New Zealand King Salmon Investments

What indicators would you like to setup a trade for?

Candlestick Daily volume index Bar reversal Edit

Trade setup

Position Order Entry Exit Stop Loss Risk Return Expectancy
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?

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%

Company

Indicator

Code Company Date Close Change Indicator Value Signal

Trading Performance

Daily Volume Index

Score

-1.35

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 19 15.9 0.26% 0.36% 7.6% -5.6% -39.6%
SHORT 19 24.9 0.42% 0.67% 3.3% -5.7% -42.9%

Summary

Technical Analysis

New Zealand King Salmon Investments (NZK.AX)


Indicator:

DAILY VOLUME INDEX


Last Signal:

BEARISH


Trading: SELL @ $2.11
Signal Strength: MEDIUM
Recommendation:

New Zealand King Salmon Investments (ASX:NZK) current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the DVI is -1.


Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading exit. Indicator can be applied to the short/medium term timeframe, but the best results are obtained with larger cyclical swings in-line with the trend direction. This accumulation / distribution oscillator can provide guidance on the money flow direction from the companies recent trading.


The daily volume index (DVI) is the amount of individual securities traded in a day on average over a specified period of time. Trading activity relates to the liquidity of a security. When average daily trading volume is high the stock can be easily traded and has high liquidity if trading volume is not very high and the security will tend to be less expensive because people are not as willing to buy it. As a result average daily trading volume can have an effect on the price of the security.

Calculation: Daily Volume Index (DVI):
1) [Close]-[Average price] / [Average price] x [Volume];


PROFILE: New Zealand King Salmon Investments (NZK.AX)


Stock Exchange: ASX
Company: New Zealand King Salmon Investments
Ticker Codes: | NZK.AX | ASX:NZK |

About New Zealand King Salmon Investments (ASX:NZK):

New Zealand King Salmon Investments Limited produces, sells, and exports the King salmon species products worldwide. It offers whole fish; pre-cut fillets and portions; wood roasted and cold smoked products; and pet food products, as well as by-products, such as guts, heads, trim, skin, bones, tails, and frames. New Zealand King Salmon Investments Limited sells its products to retail and foodservice channels, and wholesalers under the Ora King, Regal, Southern Ocean, Big Catch, and Omega Plus brands. The company was incorporated in 2008 and is headquartered in Nelson, New Zealand. New Zealand King Salmon Investments Limited is a subsidiary of Oregon Group Limited.

Top 10:

Daily Volume Index

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OZL Oz Minerals 11.2 4.9 5,194,266 -3,860 BEARISH