What indicators would you like to setup a trade for?

Candlestick Daily volume index Bar reversal Edit

Trade 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%

What indicators would you like to backtest?

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%

Company

Indicator

Code Company Date Close Change Indicator Value Signal

Trading Performance

Momentum Oscillator

Score

-0.8

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 31 12.0 0.26% 0.33% 5.6% -1.9% -0.4%
SHORT 33 11.5 0.24% 0.32% 3.5% -2.3% -29.6%

Summary

Technical Analysis

Jb Hi-Fi (JBH.AX)


Indicator:

MOMENTUM


Last Signal:

BEARISH CROSSOVER


Trading: SELL @ $36.24
Signal Strength: MEDIUM
Recommendation:

Jb Hi-Fi (ASX:JBH) currently has negative momentum of -0.21 This means the current price is less than the price 14 days ago and therefore losing momentum.

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


Momentum measures the rate of change in closing prices and is used to detect trend weakness and likely reversal points. It is often underrated because of its simplicity. High Momentum readings (positive or negative) occur when a trend is at its strongest. Lower readings are found at the start and end of trends. Overbought and oversold levels are set separately for each security based on the performance of the indicator over past cycles.

Calculation: Momentum Oscillator (MOM):
1) Closing Price [today] - Closing Price [n days ago];


PROFILE: Jb Hi-Fi (JBH.AX)


Stock Exchange: ASX
Company: Jb Hi-Fi
Ticker Codes: | JBH.AX | ASX:JBH |

About Jb Hi-Fi (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:

Momentum Oscillator

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Company Close Change(%) Volume Value Signal
AVJ Av Jennings Homes 0.6 0.8 11,288 -0.01 BEARISH CROSSOVER
MFG Magellan Financial 48.9 0 394,142 -0.82 BEARISH CROSSOVER
EWC Energy World Corporation 0.09 0 287,002 0 BEARISH CROSSOVER
APD Apn Property 0.53 0 358,277 -0.01 BEARISH CROSSOVER
LAU Lindsay Australia 0.37 0 8,400 -0.01 BEARISH CROSSOVER
SRV Servcorp 4.34 -0.2 4,545 -0.13 BEARISH CROSSOVER
ABA Auswide Bank 5.66 -0.4 19,205 -0.03 BEARISH CROSSOVER
APZ Aspen 1.2 -0.4 511 -0.01 BEARISH CROSSOVER
GOW Gowing Bros 2.25 -0.4 4,644 -0.03 BEARISH CROSSOVER
MVP Medical Developments 5.72 -0.5 21,925 -0.03 BEARISH CROSSOVER