|Position||Trades||Duration||Win rate||Win/loss||Avg win||Avg loss||Return|
|Position||Trades||Duration||Win Rate||Win/Loss||Avg Win||Avg Loss||Return|
Maxitra Industries (MXI.AX)
DETREND PRICE OSCILLARTOR
Trading: BUY @ $0.225
Signal Strength: STRONG
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.
Maxitra Industries (ASX:MXI) currently has a confirmed uptrend. Price is currently above the displaced moving average for MXI Currently, the return on DPO20 is -2.2%.
The Detrended Price Oscillator (DPO) is an indicator designed to remove trend from price and make it easier to identify cycles. DPO does not extend to the last date because it is based on a displaced moving average. However alignment with the most recent is not an issue because DPO is not a momentum oscillator. Instead DPO is used to identify cycle’s highs/lows and estimate cycle length.
Calculation: Detrended Price Oscillator (DPO):
1) Price (X/2 + 1) periods ago minus X-period simple moving average.
Where X is the number of periods;
PROFILE: Maxitra Industries (MXI.AX)
Stock Exchange: ASX
Company: Maxitra Industries
Ticker Codes: | MXI.AX | ASX:MXI |
MaxiTRANS Industries Limited, together with its subsidiaries, designs, manufactures, sells, services, and repairs transport equipment, and related components and spare parts in Australia and New Zealand. It manufactures trailer brands, and urethane foam and body panels; supplies and distributes parts; provides service and repair support; and sells and finances new and used trailing equipment. The company's products include curtain sided trailers, flat top semis, and skeletal trailers; dry freight and temperature controlled vans; steel and aluminum semi tippers, B-doubles, side opening tippers, walking floors, and flat top trailers, as well as specialty units; and bowl door tippers, flex tippers, and high volume side tippers. It also provides temperature controlled (refrigerated) and dry freight rigid truck bodies; trailing transport equipment and solutions, such as lights, tools, oil and filters, axles, suspensions, and brakes; various components and consumables; and fiberglass panels, body kits, doors, and insulation foam products. In addition, the company is involved in the retail and wholesale of trailer and truck parts; and rental and hire of temperature controlled vans. MaxiTRANS Industries Limited sells its products under the Freighter, Maxi-CUBE, Hamelex White, Lusty EMS, AZMEB, Peki, TraileRentals, MaxiPARTS, Maxus, and PANELMasta brand names. It serves transport and logistics, fresh produce, food and beverage, building and construction, agriculture, and natural resources industries. The company was founded in 1946 and is headquartered in Derrimut, Australia.
|AFL ASX 50||0.16||14.3||10,852||0||BEARISH|
|BOC Bougainville Copper||0.31||10.9||36,500||-0.02||BEARISH|
|AFP Aft Pharmaceuticals||3.1||6.5||166||-0.06||BEARISH|
|CCV Cash Converters International||0.25||6.4||474,022||-0.03||BEARISH|
|RMS Ramelius Resources||1.06||4.5||3,682,552||-0.13||BEARISH|
|AAC Australian Agricultural||1.15||4.1||1,309,434||-0.02||BEARISH|