Event Hospitality And Entertainment

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

-2.55

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 47 9.4 0.23% 0.30% 2.5% -1.9% -41.6%
SHORT 45 8.5 0.16% 0.18% 2.4% -1.5% -40.7%

Summary

Technical Analysis

Event Hospitality And Entertainment (EVT.AX)


Indicator:

SINE WEIGHTED MOVING AVERAGE


Last Signal:

BULLISH


Trading: BUY @ $13.34
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.


Event Hospitality And Entertainment (ASX:EVT) currently has a confirmed uptrend. Recent trading has caused the SWMA 15 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SWMA15 is 0.6%.



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: Event Hospitality And Entertainment (EVT.AX)


Stock Exchange: ASX
Company: Event Hospitality And Entertainment
Ticker Codes: | EVT.AX | ASX:EVT |

About Event Hospitality And Entertainment (ASX:EVT):

Event Hospitality & Entertainment Limited operates as an entertainment, hospitality, and leisure company in Australia, New Zealand, Fiji, and Germany. The company operates through Entertainment Australia, Entertainment New Zealand, Entertainment Germany, Hotels and Resorts, Thredbo Alpine Resort, and Property and Other Investments segments. It is involved in cinema exhibition operations under the Event Cinemas, Moonlight Cinemas, CineStar Cinemas, and Greater Union & Birch Carroll & Coyle Cinemas brands; and the operation of Cine Buzz Rewards, a movie loyalty program, as well as State Theatre, a 2,000-seat theatre located in Sydney. The company also supplies cinema technology solutions to the industry in digital and electronic cinema, and film projection portfolios; owns, operates, and manages hotels and resorts under the Eventhouse, Rydges, Atura, Thredbo Alpine, and QT brands; and operates Priority Guest Rewards, a hotel and resort rewards program. In addition, it develops and invests in properties; and invests in shares of listed and unlisted companies. The company was formerly known as Amalgamated Holdings Limited and changed its name to Event Hospitality & Entertainment Limited in December 2015. Event Hospitality & Entertainment Limited was founded in 1910 and is headquartered in Sydney, Australia.

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