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ANZ

ANZ.ASX - FUNCHARTS - Countertrend Trading with a Trend FilterNote: Funcharts are interesting charts I have found that offer a potentially unique perspective on a stock. Sometimes I’ll throw something out there that you might find controversial or wrong headed. If that’s the case your 2 cents worth is most welcome. ANZ, one of the big four banks listed on the Australian Stock Exchange is a pretty tricky stock to trade, conforming more to a six month cycle between dividend and earnings dates. However from a purely technical standpoint, on a medium term basis there are opportunities to trade in line with a longer term trend, and on a short term basis to enter the stock on very short term pull backs. In this analysis we looked at the Supertrend Strategy using a 50 period length with a 6xATR Factor to capture longer term trends and then looked at buying short term dips and selling short term rallies. In the longer term timeframe this worked quite well with ANZ making good money based on the Performance Summary but entries and exits are few and far between with this approach. Bringing the time frame back to a swing trading standpoint, the best results came from using the Supertrend STRATEGY in a countertrend way, buying dips and selling rallies using just a 3 period ATR Length with a 1 period factor, giving plenty of trades. Filtering the short term system with the longer term trend also resulted in more frequent winning trades so trading countertrend in the very short term with a longer term trend filter worked nicely. The catch is when you get a longer term trend change without a resulting rally to exit on the countertrend system, which can at times result in very large losses, like during Covid. It is for this reason a stop loss should be set, even when trading countertrend to prevent large losses on a stock that does often trend. Using the blue trailing stop line is a common sense area to position a stop loss as insurance against a big fall.
ASX:ANZ
by andrew.gibbs777
AUD/NZD Weekly forecast (coronavirus affect)According to the chart above we can see that trading pair AUD/NZD sitting on the weekly demand zone between the price region 1.0380-1.0440 which is also in the Fibonacci retracement support zone (50.00%-61.8%). If the buyers will enter into the long positions we can expect that the price will again test the supply zone at 1.100 which is also a BRN psychological number. The biggest Australian and New Zealand banks have a less pessimistic outlook for both the Aussie (AUD) and the Kiwi (NZD) - reflected in their AUD to NZD forecasts in 2021. But, they recognise there is a lot of uncertainty from coronavirus and a slowdown in New Zealand will be large, and recovery slow. That's probably why 2021 forecasts for the major banks vary significantly. However, their outlook for the NZD is more negative than positive compared to the AUD. According to ANZ. Coronavirus affect As coronavirus increases volatility in currency markets including the EUR and GBP. Generally, safe-haven currencies like the USD, CHF, and JPY could move higher. However, commodity currencies such as the AUD, NZD, CAD and ZAR exchange rates could fall. This could mean that confidence may be returning for the global economic outlook. However, a faltering recovery from the ongoing threat of coronavirus could continue to create sharp moves in currency crosses like the Australian dollar to New Zealand dollar exchange rate. If we summarize long term AUD/NZD forecast ANZ says it's hard to be upbeat on the NZD and expects the AUD to NZD exchange rate to end 2021 at 1.0753 Westpac expects the AUD to NZD to fall to around 1.1364 by the end of next year NAB predicts the AUD to NZD forecast exchange rates for the end of next year to be 1.0800
Short
by fxmarketanalyst
Normal correction ahead for ANZANZ is moving in a 5 wave pattern and have already completed Wave 3. Now it is heading for correction wave 4. Once it reaches point A on the chart, we will see an bit of uptrend where it will meet point B. Post point B, it will continue its journey south If you like my analysis then do drop a LIKE and a COMMENT. Also do SHARE it with your friends. Also don't forget to smash that FOLLOW button to get daily analysis of multiple crypto currencies and sometime ASX stocks. Note - These are my personal notes and in no way a financial advice. Do your own research and Trade wisely
ASX:ANZ
by Manjyot
ANZStrong Buy - Looks like it's on the move has nearly returned to its previous level prior to the Covid Crash only 85% Roi but not bad for under a year better than the Bank. Financials still up the top of the Sector list Oil bound to hit $62 it's on a rampage that should last the week Oil pumps up Financials/Banks. Banks make more money than you can shake a stick at ANZ net profit last year 3,5 Billion current year 6.25B so if this was a horse race they would be winning this is were the Share market makes no sense if a companies earnings are supposed to drive the share price. Mainfrieght make 172 mill a year and they are $66 a share ANZ currently $27 so how does that work you tell me. Has been trending quite nicely should continue to the next level See below for various details. Market Screener: ...... Buy Investing.com: ......... Buy EMA - Trade: ............ Buy Mv Ave -Trade: ......... Sell Macd - Trade: ........... Buy Volume > Yest: .......... Buy Rsi > 55 < 88 : ........... Buy Intrinsic Val Ann: .......Buy Intrinsic Val TTM: ...... Buy Total 8 Out of 9 : …..... Buy Fundamentals Score: 47% … Poor 8 out of 17 data points pass $1000 invested Roi Mv Ave: Sold on Feb 05 $4.64 Moving Average should buy tomorrow awaiting further confirmation Macd: Brought on Feb 15 -$6.00 Macd $-6 is commission Fee Rsi : 66% (Caution at 80%): Volatility Index: -6.02% Currently Bullish Signal Next Event: Q1 2021 Sales and Revenue Release - Trading Update 2021 Date: 18/2/2021 Days Away: 3 Income last 5 years (ttm) B : $6,250,000,000.00 2020: B : $3,577,000,000.00 2019: B : $5,953,000,000.00 2018: B : $6,400,000,000.00 2017: B : $6,406,000,000.00 2016: B : $5,709,000,000.00 Revenue Growth Rate (5Y): …. -4.36% Net Profit Margin (ttm): …. 18.57% Dividend Yield Prev Yrly % Return: …. 2.44% Forward Annual Dividend Yield: …... 2.41% Recent Announcements: Notice Corporations Act Subsection 259C(2) 12/2/2021, 4:16 pm GENERAL - ANZ - wholesale debt ANZHAW - interest payment details 11/2/2021, 12:03 pm GENERAL - News Tuesday, 15 December 2020 ANZ announced it will enter into a joint-venture with European-based payments leader Worldline to provide its small business, commercial and institutional customers in Australia with access to the latest technology for point-of-sale and online payments Description Australia and New Zealand Banking Group Limited provides various banking and financial products and services in Australia, New Zealand, the Asia Pacific, Europe, and the United States. Its Australia Retail and Commercial division offers various products and services to consumer customers through the branch network, mortgage specialists, contact centers, self-service channels, and third-party brokers, as well as financial planning services. It also provides asset financing for medium to large commercial customers, agribusiness customers, small business owners, high net worth individuals, and family groups. The company's Institutional division offers documentary trade, supply chain and commodity financing, cash management solutions, deposits, payments, and clearing services; loan syndication, loan structuring and execution, project and export finance, debt structuring and acquisition finance, and corporate advisory services, as well as loan products; and risk management services on foreign exchange, interest rates, credit, commodities, and debt capital markets. It serves governments, and global institutional and corporate customers. The company's New Zealand division provides banking and wealth management services to consumer, and private banking and small business banking customers through its Internet and app-based digital solutions, network of branches, mortgage specialists, relationship managers, and contact centers; and traditional relationship banking and financial solutions for medium to large enterprises, agricultural business segments, and government and government-related entities. Its Pacific division offers various products and services that include retail products, and traditional relationship banking and financial solutions. This division serves retail customers, small to medium-sized enterprises, institutional customers, and governments. Australia and New Zealand Banking Group Limited was founded in 1835 and is headquartered in Melbourne, Australia. Hope this was helpful and you make lots of money : )
NZX:ANZLong
by NZ_Shareman