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

Elder's Force Index



Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 17 16.9 0.59% 1.00% 3.5% -3.0% 4.9%
SHORT 17 27.8 0.71% 2.00% 6.9% -1.6% 73.0%


Technical Analysis

Autosports (ASG.AX)



Last Signal:


Trading: SELL @ $1.245
Signal Strength: MEDIUM

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.

Autosports (ASX:ASG) current price has highlighted recent selling pressure. Currently, the Elders Force Index is -42.

Elders Force Index (EFI) measures the power behind a price movement using price and volume. The indicator can also be used to identify potential reversals and price corrections. The EFI is an oscillator that fluctuates between positive and negative values above and below a Zero Line.

Calculation: Elders Force Index (EFI):
1) Close – Close yesterday x Volume;

PROFILE: Autosports (ASG.AX)

Stock Exchange: ASX
Company: Autosports
Ticker Codes: | ASG.AX | ASX:ASG |

About Autosports (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.

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Elder's Force Index

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XRO Xero 61.61 0.9 263,809 589 BULLISH CROSSOVER
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ING Inghams 4.15 0.7 716,557 41,351 BULLISH CROSSOVER
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BKI Brickworks Investment 1.64 0.6 333,951 1,166 BULLISH CROSSOVER
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