Lindsay Australia

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

Momentum Oscillator

Score

-3.55

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 35 9.9 0.34% 0.40% 1.5% -3.0% -73.2%
SHORT 35 12.4 0.34% 0.41% 1.5% -3.0% -69.8%

Summary

Technical Analysis

Lindsay Australia (LAU.AX)


Indicator:

MOMENTUM


Last Signal:

BEARISH


Trading: SELL @ $0.33
Signal Strength: MEDIUM
Recommendation:

Lindsay Australia (ASX:LAU) currently has negative momentum of -0.015 This means the current price is less than the price 14 days ago and therefore losing momentum.

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has the ability to detect the speed of movement & give an early signal for a potential movement. By understanding the rate at which the price is moving in respect to the stocks historical trades, enables positions to be set in place based on changes in the speed of movement


Momentum measures the rate of change in closing prices and is used to detect trend weakness and likely reversal points. It is often underrated because of its simplicity. High Momentum readings (positive or negative) occur when a trend is at its strongest. Lower readings are found at the start and end of trends. Overbought and oversold levels are set separately for each security based on the performance of the indicator over past cycles.

Calculation: Momentum Oscillator (MOM):
1) Closing Price [today] - Closing Price [n days ago];


PROFILE: Lindsay Australia (LAU.AX)


Stock Exchange: ASX
Company: Lindsay Australia
Ticker Codes: | LAU.AX | ASX:LAU |

About Lindsay Australia (ASX:LAU):

Lindsay Australia Limited provides transport, logistics, and rural supply services to the food processing, food services, fresh produce, rural, and horticultural sectors in Australia. It operates through Transport and Rural segments. The Transport segment is involved in the cartage of general and refrigerated products, and ancillary sales. The Rural segment sells and distributes a range of agricultural supply products. Lindsay Australia Limited is headquartered in Acacia Ridge, Australia.

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