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%

What indicators would you like to backtest?

Trading Performance

Weighted Moving Average

Score

-1.3

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 56 7.0 0.23% 0.27% 4.5% -1.1% 6.4%
SHORT 57 7.5 0.21% 0.24% 1.8% -1.2% -38.2%

Summary

Technical Analysis

Ruralco Holdings (RHL.AX)


Indicator:

WEIGHTED MOVING AVERAGE


Last Signal:

BULLISH


Trading: BUY @ $4.4
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.


Ruralco Holdings (ASX:RHL) currently has a confirmed uptrend. Recent trading has caused the WMA 15 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on WMA15 is 0.2%.



Weighted moving averages (WMA) are difficult to construct but more reliable than the simple moving averages. WMA permits an unequal weighting on prior time periods.

Calculation: Weighted Moving Average (WMA):
1) Ft= W1At-1 + WnAt-n


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:

Weighted Moving Average

Download
Company Close Change(%) Volume Value Signal
MOC Mortgage Choice 0.91 14.5 663,230 8.1 BULLISH CROSSOVER
MPL Medibank Private 3.21 11.5 23,800,298 9.8 BULLISH CROSSOVER
GNG GR Engineering Services 0.95 9.8 41,600 4.3 BULLISH CROSSOVER
EMH European Metals Holdings 0.41 9.3 135,933 5.7 BULLISH CROSSOVER
WBC Westpac Banking Corporation 27.75 9.2 24,404,464 3.3 BULLISH CROSSOVER
AHG Advance Healthcare 2.55 9 1,585,387 7 BULLISH CROSSOVER
NAB National Australia Bank 25.81 7.9 23,451,421 2.8 BULLISH CROSSOVER
ANZ Australia & Banking 27.86 7.8 14,554,708 3.4 BULLISH CROSSOVER
CBA Commonwealth Bank 77.4 6.3 9,829,411 4.2 BULLISH CROSSOVER
MEZ Meridian Energy 4.2 6.3 25,687 5.1 BULLISH CROSSOVER