European Metals Holdings

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

Chaikin Money Flow

Score

-2.05

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 23 16.3 0.22% 0.24% 6.0% -8.3% -144.5%
SHORT 25 15.9 0.44% 0.73% 7.0% -9.9% -71.7%

Summary

Technical Analysis

European Metals Holdings (EMH.AX)


Indicator:

CHAIKIN MONEY FLOW


Last Signal:

BULLISH CROSSOVER


Trading: BUY @ $0.36
Signal Strength: STRONG
Recommendation:

European Metals Holdings (ASX:EMH) current price has highlighted recent buying pressure and the start of a bullish trading conditions. Currently, the CMF is 0.07. During the quarter, the highest CMF value was 0.42 occurring on the Nov 11 2019.


A bullish crossover has been confirmed due the last trading session with is a strong indication of a diretional change. This 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.

Developed by Marc Chaikin, Chaikin Money Flow measures the amount of Money Flow Volume over a specific period. Money Flow Volume forms the basis for the Accumulation Distribution Line. Instead of a cumulative total of Money Flow Volume, Chaikin Money Flow simply sums Money Flow Volume for a specific look-back period, typically 20 or 21 days. The resulting indicator fluctuates above/below the zero line just like an oscillator. Chartists weigh the balance of buying or selling pressure with the absolute level of Chaikin Money Flow. Chartists can also look for crosses above or below the zero line to identify changes on money flow.

Calculation: Chaikin Money Flow (20):
1) Money Flow Multiplier = [(Close - Low) - (High - Close)] / (High - Low);
2) Money Flow Volume = Money Flow Multiplier x Volume for the Period;
3) 20-period CMF = 20-period Sum of Money Flow Volume / 20 period Sum of Volume;


PROFILE: European Metals Holdings (EMH.AX)


Stock Exchange: ASX
Company: European Metals Holdings
Ticker Codes: | EMH.AX | ASX:EMH |

About European Metals Holdings (ASX:EMH):

European Metals Holdings Limited explores and develops mineral properties. It holds 100% interest in the Cinovec lithium-tin project in the Czech Republic. The company was formerly known as Equamineral Holdings Limited and changed its name to European Metals Holdings Limited in February 2014. European Metals Holdings Limited is based in West Perth, Australia.

Top 10:

Chaikin Money Flow

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