IDP 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%

Company

Indicator

Code Company Date Close Change Indicator Value Signal

Trading Performance

Elder Ray Index

Score

0.65

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 32 18.9 0.56% 1.13% 9.6% -3.1% 122.5%
SHORT 32 5.6 0.50% 0.89% 2.0% -2.2% -6.3%

Summary

Technical Analysis

IDP Education (IEL.AX)


Indicator:

ELDER RAY INDEX


Last Signal:

BULLISH


Trading: BUY @ $16.67
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.


IDP Education (ASX:IEL) 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: IDP Education (IEL.AX)


Stock Exchange: ASX
Company: IDP Education
Ticker Codes: | IEL.AX | ASX:IEL |

About IDP Education (ASX:IEL):

IDP Education Limited engages in the placement of students into education institutions in Australia, the United Kingdom, the United States, Canada, and New Zealand. The company's services include counselling, application processing, pre-departure guidance, examinations, client relations, and English language teaching services. It is also involved in the distribution and administration of International English Language Testing System tests for study, work, and migration purposes. In addition, the company operates English language schools, as well as online education search Websites. It has operations in 30 countries worldwide. The company is headquartered in Melbourne, Australia. IDP Education Limited is a subsidiary of IDP Education Australia Limited.

Top 10:

Elder Ray Index

Download
Company Close Change(%) Volume Value Signal
DNA Donaco International 0.08 20.3 5,689,315 0.01 BULLISH
RCT Reef Casino 2.45 8.9 906 0.02 BULLISH
EOS Electro Optic Systems Holdings 7.23 8.2 392,340 0.04 BULLISH
OPT Opthea 3.58 7.5 405,885 0.17 BULLISH
BVS Bravura Solutions 4.03 7.2 3,476,269 0.02 BULLISH
VRT Virtus Health 4.41 5.5 447,549 0.04 BULLISH
FBR Fastbrick Robotics 0.06 5 1,145,523 0 BULLISH
BSA Broadcast Services Australia 0.43 4.9 182,669 0 BULLISH
LNG Liquefied Natural Gas 0.23 4.7 311,683 0.46 BULLISH
VRL Village Roadshow 3.1 4.7 145,297 0.02 BULLISH