James Hardie Industries

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%

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Trading Performance

Fibonacci Retracements

Score

0.65

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 4 95.3 0.50% 1.00% 12.8% -4.9% 15.7%
SHORT 4 86.0 0.50% 1.00% 14.0% -5.1% 17.8%

Summary

Technical Analysis

James Hardie Industries (JHX.AX)


Indicator:

FIBONACCI RETRACTION


Signal Strength: MEDIUM
Recommendation:

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading position.


James Hardie Industries (ASX:JHX) : The current Fibonacci Retraction levels are:
(23.61%) $19.12
(38.2%) $17.5
(50%) $17.34
(61.8%) $17.17

The current support levels are:
(78.6%) $16.93
(100%) $16.63
(138.2%) $16.09
(161.8%) $15.76
(261.8%) $14.35
(423.61%) $12.07



A Fibonacci retracement is a term used in technical analysis that refers to areas of support (price stops going lower) or resistance (price stops going higher). Fibonacci retracement levels use horizontal lines to indicate areas of support or resistance at the key Fibonacci levels before the trend continues in the original direction.

Calculation: Fibonacci Retracements:
1) Uptrend: C = B — (B — A) x N%;
2) Downtrend: C = B + (A — B) x N%;
3) Fibonacci Levels:
a) 23.61%;
b) 38.2%;
c) 50%;
d) 61.8%;
e) 78.6%;
f) 100%,


PROFILE: James Hardie Industries (JHX.AX)


Stock Exchange: ASX
Company: James Hardie Industries
Ticker Codes: | JHX.AX | ASX:JHX |

About James Hardie Industries (ASX:JHX):

James Hardie Industries plc, together with its subsidiaries, manufactures and sells fiber cement siding and backer board products. It operates through North America Fiber Cement, International Fiber Cement, Other Businesses, and Research and Development segments. The company offers fiber cement interior linings, exterior siding products, fiberglass windows, and related accessories products; fiber cement building materials for a range of applications, including external siding, internal walls, floors, ceilings, soffits, trim, fencing, decking, and facades; floor underlayments; planks, which are used in external siding; flat panels for internal and external wall linings; gypsum fiber boards; and cement-bonded boards. Its fiber cement products are used in various markets, including new residential construction, manufactured housing, repair and remodeling, and commercial and industrial applications. The company markets its products and systems under HardiePlank, HardiePanel, HardieTrim, HardieBacker, James Hardie, Artisan, Reveal, Cemplank, Scyon, Ritek, and HardieLinea brand names. James Hardie Industries plc was founded in 1888 and is headquartered in Dublin, Ireland.

Top 10:

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