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

Range Change

Score

0.5

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 49 8.7 0.43% 0.68% 2.4% -1.6% 0.2%
SHORT 48 8.3 0.46% 0.81% 2.9% -1.5% 24.4%

Summary

Technical Analysis


The range of the bar gives important information about the strength of weakness of a trend. If buyers are very committed they will be keen to buy and will tend to bid the price up even in the face of some selling pressure. Price will quickly & easily move upward and the move will tend to be significant. As such expanding ranges indicate the either buyers or sellers becoming more committed. Alternatively once the range begins to contract the side in control are losing commitment.

Calculation: Range Today Versus Range Yesterday (RTRY):
1) Expanding ranges on the upside indicates that buyers are increasingly eager;
2) Expanding ranges on the downside indicates that sellers are increasingly eager;
3) Contracting ranges on the upside indicates that buyers are becoming less eager;
4) Contracting ranges on the downside indicates that sellers are becoming less eager;


PROFILE: Boral (BLD.AX)


Stock Exchange: ASX
Company: Boral
Ticker Codes: | BLD.AX | ASX:BLD |

About Boral (ASX:BLD):

Boral Limited manufactures and supplies building and construction materials in Australia, the United States, and the Asia Pacific. It offers aggregates, ash, asphalt, blocks, bricks, cement, cement additives and dry mixes, commercial pavers, concrete, decorative concrete, grout, lime, oxides, pavers, plasterboard, plastering DIY bags, retaining walls, and roof tiles; and pool surfacing, quarry, sand quarry and specialized, stabilization, stone, and structural timber products, as well as timber cladding, decking, and flooring products. The company also provides material technical, pallet pick-up, and roof tiling installer services; and engages in the transport and property activities. It serves residential and non-residential construction, and the engineering and infrastructure markets. Boral Limited was founded in 1946 and is headquartered in North Sydney, Australia.

Top 10:

Range Change

Download
Company Close Change(%) Volume Value Signal
MOY Millennium Minerals 0.13 13.6 1,861,319 0 NEUTRAL
ONE Oneview Healthcare 0.29 11.8 184,305 0 NEUTRAL
MXI Maxitra Industries 0.33 8.2 24,282 0 NEUTRAL
PRU Perseus Mining 0.71 6.8 12,414,565 0 NEUTRAL
AEF Australian Ethical Investments 2.03 6.8 76,257 0 NEUTRAL
AQG Alacer Gold Corp 5.42 6.3 936,317 0 NEUTRAL
SBM St Barbara Mines 3.55 5.3 5,019,351 0 NEUTRAL
URF Us Masters Residential Property Fund 0.9 4.7 25,678 0 NEUTRAL
ABC Adelaide Brighton 4.35 4.3 2,365,140 0 NEUTRAL
DNA Donaco International 0.12 4.3 834,535 0 NEUTRAL