Australian Agricultural

Candlestick Daily volume index Bar reversal Edit

Backtest results

Position Trades Duration Win rate Win/loss Avg win Avg loss Return
Long 10 4.5 20% 25% 1.6% -0.8% -3.4%
Short 5 4.2 40% 67% 1.9% -3.2% -5.9%

What indicators would you like to backtest?

Trading Performance

Exponential Moving Average

Score

-0.9

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 44 7.1 0.20% 0.26% 3.3% -2.1% -44.2%
SHORT 44 11.3 0.30% 0.41% 6.0% -2.0% 12.6%

Summary

Technical Analysis

Australian Agricultural (AAC.AX)


Indicator:

EXPONENTIAL MOVING AVERAGE


Last Signal:

BEARISH


Trading: SELL @ $1.065
Signal Strength: STRONG
Recommendation:

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has the ability to highlight trends across numerous timeframes. This indicator has the ability to smooth historical results to illustrate trend initiation and status. Although this is a simple trend following indicator & can provide good results when coupled with the right indicator. Note, this indicator does not work well in ranging markets producing unwanted whipsaws and false signals.


Australian Agricultural (ASX:AAC) currently has a confirmed downtrend. Recent trading has caused the EMA 15 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on EMA15 is -2.3%.



An exponential moving average (EMA) is a type of moving average that is similar to a simple moving average except that more weight is given to the latest data. It’s also known as the exponentially weighted moving average. This type of moving average reacts faster to recent price changes than a simple moving average.

Calculation: Exponential Moving Average:
1) Initial SMA: n period sum / n;
2) Multiplier: (2 / (Time periods + 1));
3) EMA: {Close – EMA (previous day)} x multiplier + EMA (previous day).


PROFILE: Australian Agricultural (AAC.AX)


Stock Exchange: ASX
Company: Australian Agricultural
Ticker Codes: | AAC.AX | ASX:AAC |

About Australian Agricultural (ASX:AAC):

Australian Agricultural Company Limited produces and sells cattle and beef in Australia. The company engages in owning, operating, and developing pastoral properties; producing beef, including breeding, backgrounding, feedlotting, and processing cattle; and the production of grass fed beef, grain fed beef, and Wagyu beef. The company operates under the Wylarah, Westholme, Master Kobe, Kobe Cuisine, and Darling Downs Wagyu brands. It operates an integrated cattle production system across 19 owned cattle stations, 2 leased stations, 7 agisted properties, 2 owned feedlots, a beef processing facility, and 2 owned farms covering an area of approximately 7 million hectares of land in Queensland and the Northern Territory. The company also exports its products. Australian Agricultural Company Limited was founded in 1824 and is based in Brisbane, Australia.

Top 10:

Exponential Moving Average

Download
Company Close Change(%) Volume Value Signal
SLK Sealink Travel 3.67 -0.3 193,508 -0.2 BEARISH CROSSOVER
XRO Xero 59.09 -0.3 278,833 -0.2 BEARISH CROSSOVER
HSN Hansen Technologies 3.81 -0.5 137,061 -0.2 BEARISH CROSSOVER
XSJ ASX 200 Cons Staples 11213.9 -0.7 0 -0.1 BEARISH CROSSOVER
SUL Super Cheap Auto 9.1 -0.8 813,188 -0.5 BEARISH CROSSOVER
TGP Trafalgar 0.98 -1 63,798 -0.4 BEARISH CROSSOVER
APE Ap Eagers Holdings 9.8 -1 38,547 -0.8 BEARISH CROSSOVER
NEC Nine Entertainment 1.98 -1 5,167,593 -0.5 BEARISH CROSSOVER
SCP Shopping Centres Australasia Property 2.58 -1.1 1,645,038 -0.5 BEARISH CROSSOVER
FRI Finbar International 0.87 -1.1 46,987 -0.5 BEARISH CROSSOVER