Trading indicator
MACDBacktest 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
MACD
Score
-0.3
| Position | Trades | Duration | Win Rate | Win/Loss | Avg Win | Avg Loss | Return |
|---|---|---|---|---|---|---|---|
| LONG | 22 | 17.5 | 0.41% | 0.69% | 3.4% | -5.6% | -42.6% |
| SHORT | 22 | 16.0 | 0.36% | 0.53% | 10.1% | -3.1% | 33.5% |
Summary
Technical Analysis
Nufarm (NUF.AX)
Indicator:
MACD
Last Signal:
BULLISH
Trading: HOLD @ $4.03
Signal Strength: STRONG
Recommendation:
Nufarm (ASX:NUF) currently has positive MACD of 0.0628. Currently the signal line is greater than the MACD line signalling a bullish 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: Nufarm (NUF.AX)
Stock Exchange: ASX
Company: Nufarm
Ticker Codes: | NUF.AX | 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:
MACD
| Company | Close | Change(%) | Volume | Value | Signal |
|---|---|---|---|---|---|
| MOY Millennium Minerals | 0.12 | 27.8 | 9,674,612 | 0.01 | BULLISH |
| BKY Berkeley Resources | 0.38 | 13.4 | 25,468 | 0 | BULLISH |
| DNA Donaco International | 0.13 | 8.3 | 2,639,011 | 0 | BULLISH |
| AJM Altura Mining | 0.14 | 8 | 8,666,348 | 0.01 | BULLISH |
| AJX Alexium International | 0.16 | 6.7 | 683,856 | 0.01 | BULLISH |
| GSW Getswift | 0.17 | 6.3 | 277,365 | 0 | BULLISH |
| HLO Helloworld | 5.01 | 4.4 | 138,319 | 0.03 | BULLISH |
| CGL The Citadel | 4.58 | 4.3 | 167,236 | 0.13 | BULLISH |
| SFR Sandfire Resources | 6.55 | 4.3 | 2,699,730 | 0.06 | BULLISH |
| PNV Polynovo | 1.53 | 4.1 | 1,447,653 | 0.03 | BULLISH |