Flexigroup

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%

What indicators would you like to backtest?

Company

Indicator

Code Company Date Close Change Indicator Value Signal

Trading Performance

Open vs Close

Score

0.85

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 49 8.4 0.49% 0.86% 5.5% -2.7% 55.7%
SHORT 49 8.4 0.49% 0.92% 6.2% -4.3% 35.7%

Summary

Technical Analysis


The opening and closing bar positions can add depth to assess whether buyers of sellers commitment is changing and thus which side is in control at the close of the trading session.

Calculation: Open Today Versus Close Today (OTCT):
1) If the market opens near the low and closes near the high the buyers have had control during the entire day;
2) If the market opens near the high and closes near the low the sellers have had control during the entire day;
3) If the market opens near one extreme of the range and closes near the middle of the range the side who started in control has lost commitment;
4) If the market opens near one extreme and closes near the same extreme the side who started in control has lost control;
5) If the market opens near the middle of the range and closes near one extreme control has swung to the buyers;
6) If the close is near the high and if the close is near the low the control has swung to the sellers;
7) If the market opens near the middle of the range and closes similarly neither side is strongly committed;


PROFILE: Flexigroup (FXL.AX)


Stock Exchange: ASX
Company: Flexigroup
Ticker Codes: | FXL.AX | ASX:FXL |

About Flexigroup (ASX:FXL):

FlexiGroup Limited provides consumer revolving financing, leasing, and rental financing services in Australia, New Zealand, and Ireland. The company operates through Certegy, Australia Cards, Australia Leasing, New Zealand Leasing, and New Zealand Cards segments. It offers leasing services to consumers, businesses, and corporations under the FlexiRent, FlexiWay, FlexiCommercial, FlexiEnterprise, and SmartWay brands; and interest free finance to enable customers to facilitate purchases at participating retailer's point of sale and online. The company also provides no interest ever, interest free and Visa cards, vendor finance programs, buy now pay later, and other finance solutions to consumers and businesses. In addition, it offers non-bank consumer credit services. The company serves various industries, including travel and home improvement, jewelery, technology, furniture, education, government, solar, and point of sale systems; and business to consumer, business to business, retail to consumers, and online markets through a network of 24,000 merchant, vendor, and retail partners. FlexiGroup Limited was founded in 1988 and is headquartered in Sydney, Australia.

Top 10:

Open vs Close

Download
Company Close Change(%) Volume Value Signal
CCP Credit Corp 27.27 13.3 452,171 0 BULLISH
BBN Baby Bunting 2.7 11.1 2,595,338 0 BULLISH
SUL Super Cheap Auto 9.75 7.9 2,023,965 1 BULLISH
SGR The Star Entertainment 3.79 5.9 14,342,914 1 BULLISH
AHG Advance Healthcare 3.21 4.6 663,989 1 BULLISH
CAJ Capitol Health 0.23 4.5 159,441 0 BULLISH
SHM Shriro 0.67 3.9 91,198 1 BULLISH
CYB Cybg 2.48 3.8 5,776,731 0 BULLISH
CAT Catuity 1.17 3.6 340,110 1 BULLISH
SSM Service Stream 2.74 3.4 1,525,929 0 BULLISH