Trading indicator
MACD VolumeBacktest 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 Volume
Score
-0.5
| Position | Trades | Duration | Win Rate | Win/Loss | Avg Win | Avg Loss | Return |
|---|---|---|---|---|---|---|---|
| LONG | 32 | 11.1 | 0.53% | 1.00% | 2.2% | -2.4% | -3.2% |
| SHORT | 32 | 12.5 | 0.44% | 0.70% | 2.4% | -2.7% | -19.3% |
Summary
Technical Analysis
Navitas (NVT.AX)
Indicator:
VOLUME MACD
Last Signal:
BULLISH
Trading: HOLD @ $5.79
Signal Strength: MEDIUM
Recommendation:
Navitas (ASX:NVT) currently has positive Volume MACD of 48570. This means the signal line is greater than the Volume 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
Volume Moving Average Convergence/Divergence (VMACD) 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 Volume (VMACD):
1) VMACD Line: (12-day EMA - 26-day EMA);
2) Signal Line: 9-day EMA of VMACD Line;
3) VMACD Histogram: VMACD Line - Signal Line;
PROFILE: Navitas (NVT.AX)
Stock Exchange: ASX
Company: Navitas
Ticker Codes: | NVT.AX | ASX:NVT |
Navitas Limited provides educational services for students and professionals in Australia, the United Kingdom, Europe, Asia, Canada, the United States, and internationally. It operates through University Partnerships and Careers & Industry segments. The University Partnerships segment offers pre-university and university pathway programs that focus on providing pre and first-year university courses to international students who do not qualify for direct entry to partner universities due to either language or academic record. The Careers & Industry segment delivers education programs in the area of creative media, including audio, film, and multimedia courses; and English language tuition and jobs skills training services, as well as higher and vocational education services in health, security, and psychology. The company was founded in 1994 and is headquartered in Perth, Australia.
Top 10:
MACD Volume
| Company | Close | Change(%) | Volume | Value | Signal |
|---|---|---|---|---|---|
| BEE Broo | 0.03 | 21.7 | 83,994 | 260 | BULLISH |
| DNA Donaco International | 0.08 | 9.2 | 4,579,010 | 242,896 | BULLISH |
| CEN Central Australian Phosphate | 6.94 | 8.3 | 4,068 | 1,224 | BULLISH |
| EZL Euroz | 1.21 | 7.1 | 86,825 | 9,065 | BULLISH |
| EML Emerchants | 2.55 | 6.3 | 2,216,677 | 295,221 | BULLISH |
| ADH Adairs | 2.06 | 5.6 | 1,149,442 | 210,430 | BULLISH |
| DFM Dongfang Modern Agriculture | 0.88 | 4.1 | 241,557 | 14,319 | BULLISH |
| ARA Ariadne Australia | 0.65 | 4 | 6,000 | 3,325 | BULLISH |
| DDR Dicker Data | 5.16 | 4 | 280,998 | 32,024 | BULLISH |
| RBL Rib Loc | 1.05 | 4 | 106,026 | 9,330 | BULLISH |