Aneka Tambang

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

-0.7

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 2 300.5 1.00% 2.00% 23.2% 0.0% 46.4%
SHORT 1 46.0 0.00% 0.00% 0.0% -2.4% -2.4%

Summary

Technical Analysis

Aneka Tambang (ATM.AX)


Indicator:

RATE OF CHANGE


Last Signal:

BULLISH


Trading: HOLD @ $1.035
Signal Strength: MEDIUM
Recommendation:

Aneka Tambang (ASX:ATM) currently has positive rate of change of 2.475%. 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: Aneka Tambang (ATM.AX)


Stock Exchange: ASX
Company: Aneka Tambang
Ticker Codes: | ATM.AX | ASX:ATM |

About Aneka Tambang (ASX:ATM):

PT Aneka Tambang Tbk operates as a diversified mining and metals company in Indonesia and internationally. The company operates through two segments, Nickel, and Gold and Refinery. The company is involved in the exploration, excavation, processing, and marketing of nickel ore, ferronickel, gold, silver, bauxite, and coal. It also engages in construction, trading, industry, agriculture, printing, and ground transportation business; manufacturing stainless steel; and providing industrial area management services. The company also exports its products. PT Aneka Tambang Tbk was founded in 1968 and is headquartered in Jakarta, Indonesia.

Top 10:

Rate of Change

Download
Company Close Change(%) Volume Value Signal
RSG Resolute Mining 1.74 7.1 9,161,059 6.37 BULLISH
MLX Metals X 0.25 6.4 2,769,031 20.83 BULLISH
NST Northern Star Resources 13.47 6 4,840,454 5.3 BULLISH
OMH OM Holdings 0.86 5.5 28,581 34.48 BULLISH
SBM St Barbara Mines 3.55 5.3 5,019,351 15.21 BULLISH
AGG Anglogold Ashanti 5.56 5.1 467,306 53.05 BULLISH
RRL Regis Resources 6.38 4.9 5,376,386 4.03 BULLISH
ABC Adelaide Brighton 4.35 4.3 2,365,140 8.42 BULLISH
ASB Austal 4.13 4 5,275,463 12.17 BULLISH
IFM Infomedia 1.96 3.7 966,846 31.25 BULLISH