Beacon Lighting

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

Exponential Moving Average

Score

-2.65

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 47 8.0 0.15% 0.18% 6.2% -3.0% -75.2%
SHORT 48 9.3 0.21% 0.25% 4.1% -2.9% -76.2%

Summary

Technical Analysis

Beacon Lighting (BLX.AX)


Indicator:

EXPONENTIAL MOVING AVERAGE


Last Signal:

BEARISH


Trading: SELL @ $1.15
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.


Beacon Lighting (ASX:BLX) 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 -1.7%.



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: Beacon Lighting (BLX.AX)


Stock Exchange: ASX
Company: Beacon Lighting
Ticker Codes: | BLX.AX | ASX:BLX |

About Beacon Lighting (ASX:BLX):

Beacon Lighting Group Limited operates as a specialist retailer of lighting products in Australia. It designs, develops, sources, imports, distributes, merchandises, promotes, and sells light fittings and light globes. The company's products include pendants, table lamps, floor lamps, ceiling fans, chandeliers, exteriors, globes, down lights, wall lights, spotlights, bathroom lighting products, batten fixes, flush mounts, accessories, and solar panels. It serves middle to upper residential lighting market. The company operates a network of 100 company operated stores and 6 franchised stores, as well as 4 commercial sales offices. It also offers its products online. Beacon Lighting Group Limited was founded in 1967 and is based in Mulgrave, Australia.

Top 10:

Exponential Moving Average

Download
Company Close Change(%) Volume Value Signal
ADH Adairs 1.48 18.4 5,926,270 -16.7 BEARISH
TLG Talga Gold 0.49 6.6 113,070 -4.9 BEARISH
PAC Pacsoft 4.42 4.5 113,651 -2.8 BEARISH
TRS Reject Shop 2.02 3.6 55,060 -1.4 BEARISH
SGF SG Fleet 2.92 3.5 163,398 -1.8 BEARISH
GEM G8 Education 2.95 2.8 2,470,719 -0.1 BEARISH
SMX Sms Management & Technology 0.37 2.8 268,186 -3.4 BEARISH
PPC Peet & Company 1.15 2.7 56,115 -1.4 BEARISH
MLD Maca 0.93 2.2 714,054 -4.2 BEARISH
NZM Nzme 0.48 2.1 97,615 -0.7 BEARISH