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

MACD Volume

Score

-0.4

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 15 15.3 0.60% 1.13% 4.0% -9.3% -38.1%
SHORT 14 14.0 0.64% 1.50% 4.0% -6.1% -0.4%

Summary

Technical Analysis

Fairfax (FXJ.AX)


Indicator:

VOLUME MACD


Last Signal:

BEARISH


Trading: SELL @ $0.66
Signal Strength: MEDIUM
Recommendation:

Fairfax (ASX:FXJ) currently has negative Volume MACD of -2.47961e+006. This means the signal line is less than the Volume MACD line signalling a bearish 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: Fairfax (FXJ.AX)


Stock Exchange: ASX
Company: Fairfax
Ticker Codes: | FXJ.AX | ASX:FXJ |

About Fairfax (ASX:FXJ):

Fairfax Media Limited operates as a digitally progressive media company in Australia and New Zealand. It operates through Domain Group, Metropolitan Media, Australian Community Media, New Zealand Media, Radio, and Other segments. The company engages in news coverage through print publications and multi-media channels, digital ventures, events, and research for local regional and agricultural communities. Its regional publications include The Canberra Times, Newcastle Herald, Launceston Examiner, Border Mail, Ballarat Courier, and Illawarra Mercury with approximately 160 local newspapers and community-based Websites; agricultural publications comprise The Land, Queensland Country Life, North Queensland Register, Stock Journal, Stock, and Land along with Farm Weekly; events comprise AgQuip and CRT Farmfest Field Days, as well as is involved in Tamworth country music festival; and offers research and agricultural database options for rural industries. The company's publications also include The Sydney Morning Herald, The Age, and The Australian Financial Review. In addition, it engages in digital publishing, online dating, weather services, e-health, online education, video-on-demand, online jobs search, and online tender businesses. Further, the company provides residential, commercial, and rural property marketing solutions and search tools for buyers, investors, sellers, renters, and agents through mobile and tablet apps, at domain.com.au, as well as through metropolitan and regional newspapers. Additionally, it has a portfolio of lifestyle-oriented products focused on running, swimming, food and wine, parenting, and the arts; and operates a news and entertainment site, stuff.co.nz. The company also operates news, talk, and sport radio stations in Sydney and Melbourne. Fairfax Media Limited was incorporated in 1990 and is headquartered in Sydney, Australia.

Top 10:

MACD Volume

Download
Company Close Change(%) Volume Value Signal
MPP Metro Performance Glass 0.43 13.3 4,500 171,541 BULLISH
BFG Bell Financial 1 6.4 140,673 31,742 BULLISH
FID Fiducian 4.3 6.2 3,180 1,341 BULLISH
ADH Adairs 1.93 5.8 360,365 33,908 BULLISH
COE Cooper Energy 0.43 4.9 1,417,957 228,922 BULLISH
PME Pro Medicus 10.55 4.6 89,552 1,683 BULLISH
PNI Pinnacle Investment Management 5.73 3.1 441,823 23,557 BULLISH
SVW Seven Holdings 16.4 3 1,311,093 140,880 BULLISH
NAN Nanosonics 3.25 2.8 1,118,972 324,071 BULLISH
MIR Mirrabooka 2.63 2.3 80,339 6,045 BULLISH