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

Rate of Change

Score

0.75

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 22 21.4 0.59% 1.18% 7.3% -4.4% 46.4%
SHORT 22 12.7 0.55% 1.09% 5.9% -4.6% 20.5%

Summary

Technical Analysis

Adairs (ADH.AX)


Indicator:

RATE OF CHANGE


Last Signal:

BEARISH


Trading: SELL @ $1.55
Signal Strength: MEDIUM
Recommendation:

Adairs (ASX:ADH) currently has negative rate of change of -18.848%. This means the current price is less than the price 14 days ago and therefore losing 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


Rate of Change (ROC) is a refinement of Momentum - readings fluctuate as percentages around the zero line. The indicator is designed for use in ranging markets - to detect trend weakness and likely reversal points. However when combined with a trend indicator it can be used in trending markets.

Calculation: Rate of Change (ROC):
1) (Closing Price [today] - Closing Price [n days ago]) / Closing Price [n days ago] * 100


PROFILE: Adairs (ADH.AX)


Stock Exchange: ASX
Company: Adairs
Ticker Codes: | ADH.AX | ASX:ADH |

About Adairs (ASX:ADH):

Adairs Limited operates as a specialty retailer of homewares and home furnishings in Australia and New Zealand. The company's product range includes categories, such as bedlinen, bedding, towels, homewares, soft furnishings, and children's furnishings, as well as occasional and bedroom furniture. It has approximately 130 stores across Australia in 5 physical store formats comprising Adairs, Adairs Homemaker, Adairs Kids, UHR, and Adairs Outlets; and 4 stores in New Zealand, as well as an online store. The company was formerly known as Home & Decor Holdings Pty Ltd and changed its name to Adairs Limited in May 2015. Adairs Limited was founded in 1918 and is based in Scoresby, Australia.

Top 10:

Rate of Change

Download
Company Close Change(%) Volume Value Signal
OSP Osprey Medical 0.07 17.7 881,992 -27 BEARISH
CGS Cogstate 0.21 7.7 107,795 -16 BEARISH
BNO Bionomics 0.04 7.5 133,061 -57 BEARISH
AGI Ainsworth Game Technology 0.72 4.4 110,004 -8.33 BEARISH
PNC Pioneer Credit 2.35 4.4 105,156 -13.92 BEARISH
ONT 1300 Smiles 6.4 3.6 782 -0.78 BEARISH
ATL ASX 20 0.45 3.4 449,537 -31.3 BEARISH
SHM Shriro 0.55 2.8 48,315 -13.39 BEARISH
GXY Galaxy Resources 1.31 2.4 3,135,583 -11.22 BEARISH
IFN IFN 0.47 2.2 5,875,096 -1.05 BEARISH