Bougainville Copper

What indicators would you like to setup a trade for?

Candlestick Daily volume index Bar reversal Edit

Trade setup

Position Order Entry Exit Stop Loss Risk Return Expectancy
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?

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%

Company

Indicator

Code Company Date Close Change Indicator Value Signal

Trading Performance

On Balance Volume

Score

-0.8

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 36 10.3 0.28% 0.32% 21.7% -6.5% 15.2%
SHORT 36 12.9 0.39% 0.48% 5.0% -5.4% -85.4%

Summary

Technical Analysis

Bougainville Copper (BOC.AX)


Indicator:

ON BALANCE VOLUME


Last Signal:

BEARISH


Trading: SELL @ $0.245
Signal Strength: MEDIUM
Recommendation:

Bougainville Copper (ASX:BOC) current price has highlighted recent distribution. Currently, the OBV is -16092.3.


Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading exit. Indicator can be applied to the short/medium term timeframe, but the best results are obtained with larger cyclical swings in-line with the trend direction. This accumulation / distribution oscillator can provide guidance on the money flow direction from the companies recent trading.


On Balance Volume (OBV) attempts to measure the level of accumulation or distribution by comparing volume to price movements. Volume is added to the indicator if closing price moves up and subtracted if closing price moves down. No adjustment is made if closing price is unchanged.

Calculation: On Balance Volume:
1) If the closing price is above the prior close price then: Current OBV = Previous OBV + Current Volume;
2) If the closing price is below the prior close price then: Current OBV = Previous OBV - Current Volume;
3) If the closing prices equals the prior close price then: Current OBV = Previous OBV (no change)


PROFILE: Bougainville Copper (BOC.AX)


Stock Exchange: ASX
Company: Bougainville Copper
Ticker Codes: | BOC.AX | ASX:BOC |

About Bougainville Copper (ASX:BOC):

Bougainville Copper Limited focuses on mining operations in the Autonomous Region of Bougainville Province in Papua New Guinea. The company is based in Port Moresby, Papua New Guinea.

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