Mg Unit Trust

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

Strong Reversal

Score

8.5

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 2 109.5 1.00% % 20.4% % 40.7%
SHORT 2 314.0 0.50% 1.00% 12.2% -62.2% -50.0%

Summary

Technical Analysis

Mg Unit Trust (MGC.AX)


Indicator:

JAPANESE CANDLE


Last Signal:


Trading: POSITION @ $0.36
Signal Strength: STRONG
Recommendation:

Indicator MUST BE USED in additional to another technical indicator to confirmation for trading position. Indicator can be applied to the short term timeframe but is only able to give and indication of the strength of the buyers versus sellers at the market close. This Japanese candlestick indicator can provide guidance on the short term battle between sellers and buyers from the companies recent trading.


Mg Unit Trust (ASX:MGC) No strong reversal signals currently present. Previous signals for MGC include:


No Bullish Engulfing formations in the last 12 months


No Bullish Engulfing formations in the last 12 months.


No Bullish Engulfing formations in the last 12 months.


No Bear Engulfing formations in the last 12 months.


No Dark Cloud Cover formations in the last 12 months.


No Piercing Pattern formations in the last 12 months.


PROFILE: Mg Unit Trust (MGC.AX)


Stock Exchange: ASX
Company: Mg Unit Trust
Ticker Codes: | MGC.AX | ASX:MGC |

About Mg Unit Trust (ASX:MGC):

MG Unit Trust operates as a special purpose funding vehicle in Australia. It holds interest in subordinated notes and convertible preference shares issued by Murray Goulburn Co-operative Co. Limited. The company was founded in 2015 and is based in Southbank, Australia. MG Unit Trust is a subsidiary of Murray Goulburn Co-Operative Co. Limited.

Top 10:

Strong Reversal

Download
Company Close Change(%) Volume Value Signal
MOY Millennium Minerals 0.12 27.8 9,674,612 0 NEUTRAL
BKY Berkeley Resources 0.38 13.4 25,468 0 NEUTRAL
GGG Greenland Minerals 0.14 12 2,427,802 0 NEUTRAL
KGN Kogan 4.9 11.4 2,944,734 0 NEUTRAL
PPS Praemium 0.36 9.1 3,792,112 0 NEUTRAL
DNA Donaco International 0.13 8.3 2,639,011 0 NEUTRAL
CKF Collins Foods 8.34 8 971,412 0 NEUTRAL
AJM Altura Mining 0.14 8 8,666,348 0 NEUTRAL
SHJ Shine Corporate 0.7 7.7 1,466,832 0 NEUTRAL
NWH NRW 2.47 6.9 3,715,368 0 NEUTRAL