Meet Group Inc (MEET)

[Solumex]

Money Flow Index in QPSA Chart

Take a look in the graph

http://on-msn.com/fDxVDu

Im not an expert but het this definition from MSN Money about Money Index Flow. If an expert or more market oriented investor could publish his point of view, all here will appreciate it

Money flow index

Money flow measures the rate at which money is flowing into or out of a stock. If volume traded on days when prices rise outweighs volume traded on days when prices fall, then we can say that money is flowing into the stock. Another way to put this is that investor demand for the stock is greater than supply.

The money flow index typically rises and falls with stock price movements and therefore can be used as a confirming indicator. However, when the direction of the money flow index line diverges from the direction of the price chart over a period of time, then a trading signal is generated. Typically, stock price direction changes to follow the direction of money flow.

The money-flow index is plotted on a scale of 0 to 100. Values above 80 indicate a possible overbought situation and values below 20 indicates a possible oversold condition. This does not mean, however, that a market will immediately reverse once either of these levels is reached. It is more likely that the market will pause to consolidate, resulting in a more neutral money flow index value.

Great Week to all