Prime Television

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

Exponential Moving Average

Score

-1.45

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 45 8.7 0.16% 0.18% 8.2% -3.2% -71.6%
SHORT 45 9.4 0.20% 0.22% 6.8% -3.0% -62.3%

Summary

Technical Analysis

Prime Television (PRT.AX)


Indicator:

EXPONENTIAL MOVING AVERAGE


Last Signal:

BEARISH


Trading: SELL @ $0.245
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.


Prime Television (ASX:PRT) currently has a confirmed downtrend. Recent trading has caused the EMA 15 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on EMA15 is -3.9%.



An exponential moving average (EMA) is a type of moving average that is similar to a simple moving average except that more weight is given to the latest data. It’s also known as the exponentially weighted moving average. This type of moving average reacts faster to recent price changes than a simple moving average.

Calculation: Exponential Moving Average:
1) Initial SMA: n period sum / n;
2) Multiplier: (2 / (Time periods + 1));
3) EMA: {Close – EMA (previous day)} x multiplier + EMA (previous day).


PROFILE: Prime Television (PRT.AX)


Stock Exchange: ASX
Company: Prime Television
Ticker Codes: | PRT.AX | ASX:PRT |

About Prime Television (ASX:PRT):

Prime Media Group Limited provides commercial television broadcasting services in Australia. The company offers free-to-air television broadcasting services under the PRIME7 and GWN7 brands in the regional New South Wales, the Australian Capital Territory, regional Victoria, the Gold Coast area of Southern Queensland, and regional Western Australia. Prime Media Group Limited is based in Watson, Australia.

Top 10:

Exponential Moving Average

Download
Company Close Change(%) Volume Value Signal
GWA GWA 3.27 5.1 1,134,442 -0.8 BEARISH
MMS Mcmillan Shakespeare 12.92 5 384,142 -0.4 BEARISH
MTO Moto Goldmines 1.18 4.9 70,135 -1.5 BEARISH
EVO Evolve Education 0.12 4.5 7,151,826 -27.7 BEARISH
BFC Beston Global Food 0.12 4.3 687,748 -0.5 BEARISH
PPS Praemium 0.38 4.2 1,900,854 -9.2 BEARISH
SLK Sealink Travel 3.78 3.8 19,221 -1.4 BEARISH
MVP Medical Developments 5.09 3.5 38,708 -1.6 BEARISH
RAP Resapp Health 0.15 3.4 1,145,092 -1.2 BEARISH
SWM Seven West Media 0.51 3.1 7,011,109 -2.3 BEARISH