ADO 0.00% 2.1¢ anteotech ltd

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  1. 946 Posts.
    Cheers Twin....as per wiki

    MFI is used to measure the "enthusiasm" of the market. In other words, the Money flow index shows how much a stock was traded.
    A value of 80 or more is generally considered overbought, a value of 20 or less oversold. Divergences between MFI and price action are also considered significant, for instance if price makes a new rally high but the MFI high is less than its previous high then that may indicate a weak advance that is likely to reverse.
    It should be noted that MFI is constructed in a similar fashion to the relative strength index (RSI). Both look at up days against total up and down days, but the scale, i.e. what is accumulated on those days, is volume (or dollar volume approximation rather) for the MFI, as opposed to price change amounts for the RSI.
 
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2.1¢ 2.2¢ 2.0¢ $10.13K 480.9K

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17 2061189 2.0¢
 

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Price($) Vol. No.
2.1¢ 85039 2
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