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#MoneyFlowIndex:
In this thread will try and cover What is Money Flow Index & how to read the Money Flow Index and It's importance in Stock Investing - I repeat it's Investing Only.
Will explain the concept and post few examples.
Retweet is your Choice and not compulsion.
In this thread will try and cover What is Money Flow Index & how to read the Money Flow Index and It's importance in Stock Investing - I repeat it's Investing Only.
Will explain the concept and post few examples.
Retweet is your Choice and not compulsion.
MFI is an oscillator used to calculate the movement of money i.e., Over Bought or Over Sold Situations.
It has a range of 0 to 100.
Where below 20 being considered as Over Sold Zone and Above 80 being considered as Over Bought Situation.
It has a range of 0 to 100.
Where below 20 being considered as Over Sold Zone and Above 80 being considered as Over Bought Situation.
When Price Of a Stock Moves Up, but Money Flow keeps coming downwards, it indicates that the smart money is exiting or the rise is price will not sustain - hence as an investor one should look at capitalising by exiting on rally.
