Wisetech Global

What indicators would you like to setup a trade for?

Candlestick Daily volume index Bar reversal Edit

Trade setup

Position Order Entry Exit Stop Loss Risk Return Expectancy
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?

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%

Company

Indicator

Code Company Date Close Change Indicator Value Signal

Trading Performance

Weak Reversal

Score

-1.15

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 22 8.0 0.45% 0.83% 4.8% -7.8% -45.5%
SHORT 22 26.3 0.41% 0.69% 7.3% -11.2% -80.1%

Summary

Technical Analysis

Wisetech Global (WTC.AX)


Indicator:

TWO CROW REVERSAL


Last Signal:

BEARISH


Trading: SELL @ $23.88
Signal Strength: STRONG
Recommendation:

Indicator CAN 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.


Wisetech Global (ASX:WTC) has formed a new Two Crows reversal pattern.



This pattern is a made up of three candlesticks. The black candlesticks of the second and third day represent the two crows that perched on the first white candlestick.

Calculation: Two Crows Candlestick Pattern:
1) The market is characterized by a prevailing uptrend;
2) A strong white candlestick appears on the first day;
3) The second day is a black candlestick that gaps up;
4) On the last day another black candlestick appears that opens inside the body of the second day and then closes inside the body of the first day;


PROFILE: Wisetech Global (WTC.AX)


Stock Exchange: ASX
Company: Wisetech Global
Ticker Codes: | WTC.AX | ASX:WTC |

About Wisetech Global (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.

Top 10:

Weak Reversal

Download
Company Close Change(%) Volume Value Signal
MNF My Net Fone 4.98 3.3 93,253 -1 BEARISH
BKY Berkeley Resources 0.21 2.5 21,037 -1 BEARISH
FMG Fortescue Metals 12.08 2.1 23,056,706 -1 BEARISH
XSJ ASX 200 Cons Staples 13245.6 1.1 0 -1 BEARISH
GNE Genesis Energy 3.12 1 8,997 -1 BEARISH
ELX Ellex Medical Lasers 0.76 0.7 98,560 -1 BEARISH
RHC Ramsay Health Care 77.99 0.6 364,473 -1 BEARISH
PNV Polynovo 2.55 0.4 3,964,566 -1 BEARISH
GOR Gold Road Resources 1.37 0.4 2,349,686 -1 BEARISH
RMS Ramelius Resources 1.31 0.4 2,029,197 -1 BEARISH