Harvey Norman

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?

Trading Performance

MACD

Score

-1.3

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 21 19.0 0.43% 0.69% 2.0% -3.6% -28.7%
SHORT 20 16.9 0.30% 0.40% 4.7% -3.3% -21.4%

Summary

Technical Analysis

Harvey Norman (HVN.AX)


Indicator:

MACD


Last Signal:

BEARISH


Trading: SELL @ $4.16
Signal Strength: STRONG
Recommendation:

Harvey Norman (ASX:HVN) currently has negative MACD of -0.0049. This means the signal line is less than the 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


Moving Average Convergence/Divergence (MACD) 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 (MACD);
1) MACD Line: (12-day EMA - 26-day EMA);
2) Signal Line: 9-day EMA of MACD Line;
3) MACD Histogram: MACD Line - Signal Line;


PROFILE: Harvey Norman (HVN.AX)


Stock Exchange: ASX
Company: Harvey Norman
Ticker Codes: | HVN.AX | ASX:HVN |

About Harvey Norman (ASX:HVN):

Harvey Norman Holdings Limited grants franchises to independent business proprietors. Its franchisees sell products in various categories, including electrical goods, furniture, computers and communications, bedding and manchester, kitchen appliances, small appliances, bathroom and tiles, and carpets and flooring. The company has 194 franchised complexes under the Harvey Norman, Domayne, and Joyce Mayne brands in Australia; and 87 company-operated stores under the Harvey Norman brand in New Zealand, Ireland, Northern Ireland, Singapore, Malaysia, Slovenia, and Croatia. It is also involved in the property investment and media placement activities, as well as provides consumer finance and other commercial loans and advances. The company was founded in 1982 and is based in Homebush West, Australia.

Top 10:

MACD

Download
Company Close Change(%) Volume Value Signal
OSP Osprey Medical 0.07 17.7 881,992 0 BEARISH
KSL Kina Securities 1.36 5 784,095 -0.01 BEARISH
PNC Pioneer Credit 2.35 4.4 105,156 -0.06 BEARISH
CLQ Clean Teq Holdings 0.37 4.2 1,734,161 0 BEARISH
ONT 1300 Smiles 6.4 3.6 782 -0.03 BEARISH
MVF Monash IVF 1.44 3.6 383,757 -0.01 BEARISH
SHM Shriro 0.55 2.8 48,315 -0.01 BEARISH
QMS Qms Media 0.82 2.5 3,244,253 0 BEARISH
LOV Lovisa 11.59 2.3 364,525 -0.01 BEARISH
APE Ap Eagers Holdings 10.06 2.1 226,324 -0.07 BEARISH