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

Donchian Channels

Score

-1.85

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 35 10.0 0.20% 0.25% 3.4% -4.3% -95.5%
SHORT 36 13.1 0.31% 0.41% 4.8% -2.8% -23.2%

Summary

Technical Analysis


The Donchian channel is a useful indicator for seeing the volatility of a market price. If a price is stable the Donchian channel will be relatively narrow. If the price fluctuates a lot the Donchian channel will be wider. The two outer bands are plotted as the highest high and lowest low for a set period originally 20 days with the optional middle band calculated as the average of the two.

Calculation: Donchian Channels:
1) Upper Channel = 20 Day High;
2) Lower Channel = 20 Day Low;
3) Middle Channel = (20 Day High + 20 Day Low)/2;


PROFILE: Pact (PGH.AX)


Stock Exchange: ASX
Company: Pact
Ticker Codes: | PGH.AX | ASX:PGH |

About Pact (ASX:PGH):

Pact Group Holdings Ltd manufactures and supplies rigid plastics and metal packaging in Australia, New Zealand, China, the Philippines, Singapore, Indonesia, Thailand, and the United States. The company operates in two segments, Pact Australia and Pact International. It primarily converts plastic resin and steel into rigid packaging and other products for customers in the food and beverage, personal care, household consumer, industrial and chemical, materials handling, infrastructure, agricultural, and other sectors. The company's products comprise yoghurt containers, cream and ice-cream containers, milk and beverage bottles, margarine tubs, food jars, meat and bakery trays, cubes, pails, tubes and cartridges, bottle caps and closures, and other customized packaging; steel drums, tinplate pails, and other metal containers; and plastic material handling, industrial, and technical products, as well as sustainability products and services. In addition, it offers materials handling solutions and associated services; contract manufacturing services for pharmaceutical and aerosol based products; recycling services; and crate pooling and hire services. Pact Group Holdings Ltd was founded in 2002 and is headquartered in Richmond, Australia.

Top 10:

Donchian Channels

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Company Close Change(%) Volume Value Signal
MNS Milnes Holdings 0.19 35.7 7,820,143 42 BULLISH
VOC Vocus Communications 3.2 8.1 5,453,355 41.67 BULLISH
MCP Mcphersons 2.85 6.7 777,047 46.57 BULLISH
IPD Impedimed 0.17 6.5 264,442 38.46 BULLISH
FNP Freedom Nutritional Products 4.95 5.5 527,076 28.33 BULLISH
SNZ Summerset Holdings 8.4 5 240 27.78 BULLISH
TGA Thorn 0.22 4.8 108,727 27.78 BULLISH
BGA Bega Cheese 4.41 4.5 743,593 20.83 BULLISH
FXL Flexigroup 1.96 4 1,602,121 37.76 BULLISH
GNC Graincorp 8.09 3.6 725,861 42.9 BULLISH