Evolve Education

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%



Code Company Date Close Change Indicator Value Signal

Trading Performance

Elder Ray Index



Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 39 8.0 0.54% 0.70% 3.2% -5.3% -90.5%
SHORT 38 12.4 0.74% 1.40% 6.5% -4.7% 86.1%


Technical Analysis

Evolve Education (EVO.AX)



Last Signal:


Trading: BUY @ $0.125
Signal Strength: MEDIUM

Volatility indicators highlight potential moves of a stock which can either move sharply in the updwards or downwards direction. This indicator allows stocks to be compared on a level playing field to highlight high and low volatility. Normally, falling markets are more likely to be volatile than a rising markets due to the emotion that gets tied to trading. Use volatility indicators in conjunction with other indicators to reduce exposure to false moves.

Evolve Education (ASX:EVO) Elder Ray Index is signalling a Bullish movement

A technical indicator developed by Alexander Elder that measures the amount of buying and selling pressure in the market. This indicator consists of two separate indicators known as bull power and bear power. These figures allow a trader to determine the position of the price relative to a certain exponential moving average (EMA).

Calculation: Elder Ray Index (ERI):
1) Bull Power = Daily High - n-period EMA;
2) Bear Power = Daily Low - n-period EMA;

PROFILE: Evolve Education (EVO.AX)

Stock Exchange: ASX
Company: Evolve Education
Ticker Codes: | EVO.AX | ASX:EVO |

About Evolve Education (ASX:EVO):

Evolve Education Group Limited provides early childhood education (ECE) services in New Zealand. The company operates in two segments, ECE Centres and Home-based ECE. The ECE Centres segment operates facilities that offer all day or part-day early childhood services. The Home-based ECE segment provides services to a small group of children in a home setting supported by a registered teacher coordinator. The company also provides management and training services. It operates approximately 120 center-based ECE facilities under the Lollipops, Porse, Active Explorers, Learning Adventures, Little Earth Montessori, Au Pair Link, Little Lights, Little Wonders, and Pascals brands. The company was founded in 2014 and is based in Auckland, New Zealand.

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