MGC | Australian Stock Exchange

Mg Unit Trust
+ Share

Price percentage oscillator has positive momentum signalling a continuation of the upward price rise for MGC
Percentage Price /
Price percentage oscillator has positive momentum signalling a continuation of the upward price rise for MGC

MGC: PPO Current Signal -> (1) 20 Jul: BULLISH (2) 19 Jul: BULLISH (3) 18 Jul: BULLISH

[Bullish]: Mg Unit Trust has beaten previous close by 4.8 %
Closing Price /
[Bullish]: Mg Unit Trust has beaten previous close by 4.8 %

[BULLISH]: Mg Unit Trust current uptrend in the first timeframe. Currently, the Close is $0.33.

Daily Volume Index /
DVI: Accumulation still active for Mg Unit Trust

[BULLISH]: Mg Unit Trust current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the DVI is 6658.

Opening Price /
Mg Unit Trust: Daily opening performance is -3.9 % [Uptrend]

[BULLISH]: Mg Unit Trust opening price has gapped up. Currently, the OPEN is $0.317 (-3.9 %).

Triangular Moving Average /
Mg Unit Trust is in a short term uptrend with the support price @$0.315

[BULLISH]: Mg Unit Trust currently has a confirmed uptrend. Recent trading has caused the TMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is 4.8%.

Momentum /
5-day momentum is increasing for Mg Unit Trust

MGC: MOM Current Signal -> (1) 20 Jul: BULLISH (2) 19 Jul: BULLISH (3) 18 Jul: BULLISH

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Average Directional Movement /
Mg Unit Trust has signalled an Average Directional Index strong trend present

MGC: Average Directional Index Current Signal -> (1) 20 Jul: TREND STRONG (2) 19 Jul: TREND STRONG (3) 18 Jul: TREND STRONG

Mg Unit Trust: Close versus price range (72.2%.)
Close Tod Vs Range Tod /
Mg Unit Trust: Close versus price range (72.2%.)

MGC: Close versus price range Current Signal ->(1) 20 Jul: BULLISH (2) 19 Jul: BEARISH (3) 18 Jul: BULLISH

Stochastic Overbought signal is still current for Mg Unit Trust [Bearish]
Stochastic Oscillator /
Stochastic Overbought signal is still current for Mg Unit Trust [Bearish]

[BEARISH]: Mg Unit Trust is currently Overbought highlighting the potential for a short term trend reversal in the downward direction.

Rate of Change /
Mg Unit Trust: Rate of Change (14)

[BULLISH]: Mg Unit Trust currently has positive rate of change of 37.5%. This means the current price is greater than the price 14 days ago and therefore gaining momentum & is a leading indicator of price movement in the upward direction

Close Tod Vs Close Yest /
Buyers are now keener than sellers for Mg Unit Trust & are driving the price up.

MGC: Recent performance signals ->(1) 20 Jul: BULLISH (2) 19 Jul: NEUTRAL (3) 18 Jul: BULLISH

Detrended Price Oscillator /
The simple moving average and past price for MGC has confirmed bullish trading conditions

[BULLISH]: Mg Unit Trust currently has a confirmed uptrend. Price is currently above the displaced moving average for MGC. Currently, the return on DPO20 is 4.8%.

Mg Unit Trust is now overbought with the William %R @-14.3
Williams %R /
Mg Unit Trust is now overbought with the William %R @-14.3

MGC: William %R Current Signal -> (1) 20 Jul: BEARISH CROSSOVER (2) 19 Jul: BULLISH CROSSUNDER (3) 18 Jul: BEARISH CROSSOVER

MGC: Current trading activity signals OBV accumulation is active
On Balance Volume /
MGC: Current trading activity signals OBV accumulation is active

[BULLISH]: Mg Unit Trust current price has highlighted recent accumulation. Currently, the OBV is 5.23304e+006.

Weighted Moving Average /
Weighted Moving Average(5) signal is confirmed for Mg Unit Trust indicating upward price movement is likely

[BULLISH]: Mg Unit Trust currently has a confirmed uptrend. Recent trading has caused the WMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on WMA5 is 4.8%.

Moving Average Envelope /
Envelope bands Overbought signal is still current for Mg Unit Trust [Bearish]

[BEARISH]: Mg Unit Trust current trading has maintained the Envelope Bands to overbought status and signalled the continuation of the bearish trading conditions. Currently, the Upper Band is 0.294.

Exponential Moving Average /
MGC: Price has moved above the EMA(5) @$0.3214

[BULLISH]: Mg Unit Trust currently has a confirmed uptrend. Recent trading has caused the EMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is 4.8%.

MGC: Over the last 12 months there has been 47 trading days with the opening price in the lower shadow & the closing the price in the upper shadow
Open Tod Vs Close Tod /
MGC: Over the last 12 months there has been 47 trading days with the opening price in the lower shadow & the closing the price in the upper shadow

[BULLISH STRONG]: Mg Unit Trust opened in the lower part of daily range at 0% & closed in the upper part of the trading range at 72.2%. This suggests the buyers were in control all day. Over the last 12 months there has been 47 trading days with the opening price in the lower shadow & the closing the price in the upper shadow giving a confirmation ratio of 17.9%. Over the last month there has been 2 trading days with the opening price in the lower price range & the closing the price in the upper price range giving a confirmation ratio of 13.3%.

The 161.8% Fibonacci extension level for MGC has moved to the lower limit. Stoploss should be positioned @$3.64
Fibonacci Extensions /
The 161.8% Fibonacci extension level for MGC has moved to the lower limit. Stoploss should be positioned @$3.64

Mg Unit Trust has moved below the 161.8% level ($3.4) [Bullish]. Look for a long limit order entry near this point. Exit price for MGC should be set @$3.16 & Stoploss for Mg Unit Trust should be set at $3.64

Mg Unit Trust has moved above the R1 pivot point ($0.337) [Bullish]
Pivot Points /
Mg Unit Trust has moved above the R1 pivot point ($0.337) [Bullish]

Mg Unit Trust has broken the first resistance point ($0.337) [Bullish]. Look for a long limit order entry near this point. Exit price for MGC should be set @$0.345 & Stoploss for Mg Unit Trust should be set between $0.309 & $0.301

Volume /
Mg Unit Trust: Daily volume performance is 279.3 [Uptrend]

[BULLISH]: Mg Unit Trust current volume uptrend in the first timeframe. Volume for MGC is 615817 (279.3).

Sine Weighted Moving Average /
[Bullish]: SWMA(5) is serving as a support line for Mg Unit Trust

[BULLISH]: Mg Unit Trust currently has a confirmed uptrend. Recent trading has caused the SWMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is 4.8%.

Aroon Oscillator /
Daily trading has confirmed an Aroon uptrend (44) for Mg Unit Trust

[BULLISH]: Mg Unit Trust has a current ARO(25) of 44. This has change 0 points from yesterday.

MACD /
Mg Unit Trust: MACD @0.0022 [Bullish]

[BULLISH]: Mg Unit Trust currently has positive MACD of 0.0022. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is 5%.

Mg Unit Trust is in a short term uptrend with the closing price @$0.33
Simple Moving Average /
Mg Unit Trust is in a short term uptrend with the closing price @$0.33

MGC: SMA(5) Current Signal -> (1) 20 Jul: BULLISH CROSSOVER (2) 19 Jul: BEARISH CROSSOVER (3) 18 Jul: BULLISH

MGC has achieved a new low of $0.317 (0.6 %)
Low Price /
MGC has achieved a new low of $0.317 (0.6 %)

[BEARISH]: Mg Unit Trust current uptrend in the first timeframe. Currently, the Low is $0.317 (0.6 %).

Medium Trend /
Mg Unit Trust has maintained the 2nd timeframe trend [Uptrend]

MGC: Medium Term Current Signal -> (1) 20 Jul: BULLISH (2) 19 Jul: BULLISH (3) 18 Jul: BULLISH

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