Shine Corporate

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?

Company

Indicator

Code Company Date Close Change Indicator Value Signal

Trading Performance

Simple Moving Average

Score

0.15

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 17 21.6 0.29% 0.42% 12.4% -5.1% 1.0%
SHORT 18 23.0 0.39% 0.58% 6.6% -3.1% 9.5%

Summary

Technical Analysis

Shine Corporate (SHJ.AX)


Indicator:

SIMPLE MOVING AVERAGE


Last Signal:

BEARISH


Trading: SELL @ $0.755
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.


Shine Corporate (ASX:SHJ) currently has a confirmed downtrend. This means the SMA 15 day average has moved below the closing price confirming the short term trend following indicator. Currently, the return on SMA15 is 0.0%.



A simple moving average is formed by computing the average price of a security over a specific number of periods. Most moving averages are based on closing prices.

Calculation: Simple Moving Average:
1) SMA: n period sum / n;


PROFILE: Shine Corporate (SHJ.AX)


Stock Exchange: ASX
Company: Shine Corporate
Ticker Codes: | SHJ.AX | ASX:SHJ |

About Shine Corporate (ASX:SHJ):

Shine Corporate Limited provides damages based plaintiff litigation legal services in Australia; and insurance recovery consulting services in New Zealand. It operates through two segments, Personal Injury and Emerging Practice Areas. The company offers legal services related to personal injuries practice area, including medical negligence, public liability, catastrophic injuries, workers' compensation, and motor vehicle accidents; and other practice areas, such as disability insurance and superannuation claims, professional negligence, social justice, class actions, first party insurance recovery claims, landowners' rights, aviation, product liability, family law, and asbestos compensation. Shine Corporate Limited was founded in 1976 and is based in Brisbane, Australia.

Top 10:

Simple Moving Average

Download
Company Close Change(%) Volume Value Signal
CCP Credit Corp 27.27 13.3 452,171 1.8 BULLISH CROSSOVER
CNI Centuria Capital 2.05 3.8 692,796 2.3 BULLISH CROSSOVER
BKY Berkeley Resources 0.24 2.1 26,199 2.6 BULLISH CROSSOVER
NSR National Storage 1.71 1.5 4,156,518 0.8 BULLISH CROSSOVER
APE Ap Eagers Holdings 11.09 1.2 62,038 1.1 BULLISH CROSSOVER
AAC Australian Agricultural 1.04 0.5 217,829 0.3 BULLISH CROSSOVER
GPT General Property Trust 6.13 0.5 6,464,446 0.1 BULLISH CROSSOVER
XHJ ASX 200 Health Care 34833.2 0.4 0 2.2 BULLISH CROSSOVER
MLT Milton Corporation 4.62 0.2 119,259 2.1 BULLISH CROSSOVER
TZN Terramin Australia 0.07 0 0 1.2 BULLISH CROSSOVER