Trading indicator
Triangular Moving AverageBacktest 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% |
Trading Performance
Triangular Moving Average
Score
1.05
| Position | Trades | Duration | Win Rate | Win/Loss | Avg Win | Avg Loss | Return |
|---|---|---|---|---|---|---|---|
| LONG | 21 | 22.1 | 0.38% | 0.53% | 10.7% | -2.8% | 44.0% |
| SHORT | 21 | 14.4 | 0.14% | 0.17% | 3200.7% | -3.5% | 9539.6% |
Summary
Technical Analysis
Australian Ethical Investments (AEF.AX)
Indicator:
TRIANGULAR MOVING AVERAGE
Last Signal:
BEARISH
Trading: SELL @ $1.98
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 Ethical Investments (ASX:AEF) currently has a confirmed downtrend. Recent trading has caused the TMA 15 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on TMA15 is 0.5%.
A triangular moving average can be calculated using various input data such as prices volume or another technical indicator.
Calculation: Triangular Moving Average (TMA):
1) SMA: n period sum / n;
2) TMA = (n SMA period sum) / N;
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.
Top 10:
Triangular Moving Average
| Company | Close | Change(%) | Volume | Value | Signal |
|---|---|---|---|---|---|
| AJX Alexium International | 0.13 | 8.7 | 796,462 | -9.4 | BEARISH |
| SMN Structural Monitoring Systems | 0.76 | 7.8 | 422,370 | -5.1 | BEARISH |
| EDE Eden Energy | 0.03 | 7.1 | 1,425,845 | -18.9 | BEARISH |
| CAT Catuity | 1.27 | 6.3 | 779,850 | -2.2 | BEARISH |
| NZM Nzme | 0.49 | 5.4 | 65,620 | -5.8 | BEARISH |
| ATL ASX 20 | 0.41 | 5.1 | 164,830 | -22.6 | BEARISH |
| TZN Terramin Australia | 0.07 | 4.5 | 71,684 | -19.8 | BEARISH |
| EVT Event Hospitality And Entertainment | 12.73 | 3.9 | 92,164 | -0.3 | BEARISH |
| PLS Pilbara Minerals | 0.71 | 3.7 | 4,759,525 | -5.5 | BEARISH |
| PSI Pacific Strategic Investments | 2.5 | 3.7 | 2,239 | -1.6 | BEARISH |