|Position||Trades||Duration||Win rate||Win/loss||Avg win||Avg loss||Return|
|Position||Trades||Duration||Win Rate||Win/Loss||Avg Win||Avg Loss||Return|
Reece Australia (REH.AX)
MONEY FLOW INDEX
Trading: SELL @ $9.99
Signal Strength: MEDIUM
Reece Australia (ASX:REH) current trading has maintained the money flow index overbought status and signalled the continuation of the bearish trading conditions. Currently, the MFI is 18.93. The bearish signal has been active for 0 days. During the quarter, the highest MFI value was 88.5.
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.
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)
|CAJ Capitol Health||0.22||7.3||466,982||8.12||BEARISH|
|OCL Objective Corporation||2.95||3.5||25,451||9.89||BEARISH|
|APD Apn Property||0.47||3.3||164,647||12.3||BEARISH|
|AKP Audio Pixels Holdings||17||3||6,636||16.03||BEARISH|
|CDV Cardinal Resources||0.32||1.6||113,215||10.7||BEARISH|
|ATL ASX 20||0.4||1.3||119,770||13.97||BEARISH|
|SPO Spotless Holdings||1.78||0.8||1,594||12.74||BEARISH|
|AEF Australian Ethical Investments||1.78||0.6||77,113||19||BEARISH|