|Position||Trades||Duration||Win rate||Win/loss||Avg win||Avg loss||Return|
|Position||Trades||Duration||Win Rate||Win/Loss||Avg Win||Avg Loss||Return|
Trading: BUY @ $5.82
Signal Strength: STRONG
Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has been constructed to highlight the existence of a trend for an assocaited timeframe. Trend determining indicators can be used in short, medium or long term timeframes & determines if the stock is trending or ranging. Once the trend status is quantified, this can then be coupled to additional indicators to add a significant advantage to the trading strategy.
Navitas (ASX:NVT) is in an uptrend in the medium term timeframe. The current rally number is 65 & the highest rally count for the LTM is 65. The highest rally for the month is 17
The Tricklar medium term trend indicator (TRICK) highlights the peaks and troughs associated with a combination of bars within the first timeframe. As such, successive rallies penetrating preceding higher peaks whilst cancelling preceding low points offer a BULLISH indication in the second time frame. Conversely, failure of rallies to penetrate previous high points whilst maintaining prices below the previous low points indicates BEARISH trends in the second timeframe. The way in which multiple timeframes should be integrated in a complete analysis emphasises an important principle that applies to all technical analysis. The investor should always analyse a market from the big picture down to the level at which trading decisions are made. Trends can exist in many timeframes. Short term trends can therefore be seen together as part of a medium term trend and, in turn, medium trends can be seen together as part of a long term trend.
Calculation: Tricklar medium trend (TRICK):
1) [BULLISH] An uptrend is a succession of higher peaks and higher troughs;
2) [BEARISH] A downtrend is a succession of lower peaks and lower troughs;
PROFILE: Navitas (NVT.AX)
Stock Exchange: ASX
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.
|BKY Berkeley Resources||0.38||13.4||25,468||1||BULLISH|
|GGG Greenland Minerals||0.14||12||2,427,802||1||BULLISH|
|DNA Donaco International||0.13||8.3||2,639,011||1||BULLISH|
|CKF Collins Foods||8.34||8||971,412||1||BULLISH|
|TLG Talga Gold||0.5||6.4||289,903||1||BULLISH|
|DDR Dicker Data||5.1||5.2||227,956||1||BULLISH|
|CGL The Citadel||4.58||4.3||167,236||1||BULLISH|
|SFR Sandfire Resources||6.55||4.3||2,699,730||1||BULLISH|