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

Accumulation Distribution

Score

0.0

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 26 20.2 0.42% 0.65% 5.5% -3.2% 6.1%
SHORT 25 9.6 0.32% 0.44% 3.6% -1.7% -1.5%

Summary

Technical Analysis

NIB (NHF.AX)


Indicator:

ACCUMULATION DISTRIBUTION


Last Signal:

BULLISH


Trading: HOLD @ $6.7
Signal Strength: MEDIUM
Recommendation:

NIB (ASX:NHF) current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the ADLINE is 58311.8. day. During the quarter, the highest ADLINE value was 421370.


Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. Indicator can be applied to the short/medium term timeframe, but the best results are obtained with larger cyclical swings in-line with the trend direction. This accumulation / distribution oscillator can provide guidance on the money flow direction from the companies recent trading.


Accumulation/distribution (ADLINE) is a momentum indicator that attempts to gauge supply and demand by determining whether investors are generally accumulating or buying or distributing or selling a certain stock by identifying divergences between stock price and volume flow. The accumulation/distribution is calculated by first calculating the money flow multiplier then multiplying the money flow multiplier by the period’s volume.

Calculation: Accumulation Distribution Line:
1) Money Flow Multiplier = [(close - low) - (high - close)] / (high - low);
2) Money Flow Volume = Money Flow Multiplier x volume for the period;
3) Accumulation/Distribution= previous Accumulation/Distribution + current periods Money Flow Volume.


PROFILE: NIB (NHF.AX)


Stock Exchange: ASX
Company: NIB
Ticker Codes: | NHF.AX | ASX:NHF |

About NIB (ASX:NHF):

nib holdings limited provides health insurance services to residents, and international students and visitors in Australia, New Zealand, and internationally. It operates through five segments: Australian Residents Health Insurance, New Zealand Residents Health Insurance, International (Inbound) Health Insurance, World Nomads Group, and nib Options. The company offers health insurance products, including single, couples, and family health insurance; life insurance; and travel insurance, as well as funeral and income protection insurance services. It also facilitates access to cosmetic and dental treatment. nib holdings limited was founded in 1952 and is headquartered in Newcastle, Australia.

Top 10:

Accumulation Distribution

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Company Close Change(%) Volume Value Signal
HFR Highfield Resources 0.67 9 22,865 26,214.4 BULLISH
LYC Lynas Corporation 2.58 8.9 9,724,310 1,199,786.6 BULLISH
ISD Isentia 0.26 8.3 518,734 495,090.6 BULLISH
PTM Platinum Asset Management 4.55 7.6 1,696,244 240,095.1 BULLISH
IMF IMF 3.81 6.7 2,751,384 146,294.5 BULLISH
IMD Imdex 1.6 6 762,604 65,714.4 BULLISH
MND Monadelphous 17.47 4.5 518,378 55,913.4 BULLISH
GRR Grange Resources 0.24 4.3 393,189 231,774.7 BULLISH
RAP Resapp Health 0.25 4.2 314,079 420,124.5 BULLISH
BSA Broadcast Services Australia 0.4 3.9 307,029 50,195.7 BULLISH