Avon Resources

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

MACD

Score

-1.5

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 23 16.8 0.30% 0.41% 1.5% -1.4% -12.9%
SHORT 22 16.0 0.23% 0.28% 3.0% -1.8% -17.8%

Summary

Technical Analysis

Avon Resources (AVN.AX)


Indicator:

MACD


Last Signal:

BULLISH


Trading: HOLD @ $2.32
Signal Strength: STRONG
Recommendation:

Avon Resources (ASX:AVN) currently has positive MACD of 0.0046. Currently the signal line is greater than the MACD line signalling a bullish movement.

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has the ability to detect the speed of movement & give an early signal for a potential movement. By understanding the rate at which the price is moving in respect to the stocks historical trades, enables positions to be set in place based on changes in the speed of movement


Moving Average Convergence/Divergence (MACD) is an indicator that shows the relationship between two moving averages. It is calculated as a difference between the fast and slow moving averages. The historically popular is the difference between a securities 26-day and 12-day Exponential Moving Averages (EMA).

Calculation:: Moving Average Convergence Divergence (MACD);
1) MACD Line: (12-day EMA - 26-day EMA);
2) Signal Line: 9-day EMA of MACD Line;
3) MACD Histogram: MACD Line - Signal Line;


PROFILE: Avon Resources (AVN.AX)


Stock Exchange: ASX
Company: Avon Resources
Ticker Codes: | AVN.AX | ASX:AVN |

About Avon Resources (ASX:AVN):

Aventus Property Group (APG) is a specialist fund and asset manager of Large Format Retail (LFR) centres in Australia. Aventus Property Group has been established to provide management services to the Aventus Retail Property Fund, a managed investment trust that was listed in October 2015 to invest in Australian retail property, focusing on LFR centres. APG is jointly owned by entities associated with its CEO, Darren Holland and Brett Blundy who share over 60 years of retail and property experience and have developed significant insight into operations, property management, leasing, development and enhancement of retail and homemaker centres across Australia.

Top 10:

MACD

Download
Company Close Change(%) Volume Value Signal
PRU Perseus Mining 0.61 21 11,469,507 0.02 BULLISH
WAF West African Resources 0.33 16.1 4,518,149 0 BULLISH
RSG Resolute Mining 1.19 10.2 15,246,642 0.01 BULLISH
SBM St Barbara Mines 2.94 10.1 10,915,698 0.06 BULLISH
NST Northern Star Resources 11.69 9.3 7,110,929 0.16 BULLISH
CII Ci Resources 1.5 8.7 25,410 0.02 BULLISH
APD Apn Property 0.51 8.6 192,400 0.01 BULLISH
AGG Anglogold Ashanti 4.87 8 18,113 0.08 BULLISH
AJX Alexium International 0.14 7.7 338,030 0 BULLISH
EVN Evolution Mining 4.39 7.1 18,630,358 0.03 BULLISH