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

MACD Volume

Score

-0.45

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 29 13.8 0.52% 0.83% 2.8% -5.7% -60.2%
SHORT 29 11.8 0.66% 1.58% 4.0% -5.3% 13.3%

Summary

Technical Analysis

Shriro (SHM.AX)


Indicator:

VOLUME MACD


Last Signal:

BULLISH


Trading: HOLD @ $0.68
Signal Strength: MEDIUM
Recommendation:

Shriro (ASX:SHM) currently has positive Volume MACD of 15306. This means the signal line is greater than the Volume MACD line signalling a bullish movement.

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has the ability to detect the speed of movement & give an early signal for a potential movement. By understanding the rate at which the price is moving in respect to the stocks historical trades, enables positions to be set in place based on changes in the speed of movement


Volume Moving Average Convergence/Divergence (VMACD) is an indicator that shows the relationship between two moving averages. It is calculated as a difference between the fast and slow moving averages. The historically popular is the difference between a securities 26-day and 12-day Exponential Moving Averages (EMA).

Calculation: Moving Average Convergence Divergence Volume (VMACD):
1) VMACD Line: (12-day EMA - 26-day EMA);
2) Signal Line: 9-day EMA of VMACD Line;
3) VMACD Histogram: VMACD Line - Signal Line;


PROFILE: Shriro (SHM.AX)


Stock Exchange: ASX
Company: Shriro
Ticker Codes: | SHM.AX | ASX:SHM |

About Shriro (ASX:SHM):

Shriro Holdings Limited manufactures and distributes kitchen appliances and consumer products in Australia and New Zealand. It operates through Kitchen Appliances and Consumer Products segments. The Kitchen Appliances segment offers ovens, cooktops, rangehoods, dishwashers, sinks, taps, ironing systems, and laundry tubs, as well as waste disposal and ducting solutions. The Consumer Products segment provides watches, calculators, electronic musical instruments, projectors, point of sale terminals, cameras, barbeques, heaters, fans, air purifiers/dehumidifiers, and speakers, as well as fashion, car audio, professional DJ, amplifier, and Hi Fi products. The company offers its products under its own brands, including Omega, Robinhood, Everdure, and Omega Altise; and third party owned brands, such as Casio, Blanco, and Pioneer. Shriro Holdings Limited was incorporated in 2015 and is headquartered in Kingsgrove, Australia.

Top 10:

MACD Volume

Download
Company Close Change(%) Volume Value Signal
MNS Milnes Holdings 0.19 35.7 7,820,143 663,224 BULLISH
BEE Broo 0.02 9.1 493,100 19,803 BULLISH
VOC Vocus Communications 3.2 8.1 5,453,355 357,413 BULLISH
MCP Mcphersons 2.85 6.7 777,047 66,685 BULLISH
ORE Orocobre 3.4 6.6 5,681,011 484,502 BULLISH
IPD Impedimed 0.17 6.5 264,442 22,029 BULLISH
FNP Freedom Nutritional Products 4.95 5.5 527,076 102,882 BULLISH
MYR Myer 0.5 5.3 1,614,004 81,174 BULLISH
CVW Clearview Wealth 0.51 5.2 34,015 9,052 BULLISH
OCL Objective Corporation 6.1 5.2 45,754 12,569 BULLISH