Alkane Exploration

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%



Code Company Date Close Change Indicator Value Signal

Trading Performance

% Volume Oscillator



Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 22 15.9 0.77% 1.42% 11.8% -3.9% 155.2%
SHORT 22 17.6 0.55% 1.09% 11.1% -8.1% 43.3%


Technical Analysis

Alkane Exploration (ALK.AX)



Last Signal:


Trading: HOLD @ $0.625
Signal Strength: MEDIUM

Alkane Exploration (ASX:ALK) currently has positive PVO 9.51%. The recent volume is gaining momentum through a rise on the short term exponential moving average. Currently, the return on PVO is 9.6%.

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

The Percentage Volume Oscillator (PVO) is a momentum oscillator for volume. PVO measures the difference between two volume-based moving averages as a percentage of the larger moving average. As with MACD and the Percentage Price Oscillator (PPO) it is shown with a signal line a histogram and a centreline.

Calculation: Percentage Volume Oscillator (PVO):
1) Percentage Volume Oscillator (PVO): ((12-day EMA of Volume - 26-day EMA of Volume)/26-day EMA of Volume) x 100;
2) Signal Line: 9-day EMA of PVO; 3) Histogram: PVO - Signal Line;

PROFILE: Alkane Exploration (ALK.AX)

Stock Exchange: ASX
Company: Alkane Exploration
Ticker Codes: | ALK.AX | ASX:ALK |

About Alkane Exploration (ASX:ALK):

Alkane Resources Limited operates as a multi-commodity mining and exploration company in the Central West of New South Wales in eastern Australia. It explores for gold, copper, zirconium, hafnium, niobium, tantalum, yttrium, and rare earth elements. The company owns interest in the Tomingley Gold project and the Dubbo Zirconia project located in New South Wales. Its exploration projects comprise the Bodangora, Kaiser, Finns Crossing, Cudal, Peak Hill, Wellington, Elsienora, Rockley, and Orange East projects. Alkane Resources Limited is headquartered in Burswood, Australia.

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DJW Djerriwarth Investments 2.4 2.6 121,394 4.14 BULLISH CROSSOVER
AHY Asaleo Care 0.97 1 619,001 57.95 BULLISH CROSSOVER
DCN Dacian Gold 1.4 0 0 0.94 BULLISH CROSSOVER
ONT 1300 Smiles 5.1 0 4,557 4.84 BULLISH CROSSOVER
INA Ingenia Communities 3.05 -1 1,224,021 5.33 BULLISH CROSSOVER
JHX James Hardie Industries 17.44 -3.1 3,009,765 3.34 BULLISH CROSSOVER