Trading indicator
MACD VolumeBacktest 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% |
Trading Performance
MACD Volume
Score
-0.15
| Position | Trades | Duration | Win Rate | Win/Loss | Avg Win | Avg Loss | Return |
|---|---|---|---|---|---|---|---|
| LONG | 23 | 15.3 | 0.26% | 0.32% | 6.6% | -3.8% | -32.5% |
| SHORT | 22 | 16.4 | 0.55% | 1.09% | 4.0% | -3.3% | 11.8% |
Summary
Technical Analysis
Cardno (CDD.AX)
Indicator:
VOLUME MACD
Last Signal:
BULLISH
Trading: HOLD @ $0.91
Signal Strength: MEDIUM
Recommendation:
Cardno (ASX:CDD) currently has positive Volume MACD of 14009. This means the signal line is greater than the Volume 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
Volume Moving Average Convergence/Divergence (VMACD) 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 Volume (VMACD):
1) VMACD Line: (12-day EMA - 26-day EMA);
2) Signal Line: 9-day EMA of VMACD Line;
3) VMACD Histogram: VMACD Line - Signal Line;
PROFILE: Cardno (CDD.AX)
Stock Exchange: ASX
Company: Cardno
Ticker Codes: | CDD.AX | ASX:CDD |
Cardno Limited, a professional infrastructure and environmental services company, engages in the development and improvement of physical and social infrastructure for communities worldwide. The company offers technical and economic feasibility services; planning services, such as statutory planning, urban development, master planning and design, mapping and surveying, and transportation planning; environmental consulting services in natural systems assessment and management, environmental impact assessment and monitoring, agricultural development, climate change management, conservation, and rehabilitation; and engineering design services for various structures, spaces, and systems. It also provides software and technology solutions that aid planning and design for engineers and planners in various industries; project management services across the project lifecycle; construction materials testing and inspection services for building, infrastructure, and mining projects; and construction management services consisting of construction and contract administration, construction and demolition, construction supervision, and subsurface utility engineering. In addition, the company offers asset management, condition assessment, facilities management, infrastructure, and software implementation services; management consulting services to public and private clients to optimize their investment in physical, economic, and social infrastructure projects; and development assistance services to enhance infrastructure, economic, health, educational, and governance situations of developing nations. It serves the building, land, coastal and ocean, environment, international development, management services, energy and resources, transportation, water, and defense market sectors. The company was founded in 1945 and is headquartered in Fortitude Valley, Australia.
Top 10:
MACD Volume
| Company | Close | Change(%) | Volume | Value | Signal |
|---|---|---|---|---|---|
| LNG Liquefied Natural Gas | 0.3 | 25.5 | 6,662,815 | 449,052 | BULLISH |
| EWC Energy World Corporation | 0.1 | 9.2 | 682,001 | 3,675 | BULLISH |
| PRU Perseus Mining | 0.77 | 8.5 | 17,484,605 | 854,782 | BULLISH |
| RMS Ramelius Resources | 0.86 | 8.2 | 7,633,542 | 433,915 | BULLISH |
| CDV Cardinal Resources | 0.37 | 5.7 | 766,151 | 12,832 | BULLISH |
| PGC Paragon Care | 0.5 | 5.3 | 921,899 | 82,549 | BULLISH |
| PEA Pacific Energy | 0.72 | 4.3 | 988,388 | 78,126 | BULLISH |
| SLR Silver Lake Resources | 1.51 | 4.1 | 7,485,218 | 389,644 | BULLISH |
| DDR Dicker Data | 6.79 | 4 | 195,873 | 13,180 | BULLISH |
| SHM Shriro | 0.57 | 3.6 | 24,015 | 1,066 | BULLISH |