[BEARISH]: Saracen Mineral currently has negative MACD of -0.0139. This means the signal line is less than the MACD line signalling a bearish movement. Currently, the return on MACD is -9.6%.
Moving Average Convergence/Divergence (MACD) is an indicator that shows the relationship between two moving averages. It is calculated as a difference between the fast and slow moving averages. The historically popular is the difference between a securities 26-day and 12-day Exponential Moving Averages (EMA).
[Calculation]: Moving Average Convergence Divergence (MACD);
1) MACD Line: (12-day EMA - 26-day EMA);
2) Signal Line: 9-day EMA of MACD Line;
3) MACD Histogram: MACD Line - Signal Line;
Moving Average Convergence DivergenceDownload
|Company||Close||Close Change (%)||Volume||Value||Signal|
|BFC Beston Global Food||0.2||5.4||194,111||0||BULLISH|
|MGC Mg Unit Trust||0.33||4.8||615,817||0||BULLISH|
|MLX Metals X||0.67||4.7||1,243,653||0.06||BULLISH|
|PLS Pilbara Minerals||1.03||4.6||4,571,651||0.01||BULLISH|
|TNG Tennant Creek Gold||0.12||4.5||309,104||0.02||BULLISH|
|GDF Garda Diversified Property Fund||1.3||4||137,261||0||BULLISH|
|CZZ Capilano Honey||16.43||3||1,984||0.01||BULLISH|