Structural Monitoring Systems

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?

Trading Performance

Supertrend

Score

0

No data available.

Summary

Technical Analysis

Structural Monitoring Systems (SMN.AX)


Indicator:

SUPERTREND


Last Signal:

BEARISH


Trading: SELL @ $0.76
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 been constructed to highlight the existence of a trend for an assocaited timeframe. Trend determining indicators can be used in short, medium or long term timeframes & determines if the stock is trending or ranging. Once the trend status is quantified, this can then be coupled to additional indicators to add a significant advantage to the trading strategy.


Structural Monitoring Systems (ASX:SMN) has a current Supertrend of 0.822. This has change 0 points from yesterday.



The Supertrend is a trend following indicator which identifies uptrends and downtrends. The SuperTrend indicator is calculated utilising the ATR to offset the indicator from the common price. Before understanding the supertrend indicator, understanding the ATR is essential as super trend employs ATR values to calculate the indicator values. This indicator fluctuates above and below 0 signalling the current direction of the trend. This is a lagging trend indicator that assists in defining trend directions does not perform well in ranging markets.

Calculation: Supertrend (SUP) :
1) Basic Upper band = (High + Low) / 2 + Multiplier * ATR;
2) Basic Lower band = (High + Low) / 2 - Multiplier * ATR
3) Final Upper band = IF((Basic Upper band < Final Upper band(yest)) OR (Close(yest) > Previous Final Upper band(yest))) THEN (Basic Upper band) ELSE Final Upper band(yest));
4) Final Lower band = IF((Basic Lower band > Final Lowerband (yest)) OR (Close(yest) < Final Lower band(yest))) THEN (Basic Lower band) ELSE Final Lower band(yest));
5) Supertrend = IF(Close <= Final Upper band ) THEN Final Upper band ELSE Final Lower band;
Where Multiplier = 3; Period=14


PROFILE: Structural Monitoring Systems (SMN.AX)


Stock Exchange: ASX
Company: Structural Monitoring Systems
Ticker Codes: | SMN.AX | ASX:SMN |

About Structural Monitoring Systems (ASX:SMN):

Structural Monitoring Systems Plc, through its subsidiaries, develops and commercializes structural health monitoring technology in Australia. It offers CVM switch for fatigue testing; CVM NDI; and laboratory kits for use in real-time crack detection and monitoring. The company is based in Claremont, Australia.

Top 10:

Supertrend

Download
Company Close Change(%) Volume Value Signal
DCN Dacian Gold 0.55 23.6 6,024,943 -0.26 BULLISH
BRN Brainchip Holdings 0.08 11.6 9,040,170 0.03 BULLISH
GTN GTN Resources 1.1 10 161,378 -0.05 BULLISH
LNG Liquefied Natural Gas 0.29 9.6 1,664,251 -0.05 BULLISH
SLR Silver Lake Resources 0.94 8.7 10,759,307 0.15 BULLISH
TZN Terramin Australia 0.08 8.7 388,211 -0.01 BULLISH
NAN Nanosonics 5.36 8.7 2,348,894 0.75 BULLISH
RAP Resapp Health 0.2 8.3 2,913,547 0.04 BULLISH
CUV Clinuvel Pharmaceuticals 36.49 7 293,452 6.83 BULLISH
VTG Vita 1.25 5.9 714,854 -0.13 BULLISH