Trading indicator
MACDTrade setup
| Position | Order | Entry | Exit | Stop Loss | Risk | Return | Expectancy |
| Long | 10 | 4.5 | 20% | 25% | 1.6% | -0.8% | -3.4% |
|---|---|---|---|---|---|---|---|
| Short | 5 | 4.2 | 40% | 67% | 1.9% | -3.2% | -5.9% |
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% |
Company
Indicator
| Code | Company | Date | Close | Change | Indicator | Value | Signal |
|---|
Trading Performance
MACD
Score
-2.95
| Position | Trades | Duration | Win Rate | Win/Loss | Avg Win | Avg Loss | Return |
|---|---|---|---|---|---|---|---|
| LONG | 25 | 13.6 | 0.36% | 0.56% | 2.4% | -3.5% | -33.9% |
| SHORT | 26 | 15.8 | 0.19% | 0.23% | 1.7% | -3.3% | -64.6% |
Summary
Technical Analysis
Jb Hi-Fi (JBH.AX)
Indicator:
MACD
Last Signal:
BEARISH
Trading: SELL @ $37.48
Signal Strength: STRONG
Recommendation:
Jb Hi-Fi (ASX:JBH) currently has negative MACD of -0.0363. 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: Jb Hi-Fi (JBH.AX)
Stock Exchange: ASX
Company: Jb Hi-Fi
Ticker Codes: | JBH.AX | ASX:JBH |
JB Hi-Fi Limited retails home consumer products. The company operates through three segments: JB Hi-Fi Australia, JB Hi-Fi New Zealand, and The Good Guys. It offers consumer electronics, such as televisions, audio equipment, computers, and cameras; software products, including CDs, DVDs, Blu-ray discs, and games; whitegoods, cooking products, heating and cooling products, small appliances, and kitchen accessories; telecommunications products and services; and musical instruments. The company also provides information technology and consulting services. As of June 30, 2017, the company sold its products through branded retail store network comprising 185 JB Hi-Fi/JB Hi-Fi Home stores in Australia; 16 JB Hi-Fi/JB Hi-Fi Home stores in New Zealand; and 102 The Good Guys stores in Australia, as well as through online. JB Hi-Fi Limited was founded in 1974 and is based in Chadstone, Australia.
Top 10:
MACD
| Company | Close | Change(%) | Volume | Value | Signal |
|---|---|---|---|---|---|
| PLS Pilbara Minerals | 0.27 | 5.9 | 10,196,925 | 0 | BULLISH CROSSOVER |
| BAF Blue Sky Alternatives | 0.87 | 1.8 | 94,841 | 0 | BULLISH CROSSOVER |
| CAR Carsales | 16.67 | 1.6 | 516,310 | 0.01 | BULLISH CROSSOVER |
| PGF PM Capital Global Opportunities Fund | 1.24 | 1.6 | 293,913 | 0 | BULLISH CROSSOVER |
| CWP Cedar Woods Properties | 7.6 | 1.3 | 46,706 | 0 | BULLISH CROSSOVER |
| ENN Elanor Investors | 2.14 | 0.9 | 125,806 | 0 | BULLISH CROSSOVER |
| IAG Insurance Australia | 7.98 | 0.6 | 1,911,018 | 0 | BULLISH CROSSOVER |
| HVN Harvey Norman | 4.19 | 0.5 | 3,332,182 | 0 | BULLISH CROSSOVER |
| EAI Ellerston Asian Investment | 1.03 | 0.5 | 197,826 | 0 | BULLISH CROSSOVER |
| DJW Djerriwarth Investments | 3.67 | 0.5 | 129,842 | 0 | BULLISH CROSSOVER |