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%

What indicators would you like to backtest?

Company

Indicator

Code Company Date Close Change Indicator Value Signal

Trading Performance

Detrended Price Oscillator

Score

-1.9

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 16 19.3 0.06% 0.07% 4.6% -2.9% -39.3%
SHORT 17 30.2 0.18% 0.21% 8.6% -2.3% -6.8%

Summary

Technical Analysis

Av Jennings Homes (AVJ.AX)


Indicator:

DETREND PRICE OSCILLATOR


Last Signal:

BEARISH


Trading: SELL @ $0.575
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.


Av Jennings Homes (ASX:AVJ) currently has a confirmed downtrend. Price is currently below the displaced moving average for AVJ Currently, the return on DPO20 is -0.9%.



The Detrended Price Oscillator (DPO) is an indicator designed to remove trend from price and make it easier to identify cycles. DPO does not extend to the last date because it is based on a displaced moving average. However alignment with the most recent is not an issue because DPO is not a momentum oscillator. Instead DPO is used to identify cycle’s highs/lows and estimate cycle length.

Calculation: Detrended Price Oscillator (DPO):
1) Price (X/2 + 1) periods ago minus X-period simple moving average.
Where X is the number of periods;


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.

Top 10:

Detrended Price Oscillator

Download
Company Close Change(%) Volume Value Signal
CII Ci Resources 1.39 13 1,920 -0.04 BEARISH
GGG Greenland Minerals 0.14 12 3,121,685 -0.01 BEARISH
SXY Senex Energy 0.34 7.9 8,552,469 0 BEARISH
BSL Bluescope Steel 12.04 7.7 7,695,033 -0.42 BEARISH
AYS Amaysim Australia 0.67 7.2 243,626 -0.11 BEARISH
ALU Altium 35.86 6.5 1,756,407 -0.3 BEARISH
EVO Evolve Education 0.11 6.1 299,435 -0.01 BEARISH
FNP Freedom Nutritional Products 4.28 5.7 259,461 -0.54 BEARISH
CDD Cardno 0.85 5.6 35,642 -0.06 BEARISH
NWH NRW 2.25 5.6 2,114,885 -0.1 BEARISH