Japara Healthcare

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

Daily Volume Index

Score

-0.8

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 18 15.2 0.17% 0.20% 6.1% -7.0% -86.4%
SHORT 19 24.9 0.53% 0.77% 14.3% -4.1% 90.0%

Summary

Technical Analysis

Japara Healthcare (JHC.AX)


Indicator:

DAILY VOLUME INDEX


Last Signal:

BEARISH


Trading: SELL @ $0.49
Signal Strength: MEDIUM
Recommendation:

Japara Healthcare (ASX:JHC) current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the DVI is -7123.


Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading exit. Indicator can be applied to the short/medium term timeframe, but the best results are obtained with larger cyclical swings in-line with the trend direction. This accumulation / distribution oscillator can provide guidance on the money flow direction from the companies recent trading.


The daily volume index (DVI) is the amount of individual securities traded in a day on average over a specified period of time. Trading activity relates to the liquidity of a security. When average daily trading volume is high the stock can be easily traded and has high liquidity if trading volume is not very high and the security will tend to be less expensive because people are not as willing to buy it. As a result average daily trading volume can have an effect on the price of the security.

Calculation: Daily Volume Index (DVI):
1) [Close]-[Average price] / [Average price] x [Volume];


PROFILE: Japara Healthcare (JHC.AX)


Stock Exchange: ASX
Company: Japara Healthcare
Ticker Codes: | JHC.AX | ASX:JHC |

About Japara Healthcare (ASX:JHC):

Japara Healthcare Limited, together with its subsidiaries, owns, develops, and operates residential aged care facilities in Australia. It operates approximately 4,900 resident places across 43 facilities located in Victoria, New South Wales, Queensland, South Australia, and Tasmania; and 180 independent living units across five retirement villages. The company was founded in 2005 and is based in Southbank, Australia.

Top 10:

Daily Volume Index

Download
Company Close Change(%) Volume Value Signal
BBN Baby Bunting 2.11 24.1 1,475,856 -2,626 BEARISH
ISD Isentia 0.15 20.8 1,057,241 -13,003 BEARISH
MNS Milnes Holdings 0.07 16.4 1,133,686 -2,458 BEARISH
BKY Berkeley Resources 0.16 14.3 542,159 -49 BEARISH
VRL Village Roadshow 1.14 14 354,335 -3,246 BEARISH
BEE Broo 0.01 12.5 126,198 -1,731 BEARISH
AGI Ainsworth Game Technology 0.41 12.3 313,697 -685 BEARISH
FBR Fastbrick Robotics 0.02 11.8 7,287,115 -6,147 BEARISH
AVJ Av Jennings Homes 0.43 9 178,441 -425 BEARISH
PGC Paragon Care 0.13 8.7 1,277,228 -803 BEARISH