Trading indicator
% Volume OscillatorBacktest 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% |
Trading Performance
% Volume Oscillator
Score
0.55
| Position | Trades | Duration | Win Rate | Win/Loss | Avg Win | Avg Loss | Return |
|---|---|---|---|---|---|---|---|
| LONG | 23 | 9.7 | 0.35% | 0.44% | 4.2% | -2.5% | -12.4% |
| SHORT | 24 | 21.9 | 0.67% | 1.60% | 6.8% | -4.8% | 61.2% |
Summary
Technical Analysis
Autosports (ASG.AX)
Indicator:
% VOLUME OSCILLATOR
Last Signal:
BEARISH
Trading: SELL @ $1.28
Signal Strength: MEDIUM
Recommendation:
Autosports (ASX:ASG) currently has negative PVO -50.88%. 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;
PROFILE: Autosports (ASG.AX)
Stock Exchange: ASX
Company: Autosports
Ticker Codes: | ASG.AX | ASX:ASG |
Autosports Group Limited operates as a vehicle dealer in Australia. The company engages in the sale of new and used motor vehicles; distribution of finance and insurance products; sale of aftermarket products and spare parts; and provision of motor vehicle servicing and collision repair services. Autosports Group Limited was founded in 2016 and is based in Leichhardt, Australia.
Top 10:
% Volume Oscillator
| Company | Close | Change(%) | Volume | Value | Signal |
|---|---|---|---|---|---|
| CSV CSG | 0.17 | 26.9 | 1,235,815 | -6.61 | BEARISH |
| BOC Bougainville Copper | 0.12 | 9.1 | 27,100 | -0.6 | BEARISH |
| WGX Westgold Resources | 1.78 | 8.9 | 1,219,326 | -19.9 | BEARISH |
| APD Apn Property | 0.51 | 8.6 | 192,400 | -8.1 | BEARISH |
| AJX Alexium International | 0.14 | 7.7 | 338,030 | -1.89 | BEARISH |
| ALU Altium | 35.13 | 5.6 | 741,118 | -3.08 | BEARISH |
| BRN Brainchip Holdings | 0.08 | 5.3 | 7,794,670 | -8.62 | BEARISH |
| MOC Mortgage Choice | 1.13 | 5.1 | 144,151 | -2.25 | BEARISH |
| SDA Speedcast International | 3.63 | 4.9 | 1,766,294 | -10.72 | BEARISH |
| TWR Tower | 0.73 | 4.3 | 39,360 | -2.21 | BEARISH |