Trading indicator
Simple Moving AverageBacktest 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
Simple Moving Average
Score
0.3
| Position | Trades | Duration | Win Rate | Win/Loss | Avg Win | Avg Loss | Return |
|---|---|---|---|---|---|---|---|
| LONG | 35 | 12.6 | 0.29% | 0.40% | 6.9% | -1.9% | 23.0% |
| SHORT | 36 | 9.9 | 0.22% | 0.29% | 7.2% | -2.2% | -4.6% |
Summary
Technical Analysis
Gentrack (GTK.AX)
Indicator:
SIMPLE MOVING AVERAGE
Last Signal:
BEARISH
Trading: SELL @ $4.98
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.
Gentrack (ASX:GTK) currently has a confirmed downtrend. This means the SMA 15 day average has moved below the closing price confirming the short term trend following indicator. Currently, the return on SMA15 is -3.5%.
A simple moving average is formed by computing the average price of a security over a specific number of periods. Most moving averages are based on closing prices.
Calculation: Simple Moving Average:
1) SMA: n period sum / n;
PROFILE: Gentrack (GTK.AX)
Stock Exchange: ASX
Company: Gentrack
Ticker Codes: | GTK.AX | ASX:GTK |
Gentrack Group Limited engages in the development, integration, and support of enterprise billing and customer management software solutions for the energy and water utility, and airport industries worldwide. It operates in two segments, Utility Billing Software and Airport Management Software. The company's primary software products include Gentrack Velocity, Junifer, Airport 20/20, BlipTrack, and Concessionaire Analyzer+ (CA+). The company's Velocity and Junifer solutions provide billing and customer management solutions for energy and water suppliers. Its Airport 20/20, BlipTrack, and CA+ offers a solution suite to connect and unlock the airport operations, revenues, concessions, and passengers data. The company was founded in 1989 and is headquartered in Auckland, New Zealand.
Top 10:
Simple Moving Average
| Company | Close | Change(%) | Volume | Value | Signal |
|---|---|---|---|---|---|
| RAP Resapp Health | 0.15 | 7.1 | 428,520 | -0.5 | BEARISH |
| MNS Milnes Holdings | 0.21 | 5.1 | 895,452 | -5.7 | BEARISH |
| ONE Oneview Healthcare | 0.25 | 4.2 | 107,600 | -1.6 | BEARISH |
| IRD Iron Road | 0.06 | 3.5 | 18,500 | -4.1 | BEARISH |
| ERA Energy Resources Of Australia | 0.2 | 2.6 | 45,870 | -4.6 | BEARISH |
| BWX BWX | 1.64 | 2.5 | 656,613 | -9.7 | BEARISH |
| LVH Livehire | 0.41 | 2.5 | 140,665 | -9.7 | BEARISH |
| DCN Dacian Gold | 1.69 | 2.4 | 565,140 | -3.8 | BEARISH |
| FWD Fleetwood | 1.84 | 2.2 | 12,917 | -0.8 | BEARISH |
| PRT Prime Television | 0.24 | 2.2 | 93,716 | -5.1 | BEARISH |