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

Accumulation Distribution

Score

0.45

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 32 10.4 0.41% 0.65% 2.3% -2.1% -12.7%
SHORT 31 14.0 0.55% 1.21% 6.4% -2.5% 74.7%

Summary

Technical Analysis

Nufarm (NUF.AX)


Indicator:

ACCUMULATION DISTRIBUTION


Last Signal:

BULLISH


Trading: HOLD @ $4.03
Signal Strength: MEDIUM
Recommendation:

Nufarm (ASX:NUF) current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the ADLINE is 91735.9. day. During the quarter, the highest ADLINE value was 1.08753e+006.


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: Nufarm (NUF.AX)


Stock Exchange: ASX
Company: Nufarm
Ticker Codes: | NUF.AX | ASX:NUF |

About Nufarm (ASX:NUF):

Nufarm Limited, together with its subsidiaries, manufactures and sells crop protection products in Australia, New Zealand, Asia, Europe, North America, Latin America, and internationally. It operates through two segments, Crop Protection and Seed Technologies. The company offers herbicides, insecticides, fungicides, and plant growth regulators to protect crops from damage caused by weeds, pests, and diseases. It also provides seeds and seed treatment products; and engages in croplands equipment business. The company is headquartered in Laverton North, Australia.

Top 10:

Accumulation Distribution

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Company Close Change(%) Volume Value Signal
MOY Millennium Minerals 0.12 27.8 9,674,612 1,155,828.6 BULLISH
GGG Greenland Minerals 0.14 12 2,427,802 363,559.3 BULLISH
AJM Altura Mining 0.14 8 8,666,348 1,396,124.4 BULLISH
SHJ Shine Corporate 0.7 7.7 1,466,832 312,620.6 BULLISH
AJX Alexium International 0.16 6.7 683,856 27,515.5 BULLISH
AYS Amaysim Australia 0.73 5 273,805 44,759.7 BULLISH
HLO Helloworld 5.01 4.4 138,319 65,270.6 BULLISH
PNV Polynovo 1.53 4.1 1,447,653 856,698.1 BULLISH
GBT Gbst Holdings 2.8 4.1 131,781 189,634.9 BULLISH
OPT Opthea 0.66 3.9 50,953 49,760.7 BULLISH