MARKET FACILITATION INDEX
Trading: SELL @ $5.23
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.
Navitas (ASX:NVT) Currently is a confirmed Fake Day.
The Market Facilitation Index is designed for evaluation the willingness of the market to move the price. The indicators absolute values alone cannot provide any trading signals unlike its dynamics in relation to the dynamics of the volume.
Calculation: Bill Williams Market Facilitation Index:
1) Green bar - both MFI and volume are up. Increasing trading activity means market movement acceleration;
2) Blue bar - MFI indicator is up volume is down. The movement is continuing although the volume has dropped. The trend will soon be reversing;
3) Pink bar - MFI indicator is down volume is up. The slowing down movement while volume is raising may indicate a possible break through often a U-turn;
4) Brown bar - both MFI and volume are down. The market is no longer interested in the current direction and is looking for signs of a future development;
PROFILE: Navitas (NVT.AX)
Stock Exchange: ASX
Ticker Codes: | NVT.AX | ASX:NVT |
Navitas Limited provides educational services for students and professionals in Australia, the United Kingdom, Europe, Asia, Canada, the United States, and internationally. It operates through University Partnerships and Careers & Industry segments. The University Partnerships segment offers pre-university and university pathway programs that focus on providing pre and first-year university courses to international students who do not qualify for direct entry to partner universities due to either language or academic record. The Careers & Industry segment delivers education programs in the area of creative media, including audio, film, and multimedia courses; and English language tuition and jobs skills training services, as well as higher and vocational education services in health, security, and psychology. The company was founded in 1994 and is headquartered in Perth, Australia.
Bill Williams Market IndexDownload
|GGG Greenland Minerals||0.1||16.3||5,387,397||-1||BEARISH|
|BAL Bellamys Australia||9.18||12.5||2,509,847||-1||BEARISH|
|MNS Milnes Holdings||0.31||8.9||461,897||-1||BEARISH|
|GSC Global Geoscience||0.26||8.3||3,871,071||-1||BEARISH|
|PME Pro Medicus||10.28||7||190,192||-1||BEARISH|
|BGA Bega Cheese||6.51||5.7||1,484,538||-1||BEARISH|
|GRR Grange Resources||0.21||5||1,062,490||0||BEARISH|
|IRI Integrated Research||2.62||4.8||111,925||-1||BEARISH|