Pioneer Credit

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

Supertrend

Score

0

No data available.

Summary

Technical Analysis

Pioneer Credit (PNC.AX)


Indicator:

SUPERTREND


Last Signal:

NEUTRAL


Trading: HOLD @ $2.75
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 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.


Pioneer Credit (ASX:PNC)


The Supertrend is a trend following indicator which identifies uptrends and downtrends. The SuperTrend indicator is calculated utilising the ATR to offset the indicator from the common price. Before understanding the supertrend indicator, understanding the ATR is essential as super trend employs ATR values to calculate the indicator values. This indicator fluctuates above and below 0 signalling the current direction of the trend. This is a lagging trend indicator that assists in defining trend directions does not perform well in ranging markets.

Calculation: Supertrend (SUP) :
1) Basic Upper band = (High + Low) / 2 + Multiplier * ATR;
2) Basic Lower band = (High + Low) / 2 - Multiplier * ATR
3) Final Upper band = IF((Basic Upper band < Final Upper band(yest)) OR (Close(yest) > Previous Final Upper band(yest))) THEN (Basic Upper band) ELSE Final Upper band(yest));
4) Final Lower band = IF((Basic Lower band > Final Lowerband (yest)) OR (Close(yest) < Final Lower band(yest))) THEN (Basic Lower band) ELSE Final Lower band(yest));
5) Supertrend = IF(Close <= Final Upper band ) THEN Final Upper band ELSE Final Lower band;
Where Multiplier = 3; Period=14


PROFILE: Pioneer Credit (PNC.AX)


Stock Exchange: ASX
Company: Pioneer Credit
Ticker Codes: | PNC.AX | ASX:PNC |

About Pioneer Credit (ASX:PNC):

Pioneer Credit Limited provides financial services in Australia. The company acquires and services unsecured retail debt portfolios. It is also involved in introducing brokered personal credit and loan products. The company is headquartered in Perth, Australia.

Top 10:

Supertrend

Download
Company Close Change(%) Volume Value Signal
EDE Eden Energy 0.05 70.4 29,966,662 -0.02 BULLISH
CLQ Clean Teq Holdings 0.42 10.7 6,001,446 -0.04 BULLISH
DNA Donaco International 0.12 9.1 3,465,966 -0.02 BULLISH
ONE Oneview Healthcare 0.25 8.7 124,001 -0.05 BULLISH
RIC Ridley Corporation 1.24 7.9 738,777 0.06 BULLISH
TBR Tribune Resources 5.6 7.7 37,233 0.47 BULLISH
SAR Saracen Mineral 3.85 6.1 9,477,928 -0.4 BULLISH
CSV CSG 0.18 6.1 316,092 -0.02 BULLISH
KAR Karoon Gas Australia 0.96 6.1 733,981 -0.08 BULLISH
SBM St Barbara Mines 3.08 5.5 15,379,603 -0.51 BULLISH