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

Momentum Oscillator

Score

0.6

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 31 14.7 0.55% 1.13% 10.3% -4.4% 109.9%
SHORT 31 10.1 0.26% 0.35% 9.2% -3.6% -9.3%

Summary

Technical Analysis

Wisetech Global (WTC.AX)


Indicator:

MOMENTUM


Last Signal:

BULLISH


Trading: HOLD @ $29.44
Signal Strength: MEDIUM
Recommendation:

Wisetech Global (ASX:WTC) currently has positive momentum of 4.64. This means the current price is greater than the price 14 days ago and therefore gaining momentum.

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has the ability to detect the speed of movement & give an early signal for a potential movement. By understanding the rate at which the price is moving in respect to the stocks historical trades, enables positions to be set in place based on changes in the speed of movement


Momentum measures the rate of change in closing prices and is used to detect trend weakness and likely reversal points. It is often underrated because of its simplicity. High Momentum readings (positive or negative) occur when a trend is at its strongest. Lower readings are found at the start and end of trends. Overbought and oversold levels are set separately for each security based on the performance of the indicator over past cycles.

Calculation: Momentum Oscillator (MOM):
1) Closing Price [today] - Closing Price [n days ago];

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:

Momentum Oscillator

Download
Company Close Change(%) Volume Value Signal
IMD Imdex 1.64 8.3 5,288,860 0.15 BULLISH
EWC Energy World Corporation 0.08 7.9 866,274 0.01 BULLISH
MAQ Macquarie Telecom 28.5 6.1 4,846 2.5 BULLISH
AMP AMP 1.99 5.3 27,594,274 0.15 BULLISH
FDV Frontier Digital Ventures 1.14 3.6 44,326 0.18 BULLISH
PNI Pinnacle Investment Management 6.19 3.2 1,394,190 1.55 BULLISH
ABP Abacus Property 4.05 3.1 2,265,633 0.27 BULLISH
CGC Consolidated Gaming Corporation 3.1 2.6 1,524,286 0.33 BULLISH
FRI Finbar International 0.98 2.6 320,109 0.11 BULLISH
MNY Money3 2.97 2.4 1,056,899 0.51 BULLISH