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

Ulcer Index

Score

0.65

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 32 13.7 0.56% 0.95% 6.3% -5.6% 5.9%
SHORT 32 10.5 0.59% 1.19% 10.3% -5.3% 109.9%

Summary

Technical Analysis

Freelancer (FLN.AX)


Indicator:

ULCER INDEX


Last Signal:

BULLISH


Trading: BUY @ $0.31
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) UIX index implies that the downside risk of the current trading price is high. Currently, the UIX is 26.487.



A technical indicator that measures downside risk in terms of both depth and duration of price declines. The Ulcer Index (UI) increases in value as the price moves farther away from a recent high and falls as the price rises to new highs. The indicator is usually calculated over 14 days with the UI showing the percentage drawdown a trader can expect from the high over that period. The greater the value of the UI the longer it takes for a stock to get back to the former high.

Calculation: Ulcer Index:
1) Percentage Drawdown = [(Close - 14-period High Close)/14-period High Close] x 100;
2) Squared Average = (14-period Sum of Percentage Drawdown Squared)/14;
3) Ulcer Index = Square Root of Squared Average;


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:

Ulcer Index

Download
Company Close Change(%) Volume Value Signal
BOC Bougainville Copper 0.25 47.1 51,977 5.08 BEARISH
FBR Fastbrick Robotics 0.03 23.1 5,095,985 6.28 BEARISH
SMX Sms Management & Technology 0.3 20 55,000 6.48 BEARISH
ZIM Zimbabwe Platinum Mines 11 19.2 71,087 5.49 BEARISH
GSW Getswift 0.59 13.5 282,256 5.2 BEARISH
ISD Isentia 0.17 9.7 5,164 6.14 BEARISH
ONE Oneview Healthcare 0.05 9.5 999,681 6.51 BEARISH
PNC Pioneer Credit 0.66 9.1 365,069 5.24 BEARISH
MXI Maxitra Industries 0.15 7.1 261,624 6.22 BEARISH
AGG Anglogold Ashanti 6 6 9,655 9.43 BEARISH