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

% Volume Oscillator



Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 22 16.1 0.59% 1.30% 10.5% -2.8% 108.3%
SHORT 22 18.1 0.45% 0.83% 8.3% -11.4% -53.2%


Technical Analysis

Appen (APX.AX)



Last Signal:


Trading: SELL @ $24.12
Signal Strength: MEDIUM

Appen (ASX:APX) currently has negative PVO -5.93%. The recent volume is losing momentum through a fall 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;


Stock Exchange: ASX
Company: Appen
Ticker Codes: | APX.AX | ASX:APX |

About Appen (ASX:APX):

Appen Limited, together with its subsidiaries, provides data solutions and services for machine learning and artificial intelligence applications for technology companies, auto manufacturers, and government agencies primarily in Australia and the United States. It operates through two divisions, Content Relevance and Language Resources. The Content Relevance division offers annotated data used in search technology embedded in Web, e-commerce, and social engagement for enhancing relevance and accuracy of search results and ad placements. The Language Resources division provides annotated data used in speech recognizers, machine translation, speech synthesizers, image recognizers, and other machine-learning technologies. The company was formerly known as Appen Holdings Pty Limited and changed its name to Appen Limited in October 2014. Appen Limited was founded in 1996 and is based in Chatswood, Australia.

Top 10:

% Volume Oscillator

Company Close Change(%) Volume Value Signal
BNO Bionomics 0.15 11.1 659,788 -8.53 BEARISH
ANG Austin Engineering 0.19 8.6 300,979 -41.53 BEARISH
MVF Monash IVF 1.15 4.5 542,225 -5.46 BEARISH
GXY Galaxy Resources 1.69 4 3,714,912 -12.83 BEARISH
AKP Audio Pixels Holdings 20 3.9 3,297 -15.32 BEARISH
SMN Structural Monitoring Systems 0.83 3.8 41,657 -27.38 BEARISH
RMS Ramelius Resources 0.85 3.7 1,884,187 -20.25 BEARISH
KAR Karoon Gas Australia 0.98 3.7 297,634 -4.02 BEARISH
AJX Alexium International 0.15 3.6 180,184 -23.45 BEARISH
SUL Super Cheap Auto 8.8 3.5 953,255 -0.44 BEARISH