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

Simple Moving Average

Score

-1.15

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 47 11.5 0.32% 0.45% 6.1% -2.0% 25.5%
SHORT 47 6.7 0.06% 0.07% 8.6% -2.3% -76.6%

Summary

Technical Analysis

Xero (XRO.AX)


Indicator:

SIMPLE MOVING AVERAGE


Last Signal:

BEARISH


Trading: SELL @ $79.34
Signal Strength: STRONG
Recommendation:

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.


Xero (ASX:XRO) currently has a confirmed downtrend. This means the SMA 15 day average has moved below the closing price confirming the short term trend following indicator. Currently, the return on SMA15 is 0.6%.



A simple moving average is formed by computing the average price of a security over a specific number of periods. Most moving averages are based on closing prices.

Calculation: Simple Moving Average:
1) SMA: n period sum / n;


PROFILE: Xero (XRO.AX)


Stock Exchange: ASX
Company: Xero
Ticker Codes: | XRO.AX | ASX:XRO |

About Xero (ASX:XRO):

Xero Limited, together with its subsidiaries, operates as a software as a service company worldwide. The company offers Xero, a cloud-based accounting software that connects small businesses to their advisors. It also provides accountant/bookkeeper tools, including Xero HQ, Xero Practice Manager, Xero Workpapers, and Xero Cashbook/Ledger; and Xero mobile app. The company serves various businesses, such as retail, high tech, non-profit, legal, Amazon sellers, hospitality, cafÚs, startups, construction, creatives, e-commerce, small business, healthcare, farming, manufacturing, tourism, and real estate. Xero Limited was founded in 2006 and is headquartered in Wellington, New Zealand.

Top 10:

Simple Moving Average

Download
Company Close Change(%) Volume Value Signal
GRR Grange Resources 0.24 4.3 393,189 -4 BEARISH CROSSOVER
CIA Champion Iron 2.76 3 404,614 -1.8 BEARISH CROSSOVER
NEC Nine Entertainment 1.88 2.2 4,563,754 -4 BEARISH CROSSOVER
ANZ Australia & Banking 24.71 2 7,204,353 -0.1 BEARISH CROSSOVER
AHY Asaleo Care 1.07 1.9 189,707 -1.4 BEARISH CROSSOVER
IFN IFN 0.62 1.6 172,828 -4.8 BEARISH CROSSOVER
FDV Frontier Digital Ventures 0.8 0.6 70,045 -1.6 BEARISH CROSSOVER
STO Santos 8.25 0.6 3,420,267 -2.2 BEARISH CROSSOVER
PIC Perpetual Equity Investment 1.04 0.5 484,134 -0.1 BEARISH CROSSOVER
HVN Harvey Norman 4.19 0.5 3,332,182 -0.1 BEARISH CROSSOVER