Blackmores Laboratories

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

Sine Weighted Moving Average

Score

-0.7

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 41 9.1 0.22% 0.26% 5.1% -2.4% -37.5%
SHORT 41 10.3 0.20% 0.24% 11.7% -3.2% -11.9%

Summary

Technical Analysis

Blackmores Laboratories (BKL.AX)


Indicator:

SINE WEIGHTED MOVING AVERAGE


Last Signal:

BEARISH


Trading: SELL @ $71.55
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.


Blackmores Laboratories (ASX:BKL) currently has a confirmed downtrend. Recent trading has caused the SWMA 15 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SWMA15 is 0.9%.



A Sine wave is a smooth repetitive oscillation that shifts between a high of y and a low of -y. A SW-MA takes its weighting from the first half of a Sine wave cycle so the largest weighting is given to the data in the middle. The result is very similar to the Triangular Moving Average (Tri-MA) but much more difficult to calculate.

Calculation: Sine Weighted Moving Average (SWMA):
1) PI:=3.14;
2) SD:=180/6;
3) S1:=Sin(1*180/6)*C;
4) S2:=Sin(2*180/6)*Ref(C -1);
5) S3:=Sin(3*180/6)*Ref(C -2);
6) S4:=Sin(4*180/6)*Ref(C -3);
7) S5:=Sin(5*180/6)*Ref(C -4);
8) Num:=S1+S2+S3+S4+S5;
9) Den:=Sin(SD)+Sin(2*SD)+Sin(3*SD)+Sin(4*SD)+Sin(5*SD);
10) SWMA=Num/Den


PROFILE: Blackmores Laboratories (BKL.AX)


Stock Exchange: ASX
Company: Blackmores Laboratories
Ticker Codes: | BKL.AX | ASX:BKL |

About Blackmores Laboratories (ASX:BKL):

Blackmores Limited develops, sells, and markets natural health products for humans and animals in Australia, New Zealand, and Asia. It offers vitamins, minerals, herbal products, and nutritional supplements. The company also provides products for various conditions related to arthritis, joints, bones, and muscles; brain health; cold, flu, and immunity; digestive health; energy and exercise; kids health; everyday health; pets health; and eye health. In addition, the company provides products in the areas of heart and circulation; men's health; nails, hair, and skin; pregnancy and preconception; stress relief; weight management; and women's health, as well as probiotics, infant nutrition products, and fish and nutritional oils. Further, it offers naturopathic advisory services. The company offers its products through pharmacies, mass merchandisers, groceries, health food stores, and practitioners, as well as through online channel. Blackmores Limited was founded in 1930 and is headquartered in Warriewood, Australia.

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