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

Ease of Movement

Score

0.2

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 107 4.7 0.56% 1.11% 1.0% -1.1% -1.0%
SHORT 106 4.2 0.51% 0.96% 1.0% -0.9% 5.5%

Summary

Technical Analysis

Amcor (AMC.AX)


Indicator:

EASE OF MOVEMENT


Last Signal:

NEUTRAL


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

Volatility indicators highlight potential moves of a stock which can either move sharply in the updwards or downwards direction. This indicator allows stocks to be compared on a level playing field to highlight high and low volatility. Normally, falling markets are more likely to be volatile than a rising markets due to the emotion that gets tied to trading. Use volatility indicators in conjunction with other indicators to reduce exposure to false moves.


Amcor (ASX:AMC)


The Ease of Movement (EOM) is a technical momentum indicator that is used to illustrate the relationship between the rate of an assets price change and its volume. This indicator attempts to identify the amount of volume required to move prices. Generally a value greater than zero is an indication that the stock is being accumulated (bought) and negative values are used to signal increased selling pressure. A high positive value appears when prices move upward on low volume. Strong negative numbers indicate that price is moving downward on low volume.

Calculation: Ease of Movement (EOM):
1) Distance Moved = ((H + L)/2 - (Prior H + Prior L)/2);
2) Box Ratio = ((V/100 000 000)/(H - L));
3) 1-Period EMV = ((H + L)/2 - (Prior H + Prior L)/2) / ((V/100 000 000)/(H - L));
4) 14-Period Ease of Movement = 14-Period simple moving average of 1-period EMV


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:

Ease of Movement

Download
Company Close Change(%) Volume Value Signal
GSW Getswift 0.17 6.3 277,365 0 NEUTRAL
DDR Dicker Data 5.1 5.2 227,956 0 NEUTRAL
AYS Amaysim Australia 0.73 5 273,805 0 NEUTRAL
BFC Beston Global Food 0.11 4.8 172,882 0 NEUTRAL
IMF IMF 2.92 3.2 343,581 0 NEUTRAL
MTO Moto Goldmines 1.14 2.7 90,827 0 NEUTRAL
PSQ Pacific Smiles 1.18 2.6 440,680 0 NEUTRAL
ERA Energy Resources Of Australia 0.2 2.6 162,416 0 NEUTRAL
AMP AMP 2.07 2 15,745,607 0 NEUTRAL
IRI Integrated Research 3.31 1.8 294,952 0 NEUTRAL