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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Company

Indicator

Code Company Date Close Change Indicator Value Signal

Trading Performance

Volume Rate of Change

Score

-0.7

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 60 7.7 0.52% 0.78% 1.9% -2.5% -41.1%
SHORT 58 6.6 0.52% 0.91% 2.3% -2.1% 0.4%

Summary

Technical Analysis

Cardno (CDD.AX)


Indicator:

VOLUME RATE OF CHANGE


Last Signal:

BULLISH CROSSOVER


Trading: BUY @ $0.85
Signal Strength: MEDIUM
Recommendation:

Cardno (ASX:CDD) currently has positive volume of change of 171%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum.

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has the ability to detect the speed of movement & give an early signal for a potential movement. By understanding the rate at which the price is moving in respect to the stocks historical trades, enables positions to be set in place based on changes in the speed of movement


Volume Rate of Change Volume (VROC) is an oscillator applied to volume rather than price and is calculated in the same manner as the Rate of Change (Price) indicator. VROC highlights increases in volume which normally occur at most significant market tops bottoms and breakouts.

Calculation: Volume Rate of Change (VROC):
1) ( Volume [today] - Volume [n days ago] ) / Volume [n days ago];

Top 10:

Volume Rate of Change

Download
Company Close Change(%) Volume Value Signal
BBN Baby Bunting 2.7 11.1 2,595,338 350 BULLISH
AFL ASX 50 0.2 11.1 4,347 1,208 BULLISH
ATL ASX 20 0.43 10.4 117,204 172 BULLISH
SUL Super Cheap Auto 9.75 7.9 2,023,965 3 BULLISH
AHG Advance Healthcare 3.21 4.6 663,989 255 BULLISH
GSW Getswift 0.25 4.2 499,320 29 BULLISH
COH Cochlear 209.43 3.9 588,882 577 BULLISH
CNI Centuria Capital 2.05 3.8 692,796 333 BULLISH
PNC Pioneer Credit 2.49 3.8 102,033 29 BULLISH
GMA Genworth Mortgage Insurance Australia 2.99 3.5 1,025,015 107 BULLISH