Eden Energy

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

Aroon Oscillator

Score

-1.3

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 13 21.8 0.08% 0.08% 29.1% -14.3% -142.1%
SHORT 14 34.6 0.50% 1.00% 15.8% -12.5% 22.6%

Summary

Technical Analysis

Eden Energy (EDE.AX)


Indicator:

AROON OSCILLATOR


Last Signal:

BEARISH


Trading: SELL @ $0.033
Signal Strength: STRONG
Recommendation:

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has been constructed to highlight the existence of a trend for an assocaited timeframe. Trend determining indicators can be used in short, medium or long term timeframes & determines if the stock is trending or ranging. Once the trend status is quantified, this can then be coupled to additional indicators to add a significant advantage to the trading strategy.


Eden Energy (ASX:EDE) has a current ARU(25) of 76 and a current ARD(25) of 100



The Aroon Oscillator is the difference between Aroon-Up and Aroon-Down. These two indicators are usually plotted together for easy comparison but chartists can also view the difference of these two indicators with the Aroon Oscillator. This indicator fluctuates between -100 and +100 with zero as the middle line.

Calculation: Aroon Oscillator (ARO) :
1) Aroon Up = 100 x (25 - Days Since 25-day High)/25;
2) Aroon Down = 100 x (25 - Days Since 25-day Low)/25;
3) Aroon Oscillator = Aroon-Up - Aroon-Down;


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:

Aroon Oscillator

Download
Company Close Change(%) Volume Value Signal
ATL ASX 20 0.65 9.2 415,156 -64 BEARISH
DNA Donaco International 0.08 9.2 4,579,010 -56 BEARISH
HFR Highfield Resources 0.74 7.3 38,107 -52 BEARISH
EZL Euroz 1.21 7.1 86,825 -32 BEARISH
MNS Milnes Holdings 0.21 5.1 895,452 -96 BEARISH
MTO Moto Goldmines 1.34 4.7 78,748 -68 BEARISH
BRN Brainchip Holdings 0.05 4.5 1,366,441 -56 BEARISH
BFC Beston Global Food 0.12 4.3 385,290 -44 BEARISH
ONE Oneview Healthcare 0.25 4.2 107,600 -8 BEARISH
DFM Dongfang Modern Agriculture 0.88 4.1 241,557 -68 BEARISH