What indicators would you like to setup a trade for?

Candlestick Daily volume index Bar reversal Edit

Trade setup

Position Order Entry Exit Stop Loss Risk Return Expectancy
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?

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%

Company

Indicator

Code Company Date Close Change Indicator Value Signal

Trading Performance

Weighted Moving Average

Score

0.1

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 39 11.4 0.36% 0.56% 3.8% -1.6% 12.1%
SHORT 39 8.9 0.28% 0.39% 3.3% -1.6% -9.1%

Summary

Technical Analysis

Seek (SEK.AX)


Indicator:

WEIGHTED MOVING AVERAGE


Last Signal:

BEARISH


Trading: SELL @ $22.16
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.


Seek (ASX:SEK) currently has a confirmed downtrend. Recent trading has caused the WMA 15 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on WMA15 is 1.7%.



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: Seek (SEK.AX)


Stock Exchange: ASX
Company: Seek
Ticker Codes: | SEK.AX | ASX:SEK |

About Seek (ASX:SEK):

SEEK Limited, together with its subsidiaries, provides online employment marketplace services in Australia and internationally. It operates through SEEK Asia Pacific & Americas and SEEK Investments segments. The company matches hirers and candidates with career opportunities and related services online; sources and places candidates into roles on the Internet; and distributes and provides higher education courses. It also provides advice in relation to career related education. The company was founded in 1997 and is headquartered in Melbourne, Australia.

Top 10:

Weighted Moving Average

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