Trading indicator
Accumulation DistributionBacktest 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% |
Trading Performance
Accumulation Distribution
Score
-1.15
| Position | Trades | Duration | Win Rate | Win/Loss | Avg Win | Avg Loss | Return |
|---|---|---|---|---|---|---|---|
| LONG | 33 | 10.7 | 0.39% | 0.57% | 1.9% | -2.1% | -24.0% |
| SHORT | 33 | 12.9 | 0.36% | 0.48% | 2.3% | -1.8% | -16.7% |
Summary
Technical Analysis
Spark Infrastructure (SKI.AX)
Indicator:
ACCUMULATION
Last Signal:
BEARISH
Trading: SELL @ $2.51
Signal Strength: MEDIUM
Recommendation:
Spark Infrastructure (ASX:SKI) current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the ADLINE is -132014. day. During the quarter, the lowest ADLINE value was -2.2894e+006.
Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading exit. Indicator can be applied to the short/medium term timeframe, but the best results are obtained with larger cyclical swings in-line with the trend direction. This accumulation / distribution oscillator can provide guidance on the money flow direction from the companies recent trading.
Accumulation/distribution (ADLINE) is a momentum indicator that attempts to gauge supply and demand by determining whether investors are generally accumulating or buying or distributing or selling a certain stock by identifying divergences between stock price and volume flow. The accumulation/distribution is calculated by first calculating the money flow multiplier then multiplying the money flow multiplier by the period’s volume.
Calculation: Accumulation Distribution Line:
1) Money Flow Multiplier = [(close - low) - (high - close)] / (high - low);
2) Money Flow Volume = Money Flow Multiplier x volume for the period;
3) Accumulation/Distribution= previous Accumulation/Distribution + current periods Money Flow Volume.
PROFILE: Spark Infrastructure (SKI.AX)
Stock Exchange: ASX
Company: Spark Infrastructure
Ticker Codes: | SKI.AX | ASX:SKI |
Spark Infrastructure Group is a publicly owned investment manager. The firm invests in the regulated utility infrastructure markets across the globe. Spark Infrastructure Group is based in Sydney, Australia.
Top 10:
Accumulation Distribution
| Company | Close | Change(%) | Volume | Value | Signal |
|---|---|---|---|---|---|
| AJX Alexium International | 0.13 | 13 | 328,122 | -63,304.1 | BEARISH |
| IPD Impedimed | 0.12 | 9.5 | 2,638,079 | -763,603.6 | BEARISH |
| MGX Mount Gibson Iron | 1.06 | 9.3 | 5,320,324 | -323,799.6 | BEARISH |
| CAJ Capitol Health | 0.22 | 7.3 | 466,982 | -2,885,393.1 | BEARISH |
| MNF My Net Fone | 3.73 | 7.2 | 55,752 | -23,179.7 | BEARISH |
| CLQ Clean Teq Holdings | 0.32 | 6.7 | 1,263,824 | -617,381.1 | BEARISH |
| GNG GR Engineering Services | 0.85 | 5.6 | 43,068 | -9,029.1 | BEARISH |
| SFR Sandfire Resources | 6.67 | 5.5 | 1,218,623 | -8,130.1 | BEARISH |
| BTI Bailador Technology Investments | 0.98 | 4.8 | 48,460 | -28,379.7 | BEARISH |
| NWS News Corporation | 19.32 | 4.6 | 275,587 | -37,380.6 | BEARISH |