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

1.1

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 9 40.1 0.56% 1.25% 9.6% -3.4% 34.4%
SHORT 9 42.3 0.56% 1.25% 2.6% -1.6% 6.5%

Summary

Technical Analysis

Brambles (BXB.AX)


Indicator:

AROON OSCILLATOR


Last Signal:

BULLISH


Trading: BUY @ $12.78
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.


Brambles (ASX:BXB) has a current ARU(25) of 88 and a current ARD(25) of 40



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: Brambles (BXB.AX)


Stock Exchange: ASX
Company: Brambles
Ticker Codes: | BXB.AX | ASX:BXB |

About Brambles (ASX:BXB):

Brambles Limited provides supply-chain logistics solutions based on the provision of reusable pallets, crates, and containers for shared use by various participants in the supply chain. The company operates through CHEP North America and Latin America; CHEP Europe, Middle East, Africa and India; CHEP Australia, New Zealand and Asia, excluding India; and IFCO segments. It offers pallet and container pooling, and reusable plastic crates pooling services. The company is also involved in the specialist container logistics business for the automotive sector. As of February 15, 2018, it owned approximately 590 million pallets, crates, and containers through a network of approximately 850 service centers. The company provides its services under the CHEP and IFCO brands to the customers in the fast-moving consumer goods, fresh produce, beverage, retail, and general manufacturing industries in the Americas, Europe, Australia, and internationally. Brambles Limited was founded in 1875 and is headquartered in Sydney, Australia.

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Aroon Oscillator

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