|Position||Trades||Duration||Win rate||Win/loss||Avg win||Avg loss||Return|
|Position||Trades||Duration||Win Rate||Win/Loss||Avg Win||Avg Loss||Return|
Ruralco Holdings (RHL.AX)
WEIGHTED MOVING AVERAGE
Trading: BUY @ $4.4
Signal Strength: STRONG
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 |
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.
|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|