|Position||Trades||Duration||Win rate||Win/loss||Avg win||Avg loss||Return|
|Position||Trades||Duration||Win Rate||Win/Loss||Avg Win||Avg Loss||Return|
Huon Aquaculture (HUO.AX)
WEIGHTED MOVING AVERAGE
Trading: SELL @ $4.53
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.
Huon Aquaculture (ASX:HUO) 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 -0.4%.
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: Huon Aquaculture (HUO.AX)
Stock Exchange: ASX
Company: Huon Aquaculture
Ticker Codes: | HUO.AX | ASX:HUO |
Huon Aquaculture Group Limited, together with its subsidiaries, hatches, farms, processes, markets, and sells Atlantic salmon and ocean trout in Australia. It also exports its products internationally. The company was founded in 1986 and is headquartered in Dover, Australia. Huon Aquaculture Group Limited is a subsidiary of Surveyors Investments Pty Ltd.
|DDR Dicker Data||5.1||5.2||227,956||-1.9||BEARISH|
|SFR Sandfire Resources||6.55||4.3||2,699,730||-0.5||BEARISH|
|AVJ Av Jennings Homes||0.55||3.8||18,738||-0.5||BEARISH|
|ATL ASX 20||0.36||2.9||424,568||-6.5||BEARISH|
|MTO Moto Goldmines||1.14||2.7||90,827||-7.1||BEARISH|