Australian Pipeline Trust

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

-0.45

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 30 13.5 0.40% 0.67% 4.3% -2.4% 9.2%
SHORT 30 12.2 0.33% 0.50% 2.4% -2.2% -19.9%

Summary

Technical Analysis

Australian Pipeline Trust (APA.AX)


Indicator:

RATE OF CHANGE


Last Signal:

BULLISH


Trading: HOLD @ $11.55
Signal Strength: MEDIUM
Recommendation:

Australian Pipeline Trust (ASX:APA) currently has positive rate of change of 12.793%. This means the current price is greater than the price 14 days ago and therefore gaining 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: Australian Pipeline Trust (APA.AX)


Stock Exchange: ASX
Company: Australian Pipeline Trust
Ticker Codes: | APA.AX | ASX:APA |

About Australian Pipeline Trust (ASX:APA):

APA Group develops, owns, and operates natural gas transportation and energy infrastructure in Australia. The company operates through three segments: Energy Infrastructure, Asset Management, and Energy Investments. It operates natural gas pipelines, gas storage facilities, gas-fired power stations, and wind farms. The company has interests in approximately 15,000 kilometers of gas transmission pipelines; 28,400 kilometers of gas mains and pipelines; and 1.3 million gas consumer connections. It also owns and operates the Mondarra gas storage facility and the Emu Downs wind farm in Western Australia; 242 megawatt Diamantina and 60 megawatt Leichhardt power stations in Queensland; the Dandenong LNG storage facility in Victoria; and the Central Ranges gas distribution network servicing Tamworth in New South Wales. In addition, the company provides commercial, operating, and asset maintenance services to its energy investments and third parties; and invests in unlisted entities. APA Group is headquartered in Sydney, Australia.

Top 10:

Rate of Change

Download
Company Close Change(%) Volume Value Signal
ASL Ausdrill 1.74 10.5 8,810,838 26.09 BULLISH
CLQ Clean Teq Holdings 0.38 10.3 4,365,526 36.36 BULLISH
RND Rand Mining 3.25 8.3 8,137 8.33 BULLISH
ALK Alkane Exploration 0.46 7.1 4,445,709 40 BULLISH
AJX Alexium International 0.16 6.9 1,232,642 19.23 BULLISH
FDV Frontier Digital Ventures 0.77 6.2 113,332 30.51 BULLISH
PNV Polynovo 1.56 5.1 4,075,815 24.9 BULLISH
MAH Macmahon 0.22 4.8 908,462 25.71 BULLISH
DNA Donaco International 0.11 4.8 2,736,673 22.22 BULLISH
SLR Silver Lake Resources 1.23 4.2 5,739,437 46.43 BULLISH