Sirios Resources Inc (SOI.V) MFI Reading Under the Microscope

Sirios Resources Inc (SOI.V) MFI Reading Under the Microscope

The Money Flow Index of Sirios Resources Inc (SOI.V) this week has place the shares on the radar as it nears the key 20 or 30 level.  At the time of writing the MFI is dropping below 30 and trending lower for the name.  The Money Flow Index creates a ratio of Positive Money Flow and Negative Money Flow over time and scales it to a number between 0 and 100. The MFI […]

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Hallenstein Glasson Holdings Ltd (HLG.NZ): What Are the Charts Indicating?

Hallenstein Glasson Holdings Ltd (HLG.NZ): What Are the Charts Indicating?

The Money Flow Index of Hallenstein Glasson Holdings Ltd (HLG.NZ) this week has place the shares on the radar as it nears the key 20 or 30 level.  At the time of writing the MFI is dropping below 30 and trending lower for the name.  The Money Flow Index creates a ratio of Positive Money Flow and Negative Money Flow over time and scales it to a number between 0 and 100. The […]

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Borosil Glass Works Limited (BOROSIL.BO)’s MFI Reading Under The Lens

Borosil Glass Works Limited (BOROSIL.BO)’s MFI Reading Under The Lens

The Money Flow Indicator for Borosil Glass Works Limited (BOROSIL.BO) has touched below 30 and has found a place on investor’s radar as it potentially nears the key 20 mark.  The MFI indicator is an oscillator which ranges between fixed values of 0 and 100 and as with most oscillators divergences form a major part of trading with the MFI indicator.  Traders look for divergence between the indicator and the price action. […]

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BetaShares S&P/ASX 200 Financials Sector ETF (QFN.AX) Money Flow Index Levels in Focus

BetaShares S&P/ASX 200 Financials Sector ETF (QFN.AX) Money Flow Index Levels in Focus

BetaShares S&P/ASX 200 Financials Sector ETF (QFN.AX) shares have seen the Money Flow Indicator drop below 30, potentially spelling a near-term reversal if it crosses below the 20 line.  The Money Flow Indicator is a unique indicator that combines momentum and volume with an RSI formula. Because of its incorporation of volume, the MFI is better suited to identify potential reversals using both overbought/oversold levels and bullish/bearish divergences. As with all indicators, the […]

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Is db x-trackers EuroStoxx 50 Short Daily UCITSETF 1C (XSSX.L) Headed For a Near-Term Reversal?

Is db x-trackers EuroStoxx 50 Short Daily UCITSETF 1C (XSSX.L) Headed For a Near-Term Reversal?

db x-trackers EuroStoxx 50 Short Daily UCITSETF 1C (XSSX.L) shares have seen the Money Flow Indicator drop below 30, potentially spelling a near-term reversal if it crosses below the 20 line.  The Money Flow Indicator is a unique indicator that combines momentum and volume with an RSI formula. Because of its incorporation of volume, the MFI is better suited to identify potential reversals using both overbought/oversold levels and bullish/bearish divergences. As with all […]

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United States Short Oil Fund LP (DNO): What Are the Charts Indicating?

United States Short Oil Fund LP (DNO): What Are the Charts Indicating?

The Money Flow Index of United States Short Oil Fund LP (DNO) this week has place the shares on the radar as it nears the key 20 or 30 level.  At the time of writing the MFI is dropping below 30 and trending lower for the name.  The Money Flow Index creates a ratio of Positive Money Flow and Negative Money Flow over time and scales it to a number between 0 and […]

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What the MFI Reveals About Isentric Ltd (ICU.AX)

What the MFI Reveals About Isentric Ltd (ICU.AX)

Isentric Ltd (ICU.AX) shares have sparked the interest of some chartists as the Money Flow Index has dropped below 30, potentially heading for key 20 levels. The Money Flow Index is an indicator that utilizes the volume and volatility of an asset to determine the buying or selling pressure of an asset. The indicator was developed by Avrum Soudack and Gene Quong as a volume-weighted variation of the RSI. The […]

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