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?

Trading Performance

Weighted Moving Average

Score

-0.95

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 43 9.3 0.23% 0.29% 4.7% -2.0% -24.8%
SHORT 43 9.1 0.35% 0.47% 2.5% -1.8% -19.0%

Summary

Technical Analysis

Av Jennings Homes (AVJ.AX)


Indicator:

WEIGHTED MOVING AVERAGE


Last Signal:

BULLISH


Trading: BUY @ $0.6
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 uptrend. Recent trading has caused the WMA 15 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on WMA15 is 1.7%.



Weighted moving averages (WMA) are difficult to construct but more reliable than the simple moving averages. WMA permits an unequal weighting on prior time periods.

Calculation: Weighted Moving Average (WMA):
1) Ft= W1At-1 + WnAt-n


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:

Weighted Moving Average

Download
Company Close Change(%) Volume Value Signal
DNA Donaco International 0.08 9.2 4,579,010 12.2 BULLISH
ATL ASX 20 0.65 9.2 415,156 13.4 BULLISH
ISX Isignthis 0.6 8.2 4,830,133 20.7 BULLISH
BNO Bionomics 0.15 7.4 680,092 7.4 BULLISH
EML Emerchants 2.55 6.3 2,216,677 14.9 BULLISH
ADH Adairs 2.06 5.6 1,149,442 13.7 BULLISH
MTO Moto Goldmines 1.34 4.7 78,748 12.4 BULLISH
BRN Brainchip Holdings 0.05 4.5 1,366,441 7 BULLISH
DFM Dongfang Modern Agriculture 0.88 4.1 241,557 6.5 BULLISH
BLX Beacon Lighting 1.2 3.4 140,762 9.1 BULLISH