Medibank Private

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

MACD

Score

0.6

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 9 33.8 0.44% 0.80% 9.3% -4.3% 15.9%
SHORT 10 44.0 0.40% 0.67% 11.0% -3.8% 21.0%

Summary

Technical Analysis

Medibank Private (MPL.AX)


Indicator:

MACD


Last Signal:

BEARISH


Trading: SELL @ $3.65
Signal Strength: STRONG
Recommendation:

Medibank Private (ASX:MPL) currently has negative MACD of -0.0254. This means the signal line is less than the MACD line signalling a bearish movement.

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


Moving Average Convergence/Divergence (MACD) is an indicator that shows the relationship between two moving averages. It is calculated as a difference between the fast and slow moving averages. The historically popular is the difference between a securities 26-day and 12-day Exponential Moving Averages (EMA).

Calculation:: Moving Average Convergence Divergence (MACD);
1) MACD Line: (12-day EMA - 26-day EMA);
2) Signal Line: 9-day EMA of MACD Line;
3) MACD Histogram: MACD Line - Signal Line;


PROFILE: Medibank Private (MPL.AX)


Stock Exchange: ASX
Company: Medibank Private
Ticker Codes: | MPL.AX | ASX:MPL |

About Medibank Private (ASX:MPL):

Medibank Private Limited, an integrated healthcare company, provides private health insurance and health solutions in Australia. It operates in two segments, Health Insurance and Medibank Health. The Health Insurance segment offers private health insurance products, including hospital cover that provides members with health cover for hospital treatments; and ancillary cover, which offers members with health cover for healthcare services, such as dental, optical, and physiotherapy. This segment also provides health insurance products to overseas visitors and overseas students. The Medibank Health segment offers health management and telehealth services to government and corporate customers, as well as distributes travel, life, and pet insurance products. The company underwrites its health insurance products under the Medibank and ahm brand names. Medibank Private Limited was founded in 1976 and is based in Docklands, Australia.

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