|Position||Trades||Duration||Win rate||Win/loss||Avg win||Avg loss||Return|
|Position||Trades||Duration||Win Rate||Win/Loss||Avg Win||Avg Loss||Return|
Wisetech Global (WTC.AX)
Trading: SELL @ $19.28
Signal Strength: MEDIUM
Wisetech Global (ASX:WTC) current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the ADLINE is -497407. day. During the quarter, the lowest ADLINE value was -497407.
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: Wisetech Global (WTC.AX)
Stock Exchange: ASX
Company: Wisetech Global
Ticker Codes: | WTC.AX | ASX:WTC |
WiseTech Global Limited provides cloud-based software solutions to the logistics industry worldwide. The company develops, sells, and implements software solutions that enable logistics service providers to facilitate the movement and storage of goods and information. It primarily offers CargoWise One, a single-platform software solution to enhance the productivity and integration, automation, and communication with the supply chain. The company's CargoWise One platform offers solutions for freight forwarding, customs clearance, liner and agency, container freight station, warehousing, land transport, track and trace, and geo compliance, as well as for enterprise capabilities, including accounting, integration, customer relationship management, human resources management, workflow, integrated messaging, and document management. It serves multinational companies, and small and mid-sized regional and domestic enterprises. WiseTech Global Limited was founded in 1994 and is based in Alexandria, Australia.
|GXY Galaxy Resources||1.09||5.3||5,126,577||-273,152.2||BEARISH CROSSOVER|
|IRI Integrated Research||3.06||4.1||237,351||-47,568.8||BEARISH CROSSOVER|
|JIN Jin||12.28||3.3||840,794||-788.9||BEARISH CROSSOVER|
|SHM Shriro||0.74||2.1||29,562||-19,163.2||BEARISH CROSSOVER|
|ABA Auswide Bank||6.71||1.4||20,911||-1,437.8||BEARISH CROSSOVER|
|WSA Western Areas||2.69||1.1||3,479,397||-3,964.6||BEARISH CROSSOVER|
|FDV Frontier Digital Ventures||1.11||0.5||96,826||-970.2||BEARISH CROSSOVER|
|AVN Avon Resources||3.03||0.3||461,884||-21,749.7||BEARISH CROSSOVER|
|CVW Clearview Wealth||0.41||0||0||-6,802.1||BEARISH CROSSOVER|
|CLH Collection House||1.09||0||0||-75,441.3||BEARISH CROSSOVER|