|Position||Trades||Duration||Win rate||Win/loss||Avg win||Avg loss||Return|
|Position||Trades||Duration||Win Rate||Win/Loss||Avg Win||Avg Loss||Return|
CHAIKIN MONEY FLOW
Trading: SELL @ $4.52
Signal Strength: MEDIUM
Nufarm (ASX:NUF) current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.16. NUF.AXThe bearish signal has been active for 1 day. During the quarter, the lowest CMF value was -0.18 occurring on the May 10 2019.
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.
Developed by Marc Chaikin, Chaikin Money Flow measures the amount of Money Flow Volume over a specific period. Money Flow Volume forms the basis for the Accumulation Distribution Line. Instead of a cumulative total of Money Flow Volume, Chaikin Money Flow simply sums Money Flow Volume for a specific look-back period, typically 20 or 21 days. The resulting indicator fluctuates above/below the zero line just like an oscillator. Chartists weigh the balance of buying or selling pressure with the absolute level of Chaikin Money Flow. Chartists can also look for crosses above or below the zero line to identify changes on money flow.
Calculation: Chaikin Money Flow (20):
1) Money Flow Multiplier = [(Close - Low) - (High - Close)] / (High - Low);
2) Money Flow Volume = Money Flow Multiplier x Volume for the Period;
3) 20-period CMF = 20-period Sum of Money Flow Volume / 20 period Sum of Volume;
PROFILE: Nufarm (NUF.AX)
Stock Exchange: ASX
Ticker Codes: | NUF.AX | ASX:NUF |
Nufarm Limited, together with its subsidiaries, manufactures and sells crop protection products in Australia, New Zealand, Asia, Europe, North America, Latin America, and internationally. It operates through two segments, Crop Protection and Seed Technologies. The company offers herbicides, insecticides, fungicides, and plant growth regulators to protect crops from damage caused by weeds, pests, and diseases. It also provides seeds and seed treatment products; and engages in croplands equipment business. The company is headquartered in Laverton North, Australia.
|GNG GR Engineering Services||0.95||9.8||41,600||-0.53||BEARISH|
|ALK Alkane Exploration||0.24||9.1||1,447,163||-0.34||BEARISH|
|OVH Onevue Holdings||0.49||8.9||426,122||-0.09||BEARISH|
|GGG Greenland Minerals||0.09||5.7||2,860,427||-0.06||BEARISH|
|YAL Yancoal Australia||3.47||5.2||43,359||-0.24||BEARISH|
|PNI Pinnacle Investment Management||5.76||4.9||395,332||-0.01||BEARISH|
|MTO Moto Goldmines||1.18||4.9||70,135||-0.04||BEARISH|
|BLX Beacon Lighting||1.1||4.8||93,953||-0.53||BEARISH|