Advance Healthcare

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%

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Trading Performance

Weighted Moving Average



Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 24 13.3 0.25% 0.33% 7.5% -2.4% 2.6%
SHORT 24 17.1 0.38% 0.60% 8.3% -3.6% 20.6%


Technical Analysis

Advance Healthcare (AHG.AX)



Last Signal:


Trading: BUY @ $2.85
Signal Strength: STRONG

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.

Advance Healthcare (ASX:AHG) currently has a confirmed uptrend. Recent trading has caused the WMA 15 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on WMA15 is -0.7%.

Weighted moving averages (WMA) are difficult to construct but more reliable than the simple moving averages. WMA permits an unequal weighting on prior time periods.

Calculation: Weighted Moving Average (WMA):
1) Ft= W1At-1 + WnAt-n

PROFILE: Advance Healthcare (AHG.AX)

Stock Exchange: ASX
Company: Advance Healthcare
Ticker Codes: | AHG.AX | ASX:AHG |

About Advance Healthcare (ASX:AHG):

Automotive Holdings Group Limited engages in the automotive retail and logistics businesses. The company operates through Automotive Retail, Refrigerated Logistics, Other Logistics, and Property segments. It sells new and used vehicles, and aftermarket products; and offers finance and insurance, as well as vehicle services. The company offers passenger vehicles of various brands, such as Alfa Romeo, Audi, Bentley, Chrysler, CitroÙn, Dodge, Fiat, Ford, FPV, Holden, HSV, Hyundai, Infiniti, Isuzu UTE, Jaguar, Jeep, Kia, Land Rover, Mazda, Mercedes-Benz, Mitsubishi, Nissan, Peugeot, Porsche, Sk÷da, Subaru, Suzuki, Toyota, and Volkswagen; and trucks and commercial vehicles under the brands of Fiat Professional, Freightliner, Fuso, Higer, Hino, Iveco, LDV, Mercedes-Benz, Mercedes-Benz Vans, Rosa, Volkswagen Commercial, and Yutong. It is also involved in the temperature-controlled long haul transport, cold storage, and refrigerated distribution business, as well as operates a fleet of modern equipment. In addition, the company provides warehousing and distribution of automotive parts and accessories; imports and distributes KTM and Husqvarna range of motorcycles; and provides vehicle storage and engineering services to the trucking industry, as well as truck body building services. Further, it is involved in direct property interests in land and buildings. The company operates 180 motor vehicle franchises at 111 dealership locations in Australia and New Zealand. Automotive Holdings Group Limited was founded in 1952 and is headquartered in West Perth, Australia.

Top 10:

Weighted Moving Average

Company Close Change(%) Volume Value Signal
TGR Tassal 5.07 3 648,170 -0.1 BEARISH CROSSOVER
CHC Charter Hall 11.81 2.7 2,027,819 -3.5 BEARISH CROSSOVER
PIC Perpetual Equity Investment 1.08 1.9 304,352 -0.5 BEARISH CROSSOVER
MWY Midway 3.59 1.7 32,734 -3.1 BEARISH CROSSOVER
WLE Wam Leaders 1.17 1.7 1,707,726 -1 BEARISH CROSSOVER
CAR Carsales 13.97 1.5 756,142 -5.3 BEARISH CROSSOVER
CLH Collection House 1.26 1.2 201,306 -1.5 BEARISH CROSSOVER
CLW Charter Hall Long Wale 5.16 1.2 379,351 -0.3 BEARISH CROSSOVER
IMD Imdex 1.27 0.8 432,189 -4.2 BEARISH CROSSOVER
GPT General Property Trust 6.11 0.7 4,451,658 -4.4 BEARISH CROSSOVER