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

Williams %R

Score

1.75

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 41 8.2 0.73% 2.73% 2.4% -2.3% 45.6%
SHORT 42 11.3 0.64% 1.80% 2.7% -3.9% 14.8%

Summary

Technical Analysis

Jb Hi-Fi (JBH.AX)


Indicator:

WILLIAMS %R


Last Signal:

BULLISH


Trading: BUY @ $41.01
Signal Strength: STRONG
Recommendation:

Indicator is best used in conjunction with additional indicators as it has the ability to highlight potential overbought or oversold levels. This indicator utilizes upper and lower bands to visually represent price extremes associated with the bands. Additional value can be added to the trading strategy by accessing divergences between price and volume.


Jb Hi-Fi (ASX:JBH) is currently Oversold highlighting the potential for a short term trend reversal in the upward direction.



Developed by Larry Williams, Williams %R is a momentum indicator that is the inverse of the Fast Stochastic Oscillator. Also referred to as %R Williams %R reflects the level of the close relative to the highest high for the look-back period.

Calculation: Williams %R:
1) %R = (Highest High - Close)/(Highest High - Lowest Low) * -100;
2) Lowest Low = lowest low for the look-back period Highest High = highest high for the look-back period %R is multiplied by -100 correct the inversion and move the decimal;


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.

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Williams %R

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