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

Cole's Reaction Day

Score

-0.65

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 11 56.2 0.64% 1.17% 2.3% -8.1% -32.4%
SHORT 11 14.7 0.64% 1.00% 1.2% -1.6% -2.6%

Summary

Technical Analysis

Av Jennings Homes (AVJ.AX)


Indicator:

COLES RALLY/REACTION DAY


Last Signal:

NEUTRAL


Trading: HOLD @ $0.57
Signal Strength: MEDIUM
Recommendation:

Volatility indicators highlight potential moves of a stock which can either move sharply in the updwards or downwards direction. This indicator allows stocks to be compared on a level playing field to highlight high and low volatility. Normally, falling markets are more likely to be volatile than a rising markets due to the emotion that gets tied to trading. Use volatility indicators in conjunction with other indicators to reduce exposure to false moves.


Av Jennings Homes (ASX:AVJ)


Roger Cole devised a method to use rally and reaction days. Cole disregarded inside and outside days to find three rally days in a row or three reactions in a row. This is like three soldiers or three crows in candlestick pattern analysis, except Cole allowed for inside or outside days to intervene. Three soldiers and three crows, while rare, are extremely reliable. So Cole gave us some relief from a strict definition, but traded off increased frequency at the expense of reliability. Cole also used moving average crossovers to augment the two-day (rally, reaction, inside, outside day) results.

Calculation: Coles Reaction Day:
1) Rally Day: High > High yesterday & Low > Low yesterday;
2) Reaction Day: High > High yesterday & Low < Low yesterday


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:

Cole's Reaction Day

Download
Company Close Change(%) Volume Value Signal
LVH Livehire 0.26 4 304,869 -1 BEARISH
CYB Cybg 2.48 3.8 5,776,731 -1 BEARISH
NZM Nzme 0.49 2.1 13,629 -1 BEARISH
LYL Lycopodium 5.9 1.7 6,658 -1 BEARISH
PGC Paragon Care 0.45 1.1 152,263 -1 BEARISH
MOC Mortgage Choice 1.1 0.9 91,532 -1 BEARISH
BEN Bendigo Bank 10.58 0.8 1,430,243 -1 BEARISH
CIP Centuria Industrial 3.22 0.6 266,825 -1 BEARISH
KSC K&S Corporation 1.79 0.6 1,662 -1 BEARISH
IPH Ipoh 8.29 0.4 1,546,319 -1 BEARISH