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

On Balance Volume



Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 38 10.5 0.45% 0.81% 1.8% -2.1% -15.1%
SHORT 38 10.6 0.55% 1.17% 2.1% -2.4% 1.9%


Technical Analysis

Caltex (CTX.AX)



Last Signal:


Trading: HOLD @ $24.11
Signal Strength: MEDIUM

Caltex (ASX:CTX) current price has highlighted recent accumulation. Currently, the OBV is 47496.8.

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.

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)


Stock Exchange: ASX
Company: Caltex
Ticker Codes: | CTX.AX | ASX:CTX |

About Caltex (ASX:CTX):

Caltex Australia Limited engages in purchasing, refining, distributing, and selling petroleum products in Australia, New Zealand, and Singapore. It operates through Supply and Marketing, and Lytton segments. The Supply and Marketing segment sells fuels, lubricants, specialty products, and convenience store goods through a network of Caltex, Caltex Woolworths, and Ampol branded service stations, as well as through company owned and non-equity resellers, and direct sales to corporate customers. This segment distributes its products through pipelines, terminals, depots, and owned and contracted transportation fleet. The Lytton segment refines crude oil into petrol, diesel, greases, and jet fuel, as well as various specialty products, including liquid petroleum gas. Caltex Australia Limited was founded in 1900 and is headquartered in Sydney, Australia.

Top 10:

On Balance Volume

Company Close Change(%) Volume Value Signal
MOY Millennium Minerals 0.1 22 12,026,126 405,502.5 BULLISH CROSSOVER
MGC Mg Unit Trust 0.35 18.6 1,279,050 79,065.7 BULLISH CROSSOVER
BTI Bailador Technology Investments 1.03 6.2 579,514 31,500 BULLISH CROSSOVER
MSB Mesoblast 1.44 5.1 1,597,792 37,137.2 BULLISH CROSSOVER
SMX Sms Management & Technology 0.37 2.8 268,186 22,473.2 BULLISH CROSSOVER
DCN Dacian Gold 0.6 1.7 3,860,156 2,663,128.8 BULLISH CROSSOVER
FRI Finbar International 0.88 1.7 77,463 1,324.8 BULLISH CROSSOVER
HUO Huon Aquaculture 4.65 1.1 3,208 21,163 BULLISH CROSSOVER
REX Regional Express 1.41 1.1 2,324 631.8 BULLISH CROSSOVER
LYL Lycopodium 4.93 0.8 20,437 26 BULLISH CROSSOVER