Trading indicator
Accumulation DistributionBacktest 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% |
Trading Performance
Accumulation Distribution
Score
0.55
| Position | Trades | Duration | Win Rate | Win/Loss | Avg Win | Avg Loss | Return |
|---|---|---|---|---|---|---|---|
| LONG | 31 | 13.5 | 0.45% | 0.78% | 4.3% | -2.1% | 22.7% |
| SHORT | 32 | 13.4 | 0.38% | 0.55% | 4.7% | -2.0% | 11.5% |
Summary
Technical Analysis
REA Group (REA.AX)
Indicator:
ACCUMULATION DISTRIBUTION
Last Signal:
BULLISH
Trading: HOLD @ $95.43
Signal Strength: MEDIUM
Recommendation:
REA Group (ASX:REA) current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the ADLINE is 38975.5. day. During the quarter, the highest ADLINE value was 108798.
Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. 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.
Accumulation/distribution (ADLINE) is a momentum indicator that attempts to gauge supply and demand by determining whether investors are generally accumulating or buying or distributing or selling a certain stock by identifying divergences between stock price and volume flow. The accumulation/distribution is calculated by first calculating the money flow multiplier then multiplying the money flow multiplier by the period’s volume.
Calculation: Accumulation Distribution Line:
1) Money Flow Multiplier = [(close - low) - (high - close)] / (high - low);
2) Money Flow Volume = Money Flow Multiplier x volume for the period;
3) Accumulation/Distribution= previous Accumulation/Distribution + current periods Money Flow Volume.
PROFILE: REA Group (REA.AX)
Stock Exchange: ASX
Company: REA Group
Ticker Codes: | REA.AX | ASX:REA |
REA Group Limited provides advertising services to the real estate industry in Australia and Asia. It advertises property and property-related services on Websites and mobile apps. The company operates Australian residential, commercial, and share property sites, such as realestate.com.au, realcommercial.com.au, and Flatmates.com.au; Chinese property site myfun.com; and various property portals in Asia. It also provides advertising services to the real estate industry. The company was formerly known as realestate.com.au Ltd. and changed its name to REA Group Limited in December 2008. REA Group Limited was founded in 1995 and is headquartered in Richmond, Australia. REA Group Limited is a subsidiary of News Limited.
Top 10:
Accumulation Distribution
| Company | Close | Change(%) | Volume | Value | Signal |
|---|---|---|---|---|---|
| EWC Energy World Corporation | 0.08 | 10.8 | 945,847 | 122,234.7 | BULLISH |
| GGG Greenland Minerals | 0.14 | 8 | 2,362,420 | 500,849.7 | BULLISH |
| NAN Nanosonics | 5.6 | 5.7 | 3,678,008 | 507,712 | BULLISH |
| COE Cooper Energy | 0.56 | 5.7 | 2,753,925 | 619,337.5 | BULLISH |
| MVF Monash IVF | 1.46 | 5.4 | 1,302,784 | 474,543.6 | BULLISH |
| BSA Broadcast Services Australia | 0.3 | 5.3 | 140,508 | 15,098.3 | BULLISH |
| OMH OM Holdings | 0.91 | 5.2 | 125,747 | 13,851 | BULLISH |
| MAH Macmahon | 0.21 | 5.1 | 1,402,377 | 690,442.8 | BULLISH |
| CGL The Citadel | 4.6 | 5 | 510,148 | 36,831.9 | BULLISH |
| PTM Platinum Asset Management | 4.81 | 4.8 | 2,130,936 | 254,363.6 | BULLISH |