Freelancer

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

MACD

Score

-0.35

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 23 15.1 0.30% 0.41% 9.5% -5.0% -18.0%
SHORT 24 16.8 0.33% 0.47% 11.2% -6.0% -12.6%

Summary

Technical Analysis

Freelancer (FLN.AX)


Indicator:

MACD


Last Signal:

BEARISH


Trading: SELL @ $0.395
Signal Strength: STRONG
Recommendation:

Freelancer (ASX:FLN) currently has negative MACD of -0.004. This means the signal line is less than the MACD line signalling a bearish movement.

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


Moving Average Convergence/Divergence (MACD) is an indicator that shows the relationship between two moving averages. It is calculated as a difference between the fast and slow moving averages. The historically popular is the difference between a securities 26-day and 12-day Exponential Moving Averages (EMA).

Calculation:: Moving Average Convergence Divergence (MACD);
1) MACD Line: (12-day EMA - 26-day EMA);
2) Signal Line: 9-day EMA of MACD Line;
3) MACD Histogram: MACD Line - Signal Line;


PROFILE: Freelancer (FLN.AX)


Stock Exchange: ASX
Company: Freelancer
Ticker Codes: | FLN.AX | ASX:FLN |

About Freelancer (ASX:FLN):

Freelancer Limited operates a freelancing and crowdsourcing marketplace in Australia. It operates through two segments, Online Marketplace and Online Payment Services. The company, through its marketplace, hires freelancers to do work in areas, such as software development, writing, data entry and design, engineering, sciences, sales and marketing, and accounting and legal services. It connects employers and freelancers from approximately 247 countries, regions, and territories. The company also provides escrow payment services. Freelancer Limited was founded in 2009 and is based in Sydney, Australia.

Top 10:

MACD

Download
Company Close Change(%) Volume Value Signal
AFL ASX 50 0.14 21.7 507,776 0 BULLISH
IVC Invocare 14.48 13.6 2,314,683 0.04 BULLISH
ISU Iselect 0.4 8.2 22,973 0 BULLISH
PAC Pacsoft 6.35 7.4 12,947 0.05 BULLISH
NZM Nzme 0.36 4.4 177,490 0.03 BULLISH
GTN GTN Resources 0.86 4.3 3,211 0.02 BULLISH
HUB Hub24 10.84 3.9 757,692 0.07 BULLISH
GAP Gale Pacific 0.16 3.2 113,860 0 BULLISH
DWS DWS 1.04 3 79,294 0 BULLISH
OML Ooh!Media 3.03 2.7 2,004,525 0 BULLISH