|Position||Trades||Duration||Win rate||Win/loss||Avg win||Avg loss||Return|
|Position||Trades||Duration||Win Rate||Win/Loss||Avg Win||Avg Loss||Return|
Australian Ethical Investments (AEF.AX)
Trading: SELL @ $2.2
Signal Strength: STRONG
Australian Ethical Investments (ASX:AEF) current price has highlighted the commencement of distribution and the start of bearish trading conditions. Currently, the ADLINE is -10428.4. During the quarter, the lowest ADLINE value was -20571.1.
A bearish crossover has been confirmed due the last trading session with is a strong indication of a diretional change. This indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. Indicator can be applied to the short/medium term timeframe, but the best results are obtained with larger cyclical swings in-line with the trend direction. This accumulation / distribution oscillator can provide guidance on the money flow direction from the companies recent trading.
Accumulation/distribution (ADLINE) is a momentum indicator that attempts to gauge supply and demand by determining whether investors are generally accumulating or buying or distributing or selling a certain stock by identifying divergences between stock price and volume flow. The accumulation/distribution is calculated by first calculating the money flow multiplier then multiplying the money flow multiplier by the period’s volume.
Calculation: Accumulation Distribution Line:
1) Money Flow Multiplier = [(close - low) - (high - close)] / (high - low);
2) Money Flow Volume = Money Flow Multiplier x volume for the period;
3) Accumulation/Distribution= previous Accumulation/Distribution + current periods Money Flow Volume.
PROFILE: Australian Ethical Investments (AEF.AX)
Stock Exchange: ASX
Company: Australian Ethical Investments
Ticker Codes: | AEF.AX | ASX:AEF |
Australian Ethical Investment Ltd is a publicly owned investment manager. The firm launches and manages equity, fixed income, and balanced mutual funds for its clients. It invests in the public equity and fixed income markets across the globe. The firm invests in clean energy, sustainable products, medical solutions, innovative technology, responsible banking, healthcare, recycling, energy efficiency, education, and aged care. It does not invest in coal, coal seam gas, oil, weapons, tobacco, logging, exploitation, gambling, human rights abuses, and harmful products. Australian Ethical Investment Ltd was founded in 1986 and is based in Sydney, Australia.
|BGA Bega Cheese||4.58||4.8||1,923,906||-1,375.7||BEARISH CROSSOVER|
|CGC Consolidated Gaming Corporation||3.69||3.9||2,800,847||-94,878.1||BEARISH CROSSOVER|
|NWH NRW||2.45||2.9||2,300,075||-84,303.1||BEARISH CROSSOVER|
|EWC Energy World Corporation||0.08||2.4||496,771||-5,488.3||BEARISH CROSSOVER|
|MCY Mighty River Power||4.79||1.9||13,188||-590.5||BEARISH CROSSOVER|
|PNI Pinnacle Investment Management||4.57||1.1||652,111||-43,512.8||BEARISH CROSSOVER|
|API Australian Pharmaceutical||1.35||0.7||2,612,861||-63,953.8||BEARISH CROSSOVER|
|SKI Spark Infrastructure||2.17||0.5||7,201,901||-156,642.2||BEARISH CROSSOVER|
|ANZ Australia & Banking||27.83||0.5||9,742,121||-225,017.6||BEARISH CROSSOVER|
|VTG Vita||1.2||0.4||111,553||-471.8||BEARISH CROSSOVER|