Dicker Data

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

Daily Volume Index

Score

0.05

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 12 23.8 0.67% 1.60% 8.5% -4.2% 47.3%
SHORT 11 40.0 0.27% 0.33% 4.0% -3.7% -21.4%

Summary

Technical Analysis

Dicker Data (DDR.AX)


Indicator:

DAILY VOLUME INDEX


Last Signal:

BEARISH


Trading: SELL @ $4.85
Signal Strength: MEDIUM
Recommendation:

Dicker Data (ASX:DDR) current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the DVI is -812.


Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading exit. 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: Dicker Data (DDR.AX)


Stock Exchange: ASX
Company: Dicker Data
Ticker Codes: | DDR.AX | ASX:DDR |

About Dicker Data (ASX:DDR):

Dicker Data Limited engages in the wholesale distribution of computer hardware, software, and related products in Australia and New Zealand. The company offers a product portfolio of various technology vendors, including HP, Cisco, Toshiba, ASUS, Lenovo, Microsoft, and other brands. Dicker Data Limited sells its products to approximately 5,000 resellers. The company was formerly known as Rodin Corporation Pty Limited. Dicker Data Limited was founded in 1978 and is based in Kurnell, Australia.

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Daily Volume Index

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