Av Jennings Homes

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

On Balance Volume

Score

-1.2

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 30 11.2 0.37% 0.50% 1.5% -2.2% -32.3%
SHORT 29 15.5 0.45% 0.68% 3.7% -2.7% -3.9%

Summary

Technical Analysis

Av Jennings Homes (AVJ.AX)


Indicator:

ON BALANCE VOLUME


Last Signal:

BULLISH


Trading: HOLD @ $0.56
Signal Strength: MEDIUM
Recommendation:

Av Jennings Homes (ASX:AVJ) current price has highlighted recent accumulation. Currently, the OBV is 24033.4.


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.


On Balance Volume (OBV) attempts to measure the level of accumulation or distribution by comparing volume to price movements. Volume is added to the indicator if closing price moves up and subtracted if closing price moves down. No adjustment is made if closing price is unchanged.

Calculation: On Balance Volume:
1) If the closing price is above the prior close price then: Current OBV = Previous OBV + Current Volume;
2) If the closing price is below the prior close price then: Current OBV = Previous OBV - Current Volume;
3) If the closing prices equals the prior close price then: Current OBV = Previous OBV (no change)


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:

On Balance Volume

Download
Company Close Change(%) Volume Value Signal
RCT Reef Casino 2.45 8.9 906 1,646.2 BULLISH
EVO Evolve Education 0.13 8.7 2,297,541 750,985.5 BULLISH
OPT Opthea 3.58 7.5 405,885 206,503.5 BULLISH
MLX Metals X 0.19 5.7 27,399,163 3,338,298.3 BULLISH
MAH Macmahon 0.19 5.6 253,443 128,057.2 BULLISH
VRT Virtus Health 4.41 5.5 447,549 85,426.8 BULLISH
CDV Cardinal Resources 0.4 5.3 352,093 53,951.5 BULLISH
VRL Village Roadshow 3.1 4.7 145,297 63,623.6 BULLISH
PRU Perseus Mining 0.79 4.6 7,086,873 1,214,753.1 BULLISH
AYS Amaysim Australia 0.35 4.5 389,809 444,203 BULLISH