Virgin Australia Holdings

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%

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Trading Performance

Williams %R

Score

1.7

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 44 10.6 0.80% 1.67% 2.6% -2.0% 50.2%
SHORT 44 7.8 0.82% 3.00% 3.1% -4.8% 54.6%

Summary

Technical Analysis

Virgin Australia Holdings (VAH.AX)


Indicator:

WILLIAMS %R


Last Signal:

BEARISH


Trading: SELL @ $0.17
Signal Strength: STRONG
Recommendation:

Indicator is best used in conjunction with additional indicators as it has the ability to highlight potential overbought or oversold levels. This indicator utilizes upper and lower bands to visually represent price extremes associated with the bands. Additional value can be added to the trading strategy by accessing divergences between price and volume.


Virgin Australia Holdings (ASX:VAH) is currently Overbought highlighting the potential for a short term trend reversal in the downward direction.



Developed by Larry Williams, Williams %R is a momentum indicator that is the inverse of the Fast Stochastic Oscillator. Also referred to as %R Williams %R reflects the level of the close relative to the highest high for the look-back period.

Calculation: Williams %R:
1) %R = (Highest High - Close)/(Highest High - Lowest Low) * -100;
2) Lowest Low = lowest low for the look-back period Highest High = highest high for the look-back period %R is multiplied by -100 correct the inversion and move the decimal;


PROFILE: Virgin Australia Holdings (VAH.AX)


Stock Exchange: ASX
Company: Virgin Australia Holdings
Ticker Codes: | VAH.AX | ASX:VAH |

About Virgin Australia Holdings (ASX:VAH):

Virgin Australia Holdings Limited engages in the operation of domestic and international airline business in Australia. The company operates through Virgin Australia Domestic, Virgin Australia International, Velocity, and Tigerair Australia segments. Its aircraft flies to domestic destinations, including regional network and cargo operations; and international destinations comprising Trans-Pacific, Abu Dhabi, Trans-Tasman, Pacific Island, and South East Asian routes, as well as international cargo operations. The company's fleet primarily includes Boeing B737 and B777, Airbus A320 and A330, ATR, and F100 aircraft. It also operates a frequent flyer program. The company serves corporate, government, leisure, low cost, regional, charter travelers, and air freight customers. It has strategic alliances with Air New Zealand Limited, Delta Air Lines Inc., Etihad Airways P.J.S.C., Singapore Airlines Limited, and HNA Aviation. The company was formerly known as Virgin Blue Holdings Limited and changed its name to Virgin Australia Holdings Limited in 2011. Virgin Australia Holdings Limited was founded in 2000 and is based in Bowen Hills, Australia.

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Williams %R

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