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

Aroon Oscillator

Score

-0.9

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 13 27.2 0.15% 0.18% 6.8% -4.3% -33.6%
SHORT 13 30.5 0.23% 0.30% 15.0% -4.8% -3.1%

Summary

Technical Analysis

Boral (BLD.AX)


Indicator:

AROON OSCILLATOR


Last Signal:

BULLISH


Trading: BUY @ $5.23
Signal Strength: STRONG
Recommendation:

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has been constructed to highlight the existence of a trend for an assocaited timeframe. Trend determining indicators can be used in short, medium or long term timeframes & determines if the stock is trending or ranging. Once the trend status is quantified, this can then be coupled to additional indicators to add a significant advantage to the trading strategy.


Boral (ASX:BLD) has a current ARU(25) of 100 and a current ARD(25) of 76



The Aroon Oscillator is the difference between Aroon-Up and Aroon-Down. These two indicators are usually plotted together for easy comparison but chartists can also view the difference of these two indicators with the Aroon Oscillator. This indicator fluctuates between -100 and +100 with zero as the middle line.

Calculation: Aroon Oscillator (ARO) :
1) Aroon Up = 100 x (25 - Days Since 25-day High)/25;
2) Aroon Down = 100 x (25 - Days Since 25-day Low)/25;
3) Aroon Oscillator = Aroon-Up - Aroon-Down;


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.

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Aroon Oscillator

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EML Emerchants 2.55 6.3 2,216,677 92 BULLISH
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