Japara Healthcare

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%

What indicators would you like to backtest?

Trading Performance

Elder Ray Index

Score

-0.55

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 33 16.5 0.42% 0.70% 2.9% -3.7% -33.3%
SHORT 34 7.4 0.47% 0.73% 3.6% -2.2% 10.0%

Summary

Technical Analysis

Japara Healthcare (JHC.AX)


Indicator:

ELDER RAY INDEX


Last Signal:

BEARISH


Trading: SELL @ $1.315
Signal Strength: MEDIUM
Recommendation:

Volatility indicators highlight potential moves of a stock which can either move sharply in the updwards or downwards direction. This indicator allows stocks to be compared on a level playing field to highlight high and low volatility. Normally, falling markets are more likely to be volatile than a rising markets due to the emotion that gets tied to trading. Use volatility indicators in conjunction with other indicators to reduce exposure to false moves.


Japara Healthcare (ASX:JHC) Elder Ray Index is signalling a Bearish movement



A technical indicator developed by Alexander Elder that measures the amount of buying and selling pressure in the market. This indicator consists of two separate indicators known as bull power and bear power. These figures allow a trader to determine the position of the price relative to a certain exponential moving average (EMA).

Calculation: Elder Ray Index (ERI):
1) Bull Power = Daily High - n-period EMA;
2) Bear Power = Daily Low - n-period EMA;


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:

Elder Ray Index

Download
Company Close Change(%) Volume Value Signal
AJX Alexium International 0.13 8.7 796,462 -0.01 BEARISH
AQG Alacer Gold Corp 4.42 8.6 637,521 -0.13 BEARISH
SMN Structural Monitoring Systems 0.76 7.8 422,370 -0.03 BEARISH
NAN Nanosonics 4.93 6.7 1,283,636 -0.03 BEARISH
ASL Ausdrill 1.51 5.2 2,815,654 -0.03 BEARISH
ATL ASX 20 0.41 5.1 164,830 -0.03 BEARISH
DNA Donaco International 0.11 5 843,519 -0.01 BEARISH
OGC Oceanagold Corporation 4.21 5 264,236 -0.1 BEARISH
EVN Evolution Mining 4.13 4.8 11,519,500 -0.01 BEARISH
BKY Berkeley Resources 0.39 4.1 177,478 0 BEARISH