Av Jennings Homes

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

Stochastic Oscillator

Score

-1.3

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 47 8.1 0.32% 0.43% 2.9% -2.1% -30.8%
SHORT 46 9.4 0.39% 0.56% 2.2% -1.9% -22.3%

Summary

Technical Analysis

Av Jennings Homes (AVJ.AX)


Indicator:

STOCHASTIC OSCILLATOR


Last Signal:

BULLISH


Trading: BUY @ $0.6
Signal Strength: STRONG
Recommendation:

Indicator is best used in conjunction with additional indicators as it has the ability to highlight potential overbought or oversold levels. This indicator utilizes upper and lower bands to visually represent price extremes associated with the bands. Additional value can be added to the trading strategy by accessing divergences between price and volume.


Av Jennings Homes (ASX:AVJ) is currently Oversold highlighting the potential for a short term trend reversal in the upward direction.



In technical analysis of securities trading the stochastic oscillator is a momentum indicator that uses support and resistance levels. Dr George Lane developed this indicator in the late 1950s. The term stochastic refers to the point of a current price in relation to its price range over a period of time. This method attempts to predict price turning points by comparing the closing price of a security to its price range.

Calculation: Stochastic Oscillator:
1) %K = (Current Close - Lowest Low)/(Highest High - Lowest Low) * 100;
2) %D = 3-day SMA of %K Lowest Low = lowest low for the look-back period Highest High = highest high for the look-back period %K is multiplied by 100 to move the decimal point two places;


PROFILE: Av Jennings Homes (AVJ.AX)


Stock Exchange: ASX
Company: Av Jennings Homes
Ticker Codes: | AVJ.AX | ASX:AVJ |

About Av Jennings Homes (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.

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