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

Simple Moving Average

Score

-0.8

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 36 10.4 0.28% 0.38% 2.6% -1.4% -8.9%
SHORT 37 11.3 0.19% 0.23% 3.0% -1.1% -12.6%

Summary

Technical Analysis

Amcor (AMC.AX)


Indicator:

SIMPLE MOVING AVERAGE


Last Signal:

BEARISH


Trading: SELL @ $15.51
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.


Amcor (ASX:AMC) currently has a confirmed downtrend. This means the SMA 15 day average has moved below the closing price confirming the short term trend following indicator. Currently, the return on SMA15 is -0.5%.



A simple moving average is formed by computing the average price of a security over a specific number of periods. Most moving averages are based on closing prices.

Calculation: Simple Moving Average:
1) SMA: n period sum / n;


PROFILE: Amcor (AMC.AX)


Stock Exchange: ASX
Company: Amcor
Ticker Codes: | AMC.AX | ASX:AMC |

About Amcor (ASX:AMC):

Amcor Limited provides packaging solutions in Western Europe, North America, Australia, New Zealand, and internationally. It operates through Amcor Rigid Plastics, Amcor Flexibles, and Other/Investments segments. The company manufactures rigid plastic containers for a range of beverage and food products, including carbonated soft drinks, water, juices, sports drinks, milk-based beverages, spirits and beer, sauces, dressings, spreads, and personal care items; and plastic caps for various applications. It also manufactures flexible and film packaging for the food and beverage industry, including confectionery, coffee, fresh food and dairy, and pet food packaging; and medical and pharmaceutical, fresh produce, and snack food segments. In addition, the company offers flexible packaging for specialty folding cartons for tobacco packaging and other industries; and packaging solutions for home and personal care products. Amcor Limited was incorporated in 1926 and is headquartered in Southbank, Australia.

Top 10:

Simple Moving Average

Download
Company Close Change(%) Volume Value Signal
RMS Ramelius Resources 0.77 15.9 8,313,251 -9.9 BEARISH
MOY Millennium Minerals 0.07 15.8 5,801,793 -8.8 BEARISH
DCN Dacian Gold 0.59 8.3 6,477,380 -24.3 BEARISH
GTN GTN Resources 1.06 8.2 143,270 -1.6 BEARISH
RND Rand Mining 3 7.1 250 -1.6 BEARISH
URF Us Masters Residential Property Fund 0.83 5.7 189,975 -9.7 BEARISH
KGN Kogan 5.21 5.5 899,578 -0.7 BEARISH
MOC Mortgage Choice 1.13 5.1 144,151 -4.1 BEARISH
ONE Oneview Healthcare 0.21 5.1 191,184 -3.3 BEARISH
SDA Speedcast International 3.63 4.9 1,766,294 -0.6 BEARISH