Placing the Money Flow Index Under Scrutiny For Urban Mining Ventures Inc (NGCG)

Placing the Money Flow Index Under Scrutiny For Urban Mining Ventures Inc (NGCG)

The Money Flow Indicator for Urban Mining Ventures Inc (NGCG) has touched above 60 and has found a place on investor’s radar as it potentially nears the key 70 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 […]

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Uni Core Holdings Corp (UCHC) Money Flow Index Nearing Key Level

Uni Core Holdings Corp (UCHC) Money Flow Index Nearing Key Level

The Money Flow Index of Uni Core Holdings Corp (UCHC) this week has place the shares on the radar as it nears the key 70 or 80 level.  At the time of writing the MFI is holding above 60 and trending higher 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 […]

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What the MFI Reveals About Puresnax International Inc (PSNX)

What the MFI Reveals About Puresnax International Inc (PSNX)

Puresnax International Inc (PSNX) shares have sparked the interest of some chartists as the Money Flow Index has climbed above 60, potentially heading for key 70 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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What’s Transpiring With Shares of Teranga Gold Corporation (TSX:TGZ)?

What’s Transpiring With Shares of Teranga Gold Corporation (TSX:TGZ)?

Taking a look at some historical volatility numbers on shares of Teranga Gold Corporation (TSX:TGZ), we can see that the 12 month volatility is presently 53.393200. The 6 month volatility is 56.486200, and the 3 month is spotted at 48.006500. Following volatility data can help measure how much the stock price has fluctuated over the specified time period. Although past volatility action may help project future stock volatility, it may also […]

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Is Marathon Oil Corp (MRO) Headed For a Near-Term Reversal?

Is Marathon Oil Corp (MRO) Headed For a Near-Term Reversal?

Marathon Oil Corp (MRO) shares have seen the Money Flow Indicator climb above 60, potentially spelling a near-term reversal if it crosses above the 70 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 MFI should […]

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