|Position||Trades||Duration||Win rate||Win/loss||Avg win||Avg loss||Return|
|Position||Trades||Duration||Win Rate||Win/Loss||Avg Win||Avg Loss||Return|
Av Jennings Homes (AVJ.AX)
CHAIKIN MONEY FLOW
Trading: HOLD @ $0.57
Signal Strength: MEDIUM
Av Jennings Homes (ASX:AVJ) current price has highlighted recent buying pressure and the continuation of a bullish trading conditions. Currently, the CMF is 0.1. AVJ.AX received a confirmed CMF crossover days on the Aug 15 2019. The bullish signal has been active for 3 days. During the quarter, the highest CMF value was 0.31 occurring on the Aug 15 2019.
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.
Developed by Marc Chaikin, Chaikin Money Flow measures the amount of Money Flow Volume over a specific period. Money Flow Volume forms the basis for the Accumulation Distribution Line. Instead of a cumulative total of Money Flow Volume, Chaikin Money Flow simply sums Money Flow Volume for a specific look-back period, typically 20 or 21 days. The resulting indicator fluctuates above/below the zero line just like an oscillator. Chartists weigh the balance of buying or selling pressure with the absolute level of Chaikin Money Flow. Chartists can also look for crosses above or below the zero line to identify changes on money flow.
Calculation: Chaikin Money Flow (20):
1) Money Flow Multiplier = [(Close - Low) - (High - Close)] / (High - Low);
2) Money Flow Volume = Money Flow Multiplier x Volume for the Period;
3) 20-period CMF = 20-period Sum of Money Flow Volume / 20 period Sum of Volume;
PROFILE: Av Jennings Homes (AVJ.AX)
Stock Exchange: ASX
Company: Av Jennings Homes
Ticker Codes: | AVJ.AX | ASX:AVJ |
AVJennings Limited engages in the development of residential properties in Australia. It is involved in land and apartment development, and integrated housing activities. The company was founded in 1932 and is based in Hawthorn, Australia. AVJennings Limited is a subsidiary of SC Global Developments Pte Ltd.
|ATL ASX 20||0.43||10.4||117,204||0.36||BULLISH|
|BSA Broadcast Services Australia||0.34||7.9||824,051||0.83||BULLISH|
|SUL Super Cheap Auto||9.75||7.9||2,023,965||0.1||BULLISH|
|SGR The Star Entertainment||3.79||5.9||14,342,914||0.1||BULLISH|
|EWC Energy World Corporation||0.07||5.8||402,315||0.5||BULLISH|
|NBL Noni B||2.58||5.3||52,656||0.64||BULLISH|
|AHG Advance Healthcare||3.21||4.6||663,989||0.35||BULLISH|
|CAJ Capitol Health||0.23||4.5||159,441||0.16||BULLISH|
|AJX Alexium International||0.15||3.6||80,000||0.06||BULLISH|
|GMA Genworth Mortgage Insurance Australia||2.99||3.5||1,025,015||0.18||BULLISH|