Bank Of Queensland

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

Elder Ray Index

Score

-1.75

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 47 10.5 0.55% 1.13% 1.2% -3.1% -40.7%
SHORT 47 6.0 0.47% 0.81% 0.9% -1.5% -19.6%

Summary

Technical Analysis

Bank Of Queensland (BOQ.AX)


Indicator:

ELDER RAY INDEX


Last Signal:

NEUTRAL


Trading: HOLD @ $9.6
Signal Strength: MEDIUM
Recommendation:

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.


Bank Of Queensland (ASX:BOQ)


A technical indicator developed by Alexander Elder that measures the amount of buying and selling pressure in the market. This indicator consists of two separate indicators known as bull power and bear power. These figures allow a trader to determine the position of the price relative to a certain exponential moving average (EMA).

Calculation: Elder Ray Index (ERI):
1) Bull Power = Daily High - n-period EMA;
2) Bear Power = Daily Low - n-period EMA;


PROFILE: Bank Of Queensland (BOQ.AX)


Stock Exchange: ASX
Company: Bank Of Queensland
Ticker Codes: | BOQ.AX | ASX:BOQ |

About Bank Of Queensland (ASX:BOQ):

Bank of Queensland Limited, together with its subsidiaries, provides various financial products and services in Australia. The company operates in two segments, Banking and Insurance. It offers personal banking services, such as everyday banking services; savings and investments accounts, and term deposits; credit cards; home, personal, and car loans; car, home and contents, landlord, travel, life, and commercial insurance, as well as credit protection insurance; investment services comprising online share trading services; self-managed superannuation funds; and currency exchange, travel money, private banking, and account and card switching services. The company's business banking services include transaction accounts, investment accounts, statutory trust accounts, investment trust accounts, business and term loans, cash flow finance, equipment and vehicle finance, inventory finance for dealer, international services, merchant services, property finance, farm management, commercial insurance, self-managed super options, and community banking services, as well as financial market and payment services. It also offers Internet and mobile banking services. As of August 31, 2017, it had 74 corporate branches and 109 owner managed branches; and 628 company branded ATMs and 2,948 other ATMs, as well as 7 transaction centers. Bank of Queensland Limited was founded in 1874 and is based in Newstead, Australia.

Top 10:

Elder Ray Index

Download
Company Close Change(%) Volume Value Signal
AJX Alexium International 0.13 13 328,122 0.02 BULLISH
EWC Energy World Corporation 0.08 10.8 945,847 0.17 BULLISH
BOC Bougainville Copper 0.11 10 84,981 0.35 BULLISH
PNV Polynovo 1.4 9.8 3,261,201 0.28 BULLISH
MGX Mount Gibson Iron 1.06 9.3 5,320,324 0 BULLISH
GGG Greenland Minerals 0.14 8 2,362,420 0.18 BULLISH
CAJ Capitol Health 0.22 7.3 466,982 0.04 BULLISH
MNF My Net Fone 3.73 7.2 55,752 0.01 BULLISH
CLQ Clean Teq Holdings 0.32 6.7 1,263,824 0.26 BULLISH
BSL Bluescope Steel 11.73 6.5 4,817,859 0.01 BULLISH