Candlestick Daily volume index Bar reversal Edit

Backtest results

Position Trades Duration Win rate Win/loss Avg win Avg loss Return
Long 10 4.5 20% 25% 1.6% -0.8% -3.4%
Short 5 4.2 40% 67% 1.9% -3.2% -5.9%

What indicators would you like to backtest?

Trading Performance

Money Flow Index

Score

-0.55

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 2 142.5 0.00% 0.00% 0.0% -18.9% -37.8%
SHORT 2 200.5 0.50% 1.00% 32.0% -32.5% -0.5%

Summary

Technical Analysis

Pact (PGH.AX)


Indicator:

MONEY FLOW INDEX


Last Signal:

NEUTRAL


Trading: NO POSITION
Signal Strength: MEDIUM


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)


PROFILE: Pact (PGH.AX)


Stock Exchange: ASX
Company: Pact
Ticker Codes: | PGH.AX | ASX:PGH |

About Pact (ASX:PGH):

Pact Group Holdings Ltd manufactures and supplies rigid plastics and metal packaging in Australia, New Zealand, China, the Philippines, Singapore, Indonesia, Thailand, and the United States. The company operates in two segments, Pact Australia and Pact International. It primarily converts plastic resin and steel into rigid packaging and other products for customers in the food and beverage, personal care, household consumer, industrial and chemical, materials handling, infrastructure, agricultural, and other sectors. The company's products comprise yoghurt containers, cream and ice-cream containers, milk and beverage bottles, margarine tubs, food jars, meat and bakery trays, cubes, pails, tubes and cartridges, bottle caps and closures, and other customized packaging; steel drums, tinplate pails, and other metal containers; and plastic material handling, industrial, and technical products, as well as sustainability products and services. In addition, it offers materials handling solutions and associated services; contract manufacturing services for pharmaceutical and aerosol based products; recycling services; and crate pooling and hire services. Pact Group Holdings Ltd was founded in 2002 and is headquartered in Richmond, Australia.

Top 10:

Money Flow Index

Download
Company Close Change(%) Volume Value Signal
LNG Liquefied Natural Gas 0.3 25.5 6,662,815 66.66 NEUTRAL
DCN Dacian Gold 0.95 22.6 7,221,770 79.57 NEUTRAL
RFG Retail Food 0.21 13.9 602,168 64.59 NEUTRAL
FXL Flexigroup 1.83 10.6 3,158,739 71.45 NEUTRAL
EWC Energy World Corporation 0.1 9.2 682,001 74.04 NEUTRAL
PRU Perseus Mining 0.77 8.5 17,484,605 71.18 NEUTRAL
RMS Ramelius Resources 0.86 8.2 7,633,542 52.64 NEUTRAL
SDA Speedcast International 1.92 6.7 5,078,109 29.78 NEUTRAL
ALK Alkane Exploration 0.42 6.4 713,328 34.49 NEUTRAL
AFL ASX 50 0.2 5.4 164,523 46.03 NEUTRAL