Mcconnell Dowell Corporation

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

Stochastic Oscillator



Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 33 10.2 0.33% 0.46% 6.9% -4.0% -20.3%
SHORT 33 14.0 0.52% 0.94% 8.1% -4.7% 52.2%


Technical Analysis

Mcconnell Dowell Corporation (MDC.AX)



Last Signal:


Trading: SELL @ $0.39
Signal Strength: STRONG

Indicator is best used in conjunction with additional indicators as it has the ability to highlight potential overbought or oversold levels. This indicator utilizes upper and lower bands to visually represent price extremes associated with the bands. Additional value can be added to the trading strategy by accessing divergences between price and volume.

Mcconnell Dowell Corporation (ASX:MDC) is currently Overbought highlighting the potential for a short term trend reversal in the downward direction.

In technical analysis of securities trading the stochastic oscillator is a momentum indicator that uses support and resistance levels. Dr George Lane developed this indicator in the late 1950s. The term stochastic refers to the point of a current price in relation to its price range over a period of time. This method attempts to predict price turning points by comparing the closing price of a security to its price range.

Calculation: Stochastic Oscillator:
1) %K = (Current Close - Lowest Low)/(Highest High - Lowest Low) * 100;
2) %D = 3-day SMA of %K Lowest Low = lowest low for the look-back period Highest High = highest high for the look-back period %K is multiplied by 100 to move the decimal point two places;

PROFILE: Mcconnell Dowell Corporation (MDC.AX)

Stock Exchange: ASX
Company: Mcconnell Dowell Corporation
Ticker Codes: | MDC.AX | ASX:MDC |

About Mcconnell Dowell Corporation (ASX:MDC):

Medlab Clinical Limited, a medical research and development facility, engages in nutraceutical products and pharmaceutical research businesses in Australia. The company develops bio-therapeutics for chronic kidney diseases, pre-diabetes/obesity, depression, musculoskeletal muscle loss associated with ageing, and non-opioid pain management. It also provides nutraceuticals for anti-inflammatory, cardiovascular support, endocrine support, gastrointestinal support, immunological support, infants and toddlers, metabolic support, musculoskeletal support, neurological support, sports performance, urogenital support, and weight management, as well as for men, pregnancy, seniors, teenagers, and women support. The company has a strategic alliance with Heritage Brands Limited to develop and market its products for the pharmacy retail channel. Medlab Clinical Limited was founded in 2012 and is based in Alexandria, Australia.

Top 10:

Stochastic Oscillator

Company Close Change(%) Volume Value Signal
PPC Peet & Company 1.13 1.8 152,252 76.9 BEARISH CROSSOVER
REX Regional Express 1.43 1.4 58,025 80 BEARISH CROSSOVER
LEP Ale Property 4.76 0.6 8,160 16.7 BEARISH CROSSOVER
IVC Invocare 15.66 0.4 164,565 72.4 BEARISH CROSSOVER
BHP BHP 37.45 0.3 5,998,151 56.3 BEARISH CROSSOVER
CBA Commonwealth Bank 78.18 0 2,851,840 79.3 BEARISH CROSSOVER
AMH Amcil 0.86 0 42,720 50 BEARISH CROSSOVER
BKI Brickworks Investment 1.52 0 440,306 73.3 BEARISH CROSSOVER
NZK New Zealand King Salmon Investments 2.29 0 0 77.3 BEARISH CROSSOVER
PGC Paragon Care 0.44 0 120,811 80 BEARISH CROSSOVER