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

Elder's Force Index

Score

-0.1

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 45 9.2 0.58% 1.24% 4.5% -7.0% -30.0%
SHORT 45 8.8 0.71% 1.78% 3.5% -5.3% 16.2%

Summary

Technical Analysis

Freelancer (FLN.AX)


Indicator:

ELDERS FORCE INDEX


Last Signal:

BEARISH


Trading: SELL @ $0.3
Signal Strength: MEDIUM
Recommendation:

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.


Freelancer (ASX:FLN) current price has highlighted recent selling pressure. Currently, the Elders Force Index is -724.



Elders Force Index (EFI) measures the power behind a price movement using price and volume. The indicator can also be used to identify potential reversals and price corrections. The EFI is an oscillator that fluctuates between positive and negative values above and below a Zero Line.

Calculation: Elders Force Index (EFI):
1) Close – Close yesterday x Volume;


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:

Elder's Force Index

Download
Company Close Change(%) Volume Value Signal
EMH European Metals Holdings 0.3 20.4 423,756 -1,471 BEARISH
AJX Alexium International 0.04 17.6 638,300 -7,730 BEARISH
ATL ASX 20 0.1 16.3 289,754 -40,367 BEARISH
BFC Beston Global Food 0.08 14.3 399,394 -31 BEARISH
SXY Senex Energy 0.17 13.8 12,737,087 -724 BEARISH
SNL Supply Network 3.4 11.5 17,610 -24,541 BEARISH
GTN GTN Resources 0.49 8.9 19,100 -1,240 BEARISH
PGC Paragon Care 0.13 8.7 1,392,228 -62,382 BEARISH
EWC Energy World Corporation 0.05 8.5 162,002 -1,570 BEARISH
VGL Volante 1.3 8.3 64,329 -6,726 BEARISH