Asaleo Care

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

Daily Volume Index

Score

-1.0

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 18 24.6 0.33% 0.50% 2.1% -5.7% -55.3%
SHORT 18 16.1 0.28% 0.38% 11.3% -4.5% -1.6%

Summary

Technical Analysis

Asaleo Care (AHY.AX)


Indicator:

DAILY VOLUME INDEX


Last Signal:

BULLISH


Trading: HOLD @ $0.92
Signal Strength: MEDIUM
Recommendation:

Asaleo Care (ASX:AHY) current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the DVI is 4281.


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.


The daily volume index (DVI) is the amount of individual securities traded in a day on average over a specified period of time. Trading activity relates to the liquidity of a security. When average daily trading volume is high the stock can be easily traded and has high liquidity if trading volume is not very high and the security will tend to be less expensive because people are not as willing to buy it. As a result average daily trading volume can have an effect on the price of the security.

Calculation: Daily Volume Index (DVI):
1) [Close]-[Average price] / [Average price] x [Volume];


PROFILE: Asaleo Care (AHY.AX)


Stock Exchange: ASX
Company: Asaleo Care
Ticker Codes: | AHY.AX | ASX:AHY |

About Asaleo Care (ASX:AHY):

Asaleo Care Limited manufactures, markets, distributes, and sells hygiene, personal care, and consumer tissue products in Australia, New Zealand, Fiji, and the Pacific Islands. The company manufactures and markets consumer brands, including Sorbent toilet and facial tissue, Handee paper towel, Deeko disposable tableware, Purex toilet tissue, and Treasures nappies; personal hygiene products under the Libra feminine hygiene brand and the TENA incontinence brand. It also provides Tork hygiene solutions to the commercial, public, health care, food service, and industrial segments; and supplies dispensers, paper towels, toilet tissues, soaps, napkins, and industrial and kitchen wipers under the Tork brand. In addition, the company distributes a range of consumer tissues; and produces toilet rolls, kitchen towels, serviettes, and facial tissues under the Orchid and Viti brands. Asaleo Care Limited sells its products to supermarkets, pharmacies, and convenience stores; and distributors, hospitals, aged care facilities, and community cares. The company was formerly known as PEPSCA Limited and changed its name to Asaleo Care Limited in May 2014. Asaleo Care Limited was founded in 1932 and is headquartered in Box Hill, Australia.

Top 10:

Daily Volume Index

Download
Company Close Change(%) Volume Value Signal
CLQ Clean Teq Holdings 0.38 10.3 4,365,526 15,729 BULLISH
RND Rand Mining 3.25 8.3 8,137 20 BULLISH
ALK Alkane Exploration 0.46 7.1 4,445,709 37,382 BULLISH
PNV Polynovo 1.56 5.1 4,075,815 19,814 BULLISH
MAH Macmahon 0.22 4.8 908,462 2,104 BULLISH
SLR Silver Lake Resources 1.23 4.2 5,739,437 141,120 BULLISH
AJM Altura Mining 0.14 3.7 8,303,659 69,819 BULLISH
TRS Reject Shop 2.02 3.6 55,060 183 BULLISH
SGF SG Fleet 2.92 3.5 163,398 4,692 BULLISH
LEP Ale Property 4.97 3.3 74,519 271 BULLISH