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To: Jazzbo who wrote (6590)9/25/1998 11:04:00 AM
From: neverenough  Read Replies (2) | Respond to of 44908
 
MFI:Money Flow Index

The MFI is a volume-weighted variation of Wilder's RSI that is calculated by comparing today's average price to yesterday's average price and then weighing that average by the days volume. The ratio of the summed positive and negative money flows are then normalized on a scale of 100 to zero. Look for tops when a reading of 80 occurs and bottoms when 20 is reached. As with many momentum indicators watch for divergence between it and the stock price when new reaction highs or lows are made.