Trading indicator
Basic CandlestickBacktest 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
Basic Candlestick
Score
-0.75
| Position | Trades | Duration | Win Rate | Win/Loss | Avg Win | Avg Loss | Return |
|---|---|---|---|---|---|---|---|
| LONG | 63 | 7.3 | 0.46% | 0.85% | 3.4% | -2.8% | 4.6% |
| SHORT | 64 | 6.1 | 0.27% | 0.35% | 4.1% | -2.6% | -50.7% |
Summary
Technical Analysis
Seven Holdings (SVW.AX)
Indicator:
DOJI
Last Signal:
INDECISION
Trading: HOLD @ $17.63
Signal Strength: WEAK
Recommendation:
Indicator MUST BE USED in additional to another technical indicator to confirmation for trading position. Indicator can be applied to the short term timeframe but is only able to give and indication of the strength of the buyers versus sellers at the market close. This Japanese candlestick indicator can provide guidance on the short term battle between sellers and buyers from the companies recent trading.
Seven Holdings (ASX:SVW) has formed a Doji candlestick. This means, SVW has opened and closed at the same price highlighting the markets indecision over the course of the trading day.
This candlestick is formed when the opening and closing prices are virtually equal.
Calculation: Doji Candlestick Pattern:
1) The length of the body is null or close to null;
PROFILE: Seven Holdings (SVW.AX)
Stock Exchange: ASX
Company: Seven Holdings
Ticker Codes: | SVW.AX | ASX:SVW |
Seven Group Holdings Limited engages in heavy equipment sales and service, equipment hire, media, broadcasting, and energy assets businesses in Australia and the United States. It operates through WesTrac Australia, AllightSykes, Coates Hire, Media Investments, Energy, and Other Investments segments. The company operates as a caterpillar dealer providing heavy equipment sales and support services in Western Australia, New South Wales, and the Australian Capital Territory. It also manufactures, assembles, sells, and supports lighting, power generation, and dewatering equipment to mining, construction, and industrial customers; distributes Perkins engines; and provides equipment hiring services, including a range of general and specialist equipment for various markets, such as engineering, building construction and maintenance, mining and resources, manufacturing, government, and events. In addition, the company invests in television, content production, digital, and magazine and newspaper publishing businesses; and direct and indirect property holdings, as well as in oil and gas assets in energy sector. Seven Group Holdings Limited is headquartered in Pyrmont, Australia.
Top 10:
Basic Candlestick
| Company | Close | Change(%) | Volume | Value | Signal |
|---|---|---|---|---|---|
| MOY Millennium Minerals | 0.13 | 13.6 | 1,861,319 | 0 | NEUTRAL |
| ONE Oneview Healthcare | 0.29 | 11.8 | 184,305 | 0 | NEUTRAL |
| MXI Maxitra Industries | 0.33 | 8.2 | 24,282 | 0 | NEUTRAL |
| PRU Perseus Mining | 0.71 | 6.8 | 12,414,565 | 0 | NEUTRAL |
| URF Us Masters Residential Property Fund | 0.9 | 4.7 | 25,678 | 0 | NEUTRAL |
| RND Rand Mining | 3.21 | 3.5 | 4,122 | 0 | NEUTRAL |
| TBR Tribune Resources | 7.65 | 3.4 | 19,094 | 0 | NEUTRAL |
| OGC Oceanagold Corporation | 4.21 | 3.4 | 326,584 | 0 | NEUTRAL |
| MCY Mighty River Power | 4.58 | 3.4 | 944 | 0 | NEUTRAL |
| APL Australian Plantation Timber | 1 | 3.1 | 1,402,595 | 0 | NEUTRAL |