Brickworks

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

Exponential Moving Average

Score

-0.85

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 23 19.9 0.35% 0.53% 2.9% -1.4% 1.4%
SHORT 24 13.1 0.13% 0.14% 4.2% -1.9% -27.8%

Summary

Technical Analysis

Brickworks (BKW.AX)


Indicator:

EXPONENTIAL MOVING AVERAGE


Last Signal:

BEARISH


Trading: SELL @ $15.97
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.


Brickworks (ASX:BKW) currently has a confirmed downtrend. Recent trading has caused the EMA 15 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on EMA15 is 0.9%.



An exponential moving average (EMA) is a type of moving average that is similar to a simple moving average except that more weight is given to the latest data. It’s also known as the exponentially weighted moving average. This type of moving average reacts faster to recent price changes than a simple moving average.

Calculation: Exponential Moving Average:
1) Initial SMA: n period sum / n;
2) Multiplier: (2 / (Time periods + 1));
3) EMA: {Close – EMA (previous day)} x multiplier + EMA (previous day).


PROFILE: Brickworks (BKW.AX)


Stock Exchange: ASX
Company: Brickworks
Ticker Codes: | BKW.AX | ASX:BKW |

About Brickworks (ASX:BKW):

Brickworks Limited manufactures, sells, and distributes building products in Australia. The company operates through Building Products, Property, and Investment segments. It manufactures vitrified clay, concrete, and timber products for use in the building industry. The company's products include bricks, masonry blocks, pavers, roof tiles, floor tiles, precast walling and flooring panels, and fiber cement walling panels, as well as specialized faþade systems, terracotta roof tiles, and retaining wall systems. It offers its building products under the Austral Bricks, Austral Masonry, Austral Precast, Bristile Roofing, Auswest Timber, Bowral Bricks, Daniel Robertson, Nubrik, Pronto Panel, INEX, Terracade, and GB Masonry brands. The company also exports its products to New Zealand and other countries. In addition, it develops and sells residential and industrial land; and invests in property trusts and the Australian share market. Brickworks Limited was founded in 1934 and is headquartered in Horsley Park, Australia.

Top 10:

Exponential Moving Average

Download
Company Close Change(%) Volume Value Signal
BSL Bluescope Steel 12.04 7.7 7,695,033 -1.3 BEARISH
AYS Amaysim Australia 0.67 7.2 243,626 -5.6 BEARISH
EVO Evolve Education 0.11 6.1 299,435 -2.6 BEARISH
CDD Cardno 0.85 5.6 35,642 -1.6 BEARISH
FLN Freelancer 0.78 5.4 80,919 -2.6 BEARISH
PNV Polynovo 1.57 5.4 1,287,104 -0.5 BEARISH
LNG Liquefied Natural Gas 0.21 5.1 1,399,492 -5.9 BEARISH
SSM Service Stream 2.74 4.2 2,324,654 -1 BEARISH
WHC Whitehaven Coal 3.3 4.1 4,034,862 -3.6 BEARISH
CUV Clinuvel Pharmaceuticals 25.66 4.1 317,064 -6.7 BEARISH