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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Trading Performance

% Volume Oscillator

Score

0.8

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 36 10.0 0.53% 1.00% 2.1% -1.4% 12.7%
SHORT 36 11.3 0.50% 1.00% 2.0% -1.4% 11.1%

Summary

Technical Analysis

Amcor (AMC.AX)


Indicator:

% VOLUME OSCILLATOR


Last Signal:

BULLISH


Trading: HOLD @ $16.34
Signal Strength: MEDIUM
Recommendation:

Amcor (ASX:AMC) currently has positive PVO 15.63%. The recent volume is gaining momentum through a rise on the short term exponential moving average.

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: Amcor (AMC.AX)


Stock Exchange: ASX
Company: Amcor
Ticker Codes: | AMC.AX | ASX:AMC |

About Amcor (ASX:AMC):

Amcor Limited provides packaging solutions in Western Europe, North America, Australia, New Zealand, and internationally. It operates through Amcor Rigid Plastics, Amcor Flexibles, and Other/Investments segments. The company manufactures rigid plastic containers for a range of beverage and food products, including carbonated soft drinks, water, juices, sports drinks, milk-based beverages, spirits and beer, sauces, dressings, spreads, and personal care items; and plastic caps for various applications. It also manufactures flexible and film packaging for the food and beverage industry, including confectionery, coffee, fresh food and dairy, and pet food packaging; and medical and pharmaceutical, fresh produce, and snack food segments. In addition, the company offers flexible packaging for specialty folding cartons for tobacco packaging and other industries; and packaging solutions for home and personal care products. Amcor Limited was incorporated in 1926 and is headquartered in Southbank, Australia.

Top 10:

% Volume Oscillator

Download
Company Close Change(%) Volume Value Signal
MOY Millennium Minerals 0.12 27.8 9,674,612 30.93 BULLISH
KGN Kogan 4.9 11.4 2,944,734 37.11 BULLISH
PPS Praemium 0.36 9.1 3,792,112 8.99 BULLISH
DNA Donaco International 0.13 8.3 2,639,011 17.06 BULLISH
AJM Altura Mining 0.14 8 8,666,348 19.62 BULLISH
CKF Collins Foods 8.34 8 971,412 34.11 BULLISH
SHJ Shine Corporate 0.7 7.7 1,466,832 69.21 BULLISH
NWH NRW 2.47 6.9 3,715,368 11.77 BULLISH
AJX Alexium International 0.16 6.7 683,856 18.11 BULLISH
EOS Electro Optic Systems Holdings 4.09 6.2 423,102 6.01 BULLISH