|Position||Trades||Duration||Win rate||Win/loss||Avg win||Avg loss||Return|
|Position||Trades||Duration||Win Rate||Win/Loss||Avg Win||Avg Loss||Return|
Japara Healthcare (JHC.AX)
DAILY VOLUME INDEX
Trading: SELL @ $0.49
Signal Strength: MEDIUM
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 |
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.
|BBN Baby Bunting||2.11||24.1||1,475,856||-2,626||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|
|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|