Milnes Holdings

What indicators would you like to setup a trade for?

Candlestick Daily volume index Bar reversal Edit

Trade setup

Position Order Entry Exit Stop Loss Risk Return Expectancy
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?

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%

Company

Indicator

Code Company Date Close Change Indicator Value Signal

Trading Performance

Simple Moving Average

Score

-0.5

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 30 8.7 0.20% 0.24% 6.5% -4.2% -66.7%
SHORT 30 16.5 0.47% 0.74% 7.4% -3.2% 42.8%

Summary

Technical Analysis

Milnes Holdings (MNS.AX)


Indicator:

SIMPLE MOVING AVERAGE


Last Signal:

BULLISH


Trading: BUY @ $0.185
Signal Strength: STRONG
Recommendation:

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has the ability to highlight trends across numerous timeframes. This indicator has the ability to smooth historical results to illustrate trend initiation and status. Although this is a simple trend following indicator & can provide good results when coupled with the right indicator. Note, this indicator does not work well in ranging markets producing unwanted whipsaws and false signals.


Milnes Holdings (ASX:MNS) currently has a confirmed uptrend. This means the SMA 15 day average has exceeded the closing price confirming the short term trend following indicator. Currently, the return on SMA15 is 8.8%.



A simple moving average is formed by computing the average price of a security over a specific number of periods. Most moving averages are based on closing prices.

Calculation: Simple Moving Average:
1) SMA: n period sum / n;


PROFILE: Milnes Holdings (MNS.AX)


Stock Exchange: ASX
Company: Milnes Holdings
Ticker Codes: | MNS.AX | ASX:MNS |

About Milnes Holdings (ASX:MNS):

Magnis Resources Limited explores for and develops mineral properties in Australia and East Africa. The company explores for natural flake graphite for use in various industries primarily batteries for storing electrical energy. Its flagship project includes the Nachu graphite project located in south east Tanzania. The company was formerly known as Uranex Limited and changed its name to Magnis Resources Limited in September 2014. Magnis Resources Limited was incorporated in 2005 and is headquartered in Sydney, Australia.

Top 10:

Simple Moving Average

Download
Company Close Change(%) Volume Value Signal
BNO Bionomics 0.05 35.9 9,907,813 -9.1 BEARISH
BOC Bougainville Copper 0.14 17.4 108,996 -1.9 BEARISH
BRN Brainchip Holdings 0.05 6.7 3,264,414 -6.6 BEARISH
BKW Brickworks 17.54 6.4 1,060,035 -3.4 BEARISH
SYR Syrah Resources 0.54 4.9 2,557,693 -3.3 BEARISH
BGA Bega Cheese 4.58 4.8 1,923,906 -0.3 BEARISH
ISD Isentia 0.45 4.7 660,482 -6.6 BEARISH
KAR Karoon Gas Australia 1.29 4.5 338,923 -2.9 BEARISH
DDR Dicker Data 7.67 4.1 226,493 -1 BEARISH
CGC Consolidated Gaming Corporation 3.69 3.9 2,800,847 -4 BEARISH