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

0.7

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 15 28.0 0.53% 1.14% 10.0% -3.7% 53.6%
SHORT 15 19.8 0.40% 0.67% 3.9% -2.3% 2.9%

Summary

Technical Analysis

Domino (DMP.AX)


Indicator:

DAILY VOLUME INDEX


Last Signal:

BULLISH


Trading: HOLD @ $57.26
Signal Strength: MEDIUM
Recommendation:

Domino (ASX:DMP) current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the DVI is 538.


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: Domino (DMP.AX)


Stock Exchange: ASX
Company: Domino
Ticker Codes: | DMP.AX | ASX:DMP |

About Domino (ASX:DMP):

Domino's Pizza Enterprises Limited operates retail food outlets. The company holds franchise rights for the Domino's brand and network in Australia, New Zealand, Belgium, France, the Netherlands, Japan and Germany. As of August 15, 2017, it operated a network of approximately 2,000 stores. Domino's Pizza Enterprises Limited is based in Brisbane, Australia.

Top 10:

Daily Volume Index

Download
Company Close Change(%) Volume Value Signal
IFM Infomedia 2.15 16.8 1,445,495 1,997 BULLISH
UOS United Overseas Australia 0.8 9.6 110,847 1,977 BULLISH
DNK Danakali 0.57 8.7 180,001 340 BULLISH
BEE Broo 0.01 8.3 583,427 8,270 BULLISH
ALK Alkane Exploration 0.91 6.5 4,762,492 568 BULLISH
CDV Cardinal Resources 0.37 5.7 3,362,217 10,823 BULLISH
RFG Retail Food 0.1 5.4 3,748,600 2,745 BULLISH
FDV Frontier Digital Ventures 1 5.3 159,343 2,445 BULLISH
PSQ Pacific Smiles 1.93 4.9 23,436 470 BULLISH
AQG Alacer Gold Corp 7.7 4.6 226,257 1,466 BULLISH