[BEARISH]: Oneview Healthcare current trading has maintained the money flow index overbought status and signalled the continuation of the bearish trading conditions. Currently, the MFI is 18.33. The bearish signal has been active for 0 days. During the quarter, the highest MFI value was 18.33.
Money Flow Index (MFI) is a volume-based indicator it could be used in technical analysis to measure the strength of money flow in and out of a security index and market. The principle of MFI calculation is a comparison of positive money flow to negative money flow. MFI is also known as volume-weighted RSI. MFI starts with the typical price for each period. The same as RSI the MFI scale is between 0 and 100.
[Calculation] Money Flow Index (MFI):
1) Typical Price = (High + Low + Close)/3;
2) Raw Money Flow = Typical Price x Volume;
3) Money Flow Ratio = (14-period Positive Money Flow)/(14-period Negative Money Flow);
4) Money Flow Index = 100 - 100/(1 + Money Flow Ratio)
Money Flow IndexDownload
|Company||Close||Close Change (%)||Volume||Value||Signal|
|ARA Ariadne Australia||0.71||7.6||441,553||23.63||NEUTRAL|
|MGC Mg Unit Trust||0.33||4.8||615,817||70.71||NEUTRAL|
|MLX Metals X||0.67||4.7||1,243,653||70.59||NEUTRAL|
|PLS Pilbara Minerals||1.03||4.6||4,571,651||61.6||NEUTRAL|
|TNG Tennant Creek Gold||0.12||4.5||309,104||56.74||NEUTRAL|
|MDC Mcconnell Dowell Corporation||0.5||4.2||117,111||49.26||NEUTRAL|
|GDF Garda Diversified Property Fund||1.3||4||137,261||77.4||NEUTRAL|