|Position||Trades||Duration||Win rate||Win/loss||Avg win||Avg loss||Return|
|Position||Trades||Duration||Win Rate||Win/Loss||Avg Win||Avg Loss||Return|
Hansen Technologies (HSN.AX)
WEIGHTED MOVING AVERAGE
Trading: SELL @ $3.83
Signal Strength: STRONG
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.
Hansen Technologies (ASX:HSN) currently has a confirmed downtrend. Recent trading has caused the WMA 15 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on WMA15 is -1.3%.
Weighted moving averages (WMA) are difficult to construct but more reliable than the simple moving averages. WMA permits an unequal weighting on prior time periods.
Calculation: Weighted Moving Average (WMA):
1) Ft= W1At-1 + WnAt-n
PROFILE: Hansen Technologies (HSN.AX)
Stock Exchange: ASX
Company: Hansen Technologies
Ticker Codes: | HSN.AX | ASX:HSN |
Hansen Technologies Ltd develops, integrates, and supports billing systems software solutions for the utilities, energy, pay-tv, and telco sectors. It operates through Billing, IT Outsourcing, and Other. The company's energy and utilities solutions include Banner CIS, a customer care and billing system that enables utilities and municipalities to manage the customer service and revenue lifecycle for the provision of electricity, gas, and water services; Nirvanasoft to manage the entire customer lifecycle in multiple markets and bill models; Peaceplus, a solution for utilities, retailers, and network companies; Utilsoft Market Gateway solution that supports data management processes for energy companies in deregulated markets; and HUB Energy, a solution for distribution networks operating in deregulated competitive markets. It also provides naviBilling, a CRM and convergent billing platform for telecom service providers; HUB Telco, a modular customer care and billing suite for telecommunications providers; and ICC solution for pay-TV operators. In addition, the company offers data center solutions; cloud solutions, such as infrastructure as a service, software as a service, hardware and operating system, network and security, and daily back-up; and IT managed services consisting of technical support, customer support, network, and security services. Further, it provides application services consisting of turnkey, system integration, application management, performance tuning, hosting, and support solutions; and superannuation administration software. The company has operations in Australia, Asia, the Americas, Europe, the Middle East, and Africa. Hansen Technologies Ltd was founded in 1971 and is based in Doncaster, Australia.
|ARG Argo Investments||8.07||0||315,353||0||BEARISH CROSSOVER|
|VGL Volante||5.7||0||901||0||BEARISH CROSSOVER|
|EQT Equity Trustees||28||-0.1||141,435||-0.2||BEARISH CROSSOVER|
|NAB National Australia Bank||26.85||-0.3||5,459,747||0||BEARISH CROSSOVER|
|GDI GDI Property||1.42||-0.4||558,921||-0.1||BEARISH CROSSOVER|
|BOQ Bank Of Queensland||9.47||-0.6||1,586,939||-0.6||BEARISH CROSSOVER|
|ANZ Australia & Banking||28.45||-0.8||5,151,976||-0.1||BEARISH CROSSOVER|
|CWY Cleanaway Waste Management||2.31||-0.9||3,602,266||-0.9||BEARISH CROSSOVER|
|TAH Tabcorp Holdings||4.53||-0.9||3,263,116||-0.8||BEARISH CROSSOVER|
|NZM Nzme||0.48||-1||31,470||-0.2||BEARISH CROSSOVER|