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

Sine Weighted Moving Average

Score

-0.5

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 41 11.0 0.27% 0.33% 3.9% -1.4% -2.3%
SHORT 39 8.7 0.15% 0.18% 6.2% -1.9% -28.0%

Summary

Technical Analysis

Navitas (NVT.AX)


Indicator:

SINE WEIGHTED MOVING AVERAGE


Last Signal:

BULLISH


Trading: BUY @ $5.79
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.


Navitas (ASX:NVT) currently has a confirmed uptrend. Recent trading has caused the SWMA 15 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SWMA15 is 0.2%.



A Sine wave is a smooth repetitive oscillation that shifts between a high of y and a low of -y. A SW-MA takes its weighting from the first half of a Sine wave cycle so the largest weighting is given to the data in the middle. The result is very similar to the Triangular Moving Average (Tri-MA) but much more difficult to calculate.

Calculation: Sine Weighted Moving Average (SWMA):
1) PI:=3.14;
2) SD:=180/6;
3) S1:=Sin(1*180/6)*C;
4) S2:=Sin(2*180/6)*Ref(C -1);
5) S3:=Sin(3*180/6)*Ref(C -2);
6) S4:=Sin(4*180/6)*Ref(C -3);
7) S5:=Sin(5*180/6)*Ref(C -4);
8) Num:=S1+S2+S3+S4+S5;
9) Den:=Sin(SD)+Sin(2*SD)+Sin(3*SD)+Sin(4*SD)+Sin(5*SD);
10) SWMA=Num/Den


PROFILE: Navitas (NVT.AX)


Stock Exchange: ASX
Company: Navitas
Ticker Codes: | NVT.AX | ASX:NVT |

About Navitas (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:

Sine Weighted Moving Average

Download
Company Close Change(%) Volume Value Signal
BEE Broo 0.03 21.7 83,994 12 BULLISH CROSSOVER
CEN Central Australian Phosphate 6.94 8.3 4,068 2.2 BULLISH CROSSOVER
HFR Highfield Resources 0.74 7.3 38,107 5.2 BULLISH CROSSOVER
EZL Euroz 1.21 7.1 86,825 4 BULLISH CROSSOVER
BFC Beston Global Food 0.12 4.3 385,290 2.6 BULLISH CROSSOVER
PAC Pacsoft 4.8 4.1 25,306 1 BULLISH CROSSOVER
ARA Ariadne Australia 0.65 4 6,000 1.6 BULLISH CROSSOVER
RMS Ramelius Resources 0.86 3.6 2,311,783 2.5 BULLISH CROSSOVER
ANN Ansell 26.73 3.5 704,066 2.7 BULLISH CROSSOVER
CDV Cardinal Resources 0.38 2.7 68,845 1.1 BULLISH CROSSOVER