Ruralco Holdings

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%

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Trading Performance

Chaikin Money Flow

Score

-1.05

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 17 23.4 0.53% 1.00% 1.7% -3.0% -11.6%
SHORT 16 22.4 0.31% 0.42% 2.9% -4.5% -40.1%

Summary

Technical Analysis

Ruralco Holdings (RHL.AX)


Indicator:

CHAIKIN MONEY FLOW


Last Signal:

BULLISH


Trading: HOLD @ $4.16
Signal Strength: MEDIUM
Recommendation:

Ruralco Holdings (ASX:RHL) current price has highlighted recent buying pressure and the continuation of a bullish trading conditions. Currently, the CMF is 0.28. RHL.AX received a confirmed CMF crossover days on the May 31 2019. The bullish signal has been active for 1 day. During the quarter, the highest CMF value was 0.28 occurring on the May 31 2019.


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.

Developed by Marc Chaikin, Chaikin Money Flow measures the amount of Money Flow Volume over a specific period. Money Flow Volume forms the basis for the Accumulation Distribution Line. Instead of a cumulative total of Money Flow Volume, Chaikin Money Flow simply sums Money Flow Volume for a specific look-back period, typically 20 or 21 days. The resulting indicator fluctuates above/below the zero line just like an oscillator. Chartists weigh the balance of buying or selling pressure with the absolute level of Chaikin Money Flow. Chartists can also look for crosses above or below the zero line to identify changes on money flow.

Calculation: Chaikin Money Flow (20):
1) Money Flow Multiplier = [(Close - Low) - (High - Close)] / (High - Low);
2) Money Flow Volume = Money Flow Multiplier x Volume for the Period;
3) 20-period CMF = 20-period Sum of Money Flow Volume / 20 period Sum of Volume;


PROFILE: Ruralco Holdings (RHL.AX)


Stock Exchange: ASX
Company: Ruralco Holdings
Ticker Codes: | RHL.AX | ASX:RHL |

About Ruralco Holdings (ASX:RHL):

Ruralco Holdings Limited sells and markets merchandise, fertilizers, water products, and financial services products to rural and related customers in Australia. It operates through Rural Services, Water Services, Live Export, Financial Services, and Corporate & Other segments. The company offers wool broking services; livestock marketing services for sheep, dairy, and beef cattle; feedlot services; and a range of animal health and crop protection products, and water management systems and equipment. It also provides agri and commercial business finance comprising asset finance, term loans, home loans, and seasonal finance products and services to rural and regional clients; and finance broking and agricultural advisory services. In addition, the company offers various insurance products, including business, crop, fire, farm, stud stock, hobby farm, home and contents, landlords, motor vehicle, travel, life, total and permanent disablement, income protection, trauma, superannuation, and business expenses. Further, it provides grain marketing services; water broking and other water related services; and commercial and residential property sales, and property management services. Ruralco Holdings Limited is based in Macquarie Park, Australia.

Top 10:

Chaikin Money Flow

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