Eden Energy

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

% Volume Oscillator

Score

0.55

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 24 11.8 0.46% 0.73% 13.3% -8.6% 16.7%
SHORT 25 18.4 0.60% 1.50% 17.4% -14.8% 113.6%

Summary

Technical Analysis

Eden Energy (EDE.AX)


Indicator:

% VOLUME OSCILLATOR


Last Signal:

BEARISH


Trading: SELL @ $0.047
Signal Strength: MEDIUM
Recommendation:

Eden Energy (ASX:EDE) currently has negative PVO -35.4%. The recent volume is losing momentum through a fall on the short term exponential moving average.

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


The Percentage Volume Oscillator (PVO) is a momentum oscillator for volume. PVO measures the difference between two volume-based moving averages as a percentage of the larger moving average. As with MACD and the Percentage Price Oscillator (PPO) it is shown with a signal line a histogram and a centreline.

Calculation: Percentage Volume Oscillator (PVO):
1) Percentage Volume Oscillator (PVO): ((12-day EMA of Volume - 26-day EMA of Volume)/26-day EMA of Volume) x 100;
2) Signal Line: 9-day EMA of PVO; 3) Histogram: PVO - Signal Line;


PROFILE: Eden Energy (EDE.AX)


Stock Exchange: ASX
Company: Eden Energy
Ticker Codes: | EDE.AX | ASX:EDE |

About Eden Energy (ASX:EDE):

Eden Innovations Ltd. provides various clean technology solutions. The company offers EdenCrete, a carbon nanotube enriched admixture for concrete; and OptiBlend, a retrofit dual fuel kit for diesel generator sets. It also provides Pyrolysis, a technology to produce carbon nanotube, and carbon nanofibre and hydrogen; Hythane, a blend of hydrogen and natural gas; and EdenPlast, a CNT enriched polymers and plastics. The company was formerly known as Eden Energy Ltd. and changed its name to Eden Innovations Ltd. in November 2016. Eden Innovations Ltd. was incorporated in 2004 and is based in Perth, Australia.

Top 10:

% Volume Oscillator

Download
Company Close Change(%) Volume Value Signal
EVO Evolve Education 0.16 6.9 1,941,596 -16.78 BEARISH
PSI Pacific Strategic Investments 2.98 5.3 12,573 -23.05 BEARISH
PLS Pilbara Minerals 0.31 5.1 4,005,940 -18.23 BEARISH
NEA Nearmap 2.77 4.1 2,086,764 -7.26 BEARISH
MGX Mount Gibson Iron 0.81 3.9 1,033,359 -19.03 BEARISH
FMG Fortescue Metals 9.5 3.9 16,000,604 -2.3 BEARISH
PNR Pacific Niugini Minerals 0.15 3.6 155,491 -24.02 BEARISH
CWY Cleanaway Waste Management 1.95 3.2 10,303,919 -17.12 BEARISH
AHY Asaleo Care 1 3.1 261,409 -24.9 BEARISH
GNG GR Engineering Services 0.85 3 12,000 -40.7 BEARISH