Trading indicator
Average True RangeBacktest 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% |
Trading Performance
Average True Range
Score
0.8
| Position | Trades | Duration | Win Rate | Win/Loss | Avg Win | Avg Loss | Return |
|---|---|---|---|---|---|---|---|
| LONG | 2 | 40.5 | 0.50% | 1.00% | 24.8% | -4.2% | 20.6% |
| SHORT | 2 | 287.5 | 0.50% | 1.00% | 26.9% | -0.9% | 26.0% |
Summary
Technical Analysis
Monash IVF has a TR of 0.035, and an ATR(14) of 0.045.
Average true range (ATR) is a technical analysis volatility indicator originally developed by J. Welles Wilder Jr. for commodities. The indicator does not provide an indication of price trend simply the degree of price volatility.
Calculation: Average True Range (ATR):
1) Current ATR = [(Prior ATR x 13) + Current TR] / 14;
2) Where TR = max[(high-low) abs(high-close previous) abs (low-close previous)]
PROFILE: Monash IVF (MVF.AX)
Stock Exchange: ASX
Company: Monash IVF
Ticker Codes: | MVF.AX | ASX:MVF |
Monash IVF Group Limited provides human fertility, assisted reproductive, and specialist women imaging services in Australia and Malaysia. It provides low intervention IVF services, fertility center services, fertility research and treatment services, tertiary level prenatal diagnostic services, and diagnostic ultrasound services. The company operates 22 fertility clinics, 17 specialist women's imaging sites, 5 service centers, 2 specialized diagnostic laboratories, and 2 day hospitals. The company was incorporated in 2014 and is based in Richmond, Australia.
Top 10:
Average True Range
| Company | Close | Change(%) | Volume | Value | Signal |
|---|---|---|---|---|---|
| MOY Millennium Minerals | 0.13 | 13.6 | 1,861,319 | 0.01 | NEUTRAL |
| SLR Silver Lake Resources | 1.45 | 8.2 | 9,252,383 | 0.07 | NEUTRAL |
| RSG Resolute Mining | 1.74 | 7.1 | 9,161,059 | 0.07 | NEUTRAL |
| AEF Australian Ethical Investments | 2.03 | 6.8 | 76,257 | 0.14 | NEUTRAL |
| MLX Metals X | 0.25 | 6.4 | 2,769,031 | 0.02 | NEUTRAL |
| AQG Alacer Gold Corp | 5.42 | 6.3 | 936,317 | 0.19 | NEUTRAL |
| OMH OM Holdings | 0.86 | 5.5 | 28,581 | 0.05 | NEUTRAL |
| WAF West African Resources | 0.39 | 5.4 | 3,897,020 | 0.02 | NEUTRAL |
| SBM St Barbara Mines | 3.55 | 5.3 | 5,019,351 | 0.14 | NEUTRAL |
| AGG Anglogold Ashanti | 5.56 | 5.1 | 467,306 | 0.17 | NEUTRAL |