Wisetech Global

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%

What indicators would you like to backtest?

Trading Performance

Sine Weighted Moving Average



Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 42 11.2 0.36% 0.56% 12.5% -3.7% 87.9%
SHORT 42 7.6 0.17% 0.20% 7.8% -3.7% -73.6%


Technical Analysis

Wisetech Global (WTC.AX)



Last Signal:


Trading: BUY @ $27.12
Signal Strength: STRONG

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has the ability to highlight trends across numerous timeframes. This indicator has the ability to smooth historical results to illustrate trend initiation and status. Although this is a simple trend following indicator & can provide good results when coupled with the right indicator. Note, this indicator does not work well in ranging markets producing unwanted whipsaws and false signals.

Wisetech Global (ASX:WTC) currently has a confirmed uptrend. Recent trading has caused the SWMA 15 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SWMA15 is 1.6%.

A Sine wave is a smooth repetitive oscillation that shifts between a high of y and a low of -y. A SW-MA takes its weighting from the first half of a Sine wave cycle so the largest weighting is given to the data in the middle. The result is very similar to the Triangular Moving Average (Tri-MA) but much more difficult to calculate.

Calculation: Sine Weighted Moving Average (SWMA):
1) PI:=3.14;
2) SD:=180/6;
3) S1:=Sin(1*180/6)*C;
4) S2:=Sin(2*180/6)*Ref(C -1);
5) S3:=Sin(3*180/6)*Ref(C -2);
6) S4:=Sin(4*180/6)*Ref(C -3);
7) S5:=Sin(5*180/6)*Ref(C -4);
8) Num:=S1+S2+S3+S4+S5;
9) Den:=Sin(SD)+Sin(2*SD)+Sin(3*SD)+Sin(4*SD)+Sin(5*SD);
10) SWMA=Num/Den

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:

Sine Weighted Moving Average

Company Close Change(%) Volume Value Signal
PPS Praemium 0.41 9.3 3,235,337 14.8 BULLISH
NAN Nanosonics 4.93 6.7 1,283,636 11.3 BULLISH
DWS DWS 1.13 6.6 119,422 10 BULLISH
IMD Imdex 1.1 5.8 2,149,957 8.8 BULLISH
NST Northern Star Resources 10.54 5.6 3,773,663 8.4 BULLISH
SAR Saracen Mineral 3.66 5.5 4,153,957 10.5 BULLISH
FMG Fortescue Metals 8.8 5.4 17,285,949 9.2 BULLISH
PRU Perseus Mining 0.5 5.3 6,327,147 9.6 BULLISH
ASL Ausdrill 1.51 5.2 2,815,654 6.1 BULLISH
DNA Donaco International 0.11 5 843,519 12.9 BULLISH