Bravura Solutions

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

Daily Volume Index

Score

-0.85

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 20 16.8 0.35% 0.47% 11.7% -3.7% 26.7%
SHORT 19 22.5 0.16% 0.19% 7.8% -6.1% -74.9%

Summary

Technical Analysis

Bravura Solutions (BVS.AX)


Indicator:

DAILY VOLUME INDEX


Last Signal:

BULLISH


Trading: HOLD @ $5.85
Signal Strength: MEDIUM
Recommendation:

Bravura Solutions (ASX:BVS) current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the DVI is 1009.


Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. 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.


The daily volume index (DVI) is the amount of individual securities traded in a day on average over a specified period of time. Trading activity relates to the liquidity of a security. When average daily trading volume is high the stock can be easily traded and has high liquidity if trading volume is not very high and the security will tend to be less expensive because people are not as willing to buy it. As a result average daily trading volume can have an effect on the price of the security.

Calculation: Daily Volume Index (DVI):
1) [Close]-[Average price] / [Average price] x [Volume];


PROFILE: Bravura Solutions (BVS.AX)


Stock Exchange: ASX
Company: Bravura Solutions
Ticker Codes: | BVS.AX | ASX:BVS |

About Bravura Solutions (ASX:BVS):

Bravura Solutions Limited provides enterprise software and software-as-a-service (SaaS) to the wealth management, life insurance, and funds administration markets in Australia, New Zealand, the United Kingdom, Europe, Africa, Asia, and internationally. The company operates in two segments, Wealth Management and Funds Administration. It offers Sonata, a wealth management administration system that support various business lines, such as pensions and retirement savings, life insurance, investment, KiwiSaver, and wrap and platform; SonataWeb, a personalized and user-friendly front-end portal for organizations, which is suitable across various business lines, including superannuation and pensions, wrap, life insurance, and investment products; and ePASS, an online portal that provides online services for accumulation and retirement products, such as defined benefit schemes, as well as retirement and pension products for superannuation members and employers. The company also provides SaaS solutions comprising Rufus Admin that offers funds administration functionality for transfer agents; Rufus Digital, which accommodates the needs of intermediaries and investors supporting the real-time, and integrated data and services; and Rufus Messaging, an automated STP messaging solution that connects third party message providers with Rufus Admin. In addition, it offers enterprise funds administration platforms, which supports the administration requirements of investment vehicles, including UCITS compliant vehicles, such as SICAVS, OEICS, and other umbrella structures, as well as unit trusts, cash, constant, and variable NAV money market funds and investment trusts. Further, the company provides professional services, including BPO partnering, consulting, data migration, implementation, software development, support, and training services, as well as managed application services. Bravura Solutions Limited was founded in 2004 and is headquartered in Sydney, Australia.

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Daily Volume Index

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