Yancoal Australia

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%

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Company

Indicator

Code Company Date Close Change Indicator Value Signal

Trading Performance

MACD

Score

-2.2

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 22 15.3 0.32% 0.39% 3.1% -10.6% -168.3%
SHORT 23 13.4 0.43% 0.53% 2.1% -7.4% -120.1%

Summary

Technical Analysis

Yancoal Australia (YAL.AX)


Indicator:

MACD


Last Signal:

BEARISH


Trading: SELL @ $2.99
Signal Strength: STRONG
Recommendation:

Yancoal Australia (ASX:YAL) currently has negative MACD of -0.0482. This means the signal line is less than the MACD line signalling a bearish movement.

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


Moving Average Convergence/Divergence (MACD) is an indicator that shows the relationship between two moving averages. It is calculated as a difference between the fast and slow moving averages. The historically popular is the difference between a securities 26-day and 12-day Exponential Moving Averages (EMA).

Calculation:: Moving Average Convergence Divergence (MACD);
1) MACD Line: (12-day EMA - 26-day EMA);
2) Signal Line: 9-day EMA of MACD Line;
3) MACD Histogram: MACD Line - Signal Line;


PROFILE: Yancoal Australia (YAL.AX)


Stock Exchange: ASX
Company: Yancoal Australia
Ticker Codes: | YAL.AX | ASX:YAL |

About Yancoal Australia (ASX:YAL):

Yancoal Australia Ltd Engages in the exploration, development, production, and marketing of metallurgical and thermal coal Australia, Singapore, South Korea, China, Japan, Taiwan, and internationally. It owns interests in the Moolarben coal mine located in the Western Coalfields of New South Wales; Stratford and Duralie mines located to the north of Newcastle in the Gloucester Basin; Yarrabee mine located to the northeast of Blackwater in Central Queensland's Bowen Basin; and Middlemount mine located to the north-east of Emerald in Queensland's Bowen Basin. The company was founded in 2004 and is based in Sydney, Australia. Yancoal Australia Ltd is a subsidiary of Yanzhou Coal Mining Company Limited.

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