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%

What indicators would you like to backtest?

Trading Performance

Triangular Moving Average

Score

-0.35

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 26 12.0 0.23% 0.30% 2.3% -2.8% -41.4%
SHORT 26 17.9 0.35% 0.53% 10.7% -2.5% 53.5%

Summary

Technical Analysis

Nufarm (NUF.AX)


Indicator:

TRIANGULAR MOVING AVERAGE


Last Signal:

BULLISH


Trading: BUY @ $4.03
Signal Strength: STRONG
Recommendation:

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.


Nufarm (ASX:NUF) currently has a confirmed uptrend. Recent trading has caused the TMA 15 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on TMA15 is 2.3%.



A triangular moving average can be calculated using various input data such as prices volume or another technical indicator.

Calculation: Triangular Moving Average (TMA):
1) SMA: n period sum / n;
2) TMA = (n SMA period sum) / N;


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:

Triangular Moving Average

Download
Company Close Change(%) Volume Value Signal
CKF Collins Foods 8.34 8 971,412 3.3 BULLISH CROSSOVER
SHJ Shine Corporate 0.7 7.7 1,466,832 4.5 BULLISH CROSSOVER
AYS Amaysim Australia 0.73 5 273,805 0.7 BULLISH CROSSOVER
SFR Sandfire Resources 6.55 4.3 2,699,730 4 BULLISH CROSSOVER
OPT Opthea 0.66 3.9 50,953 1.7 BULLISH CROSSOVER
MXI Maxitra Industries 0.3 3.4 71,009 2.7 BULLISH CROSSOVER
MSB Mesoblast 1.45 2.8 2,282,109 0.6 BULLISH CROSSOVER
AMC Amcor 16.34 2.4 10,813,324 1.3 BULLISH CROSSOVER
ENN Elanor Investors 1.86 2.2 179,017 0.5 BULLISH CROSSOVER
MVP Medical Developments 5.3 1 86,229 0.8 BULLISH CROSSOVER