Bega Cheese

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

Triangular Moving Average

Score

-0.2

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 23 14.9 0.22% 0.28% 4.8% -2.2% -14.9%
SHORT 24 19.7 0.29% 0.41% 7.7% -2.4% 13.7%

Summary

Technical Analysis

Bega Cheese (BGA.AX)


Indicator:

TRIANGULAR MOVING AVERAGE


Last Signal:

BULLISH


Trading: BUY @ $5.18
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.


Bega Cheese (ASX:BGA) currently has a confirmed uptrend. Recent trading has caused the TMA 15 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on TMA15 is 1.2%.



A triangular moving average can be calculated using various input data such as prices volume or another technical indicator.

Calculation: Triangular Moving Average (TMA):
1) SMA: n period sum / n;
2) TMA = (n SMA period sum) / N;


PROFILE: Bega Cheese (BGA.AX)


Stock Exchange: ASX
Company: Bega Cheese
Ticker Codes: | BGA.AX | ASX:BGA |

About Bega Cheese (ASX:BGA):

Bega Cheese Limited engages in receiving, processing, manufacturing, and distributing dairy and associated products primarily in Australia. The company operates in two segments, Bega Cheese and Tatura Milk. The Bega Cheese segment manufactures natural cheese, processed cheese, powders, and butter, as well as packages cheese products. The Tatura Milk segment manufactures and packages cream cheese, butter, powders, and nutritionals. The company also operates as a contract packer of natural cheddar and processed cheddar cheese products for corporations; and is involved in contract packaging for private proprietary brands, supermarket house brands, and QSR raw material inputs, as well as products for other dairy companies into their brands. It also exports its products to approximately 40 countries across the Middle East, Southeast Asia, North Asia, Central and South America, and the Pacific Islands. Bega Cheese Limited was founded in 1899 and is headquartered in Bega, Australia.

Top 10:

Triangular Moving Average

Download
Company Close Change(%) Volume Value Signal
GGG Greenland Minerals 0.13 39.8 7,332,468 73.3 BULLISH
BNO Bionomics 0.15 11.1 659,788 13.6 BULLISH
MOC Mortgage Choice 1.01 11 787,250 17.4 BULLISH
ALK Alkane Exploration 0.27 10.4 3,467,000 14.2 BULLISH
WGX Westgold Resources 1.62 7 2,136,458 14.3 BULLISH
EMH European Metals Holdings 0.44 6.1 273,100 10.4 BULLISH
BLX Beacon Lighting 1.17 5.9 830,823 10.1 BULLISH
MVF Monash IVF 1.15 4.5 542,225 8.4 BULLISH
GXY Galaxy Resources 1.69 4 3,714,912 5.1 BULLISH
IMD Imdex 1.1 3.8 2,380,959 6.3 BULLISH