REPORTING FOR 2019-09-13 | THEBUNSENBURNER.COM: With the assistance of the Beat The Market Analyzer software and our own in-house methods, we have conducted a deep analysis of how MAJE has been trading over the last 2 weeks and the past day especially. On its latest session, Majedie Investments Plc ($MAJE) opened at 248.8, reaching a high of 248.8 and a low of 246.0 before closing at a price of 251.0. There was a total volume of 15352.0.
VOLUME INDICATORS: We saw an accumulation-distribution index of 875.0, an on-balance volume of -3.0275, chaikin money flow of 1.7257 and a force index of 60256.9789. There was an ease of movement rating of -0.52861, a volume-price trend of 1366.05806 and a negative volume index of 1000.0. What do these volume indicators mean for MAJE? Click here for an explanation.
VOLATILITY: We noted an average true range of 25.36479, bolinger bands of 468.12875, an upper bollinger band of -219.10125, lower bollinger band of 246.0, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 247.86667, high band keltner channel of 247.86667, low band keltner channel of 247.86667, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 246.0, a donchian channel low band of 246.0, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0. What do these volatility indicators mean for MAJE? Click here for an explanation.
TREND: We calculated a Moving Average Convergence Divergence (MACD) of -5.45131, a MACD signal of -3.0285, a MACD difference of -2.4228, a fast Exponential Moving Average (EMA) indicator of 246.0, a slow Exponential Moving Average (EMA) indicator of 246.0, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.01017, a trix of 229.74697, a Mass Index (MI) of 2.952, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -147.174, a KST Oscillator (KST) of 1489.22343 and a KST Oscillator (KST Signal) of 1489.22343 (leaving a KST difference of -614.6472). We also found an Ichimoku rating of 248.8, an Ichimoku B rating of 248.8, a Ichimoku visual trend A of 114.69367, an Ichimoku visual trend B of 129.02428, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0. What do these trend indicators mean for MAJE? Click here for an explanation.
MOMENTUM: We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 98.13301, a stochastic oscillator of 50.0, a stochastic oscillator signal of 50.0, a Williams %R rating of -50.0 and an awesome oscillator of -32.70429. What do these momentum indicators mean for MAJE? Click here for an explanation.
RETURNS: There was a daily return of 148.92234, a daily log return of -439.75943 and a cumulative return of -98.76931.
What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-09-13 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Majedie Investments Plc ($MAJE)…
DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Majedie Investments Plc ($MAJE) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.
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