Austin Engineering

What indicators would you like to setup a trade for?

Candlestick Daily volume index Bar reversal Edit

Trade setup

Position Order Entry Exit Stop Loss Risk Return Expectancy
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?

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%

Company

Indicator

Code Company Date Close Change Indicator Value Signal

Trading Performance

Accumulation Distribution

Score

0.75

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 24 23.7 0.50% 0.75% 7.1% -4.5% 13.7%
SHORT 24 8.5 0.75% 1.20% 3.0% -1.6% 30.1%

Summary

Technical Analysis

Austin Engineering (ANG.AX)


Indicator:

ACCUMULATION DISTRIBUTION


Last Signal:

BULLISH


Trading: HOLD @ $0.21
Signal Strength: MEDIUM
Recommendation:

Austin Engineering (ASX:ANG) current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the ADLINE is 12970.6. day. During the quarter, the highest ADLINE value was 99319.6.


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: Austin Engineering (ANG.AX)


Stock Exchange: ASX
Company: Austin Engineering
Ticker Codes: | ANG.AX | ASX:ANG |

About Austin Engineering (ASX:ANG):

Austin Engineering Ltd manufactures, repairs, overhauls, and supplies mining attachment products, and other associated products and services for the industrial and resources-related business sectors. It offers off-highway dump truck bodies, buckets, water tanks, service modules, tyre-handlers, and ancillary attachments. The company also offers various services, such as equipment repair and maintenance, equipment lifting and transport, specialized fabrication, painting and blasting, specialized machining and line boring, and on-site maintenance and shutdown services. It serves miners, mining contractors, and original equipment manufacturers in Australia, the Americas, and Asia. Austin Engineering Limited was founded in 1982 and is headquartered in Milton, Australia.

Top 10:

Accumulation Distribution

Download
Company Close Change(%) Volume Value Signal
MVP Medical Developments 10.28 8.8 674,204 53,661.1 BULLISH
MNS Milnes Holdings 0.11 4.8 239,846 15,847.7 BULLISH
VRL Village Roadshow 4.02 4.4 636,398 1,063,266.9 BULLISH
PNI Pinnacle Investment Management 4.81 4.3 558,446 13,072.6 BULLISH
CAT Catuity 2.17 3.8 509,665 102,241.6 BULLISH
ADH Adairs 2.24 3.7 396,970 86,554.1 BULLISH
AAC Australian Agricultural 1.15 3.6 406,105 87,358.2 BULLISH
SYR Syrah Resources 0.6 3.5 2,137,353 710,843.6 BULLISH
VGL Volante 3.64 3.1 46,740 1,348,616.2 BULLISH
ABC Adelaide Brighton 3.93 3.1 1,373,420 144,572 BULLISH