECHNICAL ANALYSIS SUMMARY

Myob (MYO.AX)


Indicator:

SINE WEIGHTED MOVING AVERAGE


Last Signal:

BULLISH


Trading: BUY @ $3.37
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.


Myob (ASX:MYO) 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 0.0%.



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: Myob (MYO.AX)


Stock Exchange: ASX
Company: Myob
Ticker Codes: | MYO.AX | ASX:MYO |

About Myob (ASX:MYO):

MYOB Group Limited develops and publishes software in Australia and New Zealand. It operates through three segments: Clients and Partners, Enterprise Solutions, and Payment Solutions. The Clients and Partners segment offers accounting, payroll, tax, and other business management solutions that assist in the management of small and medium enterprise (SME) businesses; and completion of compliance, including tax and accounting through advisers. It provides its solution for SMEs and advisers, with secure bank transaction data from banks and other financial institutions, as well as accounting professionals in practice. The Enterprise Solutions segment offers business management software, such as enterprise resource planning, payroll and human capital management, and human resource management solutions for medium and large businesses. The Payment Solutions segment provides payment solutions for businesses of various sizes comprising payment gateway services, fraud management, merchant service facilities, and invoice payments. It also offers support, training, and services to SMEs and accounting professionals in practice. The company also provides practice management, job costing, inventory, and others services. It offers its support services through client service channels comprising a network of accountants, bookkeepers, and other consultants. The company was founded in 1991 and is based in Glen Waverley, Australia.

Top 10:

Sine Weighted Moving Average

Download button icon Download
Company Close Change (%) Volume Value Signal
GSW Getswift 0.49 19.5 394,220 23.4 BULLISH
GZL Gazal Corporation 4.29 19.2 52,882 27.7 BULLISH
KGN Kogan 4.57 15.1 2,758,211 36.5 BULLISH
IRI Integrated Research 2.49 8.3 567,896 28.5 BULLISH
MCP Mcphersons 1.35 7.2 347,846 8.1 BULLISH
FSA FSA 1.13 6.1 36,905 8.3 BULLISH
SFR Sandfire Resources 7.06 6 1,338,899 7.8 BULLISH
OPT Opthea 0.72 5.9 76,223 19 BULLISH
CCP Credit Corp 21.16 5.3 229,040 8.4 BULLISH
KDR Kidman Resources 1.23 5.2 2,238,007 10.8 BULLISH
back to top