Infomedia

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%

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Trading Performance

Tricklar Trend

Score

-7.05

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 2 306.0 0.50% 1.00% 110.8% -1.2% 109.6%
SHORT 1 51.0 0.00% 0.00% 0.0% -15.1% -15.1%

Summary

Technical Analysis

Infomedia (IFM.AX)


Indicator:

TRICKLAR TREND


Last Signal:

BULLISH


Trading: BUY @ $1.975
Signal Strength: STRONG
Recommendation:

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has been constructed to highlight the existence of a trend for an assocaited timeframe. Trend determining indicators can be used in short, medium or long term timeframes & determines if the stock is trending or ranging. Once the trend status is quantified, this can then be coupled to additional indicators to add a significant advantage to the trading strategy.


Infomedia (ASX:IFM) has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Jul 10 2019.



The Tricklar medium term trend indicator (TRICK) highlights the peaks and troughs associated with a combination of bars within the first timeframe. As such, successive rallies penetrating preceding higher peaks whilst cancelling preceding low points offer a BULLISH indication in the second time frame. Conversely, failure of rallies to penetrate previous high points whilst maintaining prices below the previous low points indicates BEARISH trends in the second timeframe. The way in which multiple timeframes should be integrated in a complete analysis emphasises an important principle that applies to all technical analysis. The investor should always analyse a market from the big picture down to the level at which trading decisions are made. Trends can exist in many timeframes. Short term trends can therefore be seen together as part of a medium term trend and, in turn, medium trends can be seen together as part of a long term trend.
Calculation: Tricklar medium trend (TRICK):
1) [BULLISH] An uptrend is a succession of higher peaks and higher troughs;
2) [BEARISH] A downtrend is a succession of lower peaks and lower troughs;


PROFILE: Infomedia (IFM.AX)


Stock Exchange: ASX
Company: Infomedia
Ticker Codes: | IFM.AX | ASX:IFM |

About Infomedia (ASX:IFM):

Infomedia Ltd., a technology company, develops and supplies electronic parts catalogues and service quoting software systems for the automotive industry in the Asia Pacific, Europe, the Middle East, Africa, and the Americas. The company's parts solutions include Microcat LIVE, Microcat MARKET, and Auto PartsBridge that allow users to identify replacement parts manufactured by original equipment companies; and Microcat CRM, which connects the sales channel from original equipment manufacturer (OEM)s to wholesale customer. Its service solutions comprise Superservice Menus, Superservice Triage, Superservice Insight, Superservice Register, and Superservice Connect, which allow users and OEMs to deliver service performance for their customers. The company also provides data management products comprising lubricants recommendation database, lubrication and tune-up guide, and data consulting services. In addition, it engages in the information management, analysis, and creation for the automotive and oil industries. Infomedia Ltd. was founded in 1987 and is headquartered in Sydney, Australia.

Top 10:

Tricklar Trend

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Company Close Change(%) Volume Value Signal
FXL Flexigroup 1.83 10.6 3,158,739 1 BULLISH
PRU Perseus Mining 0.77 8.5 17,484,605 1 BULLISH
RMS Ramelius Resources 0.86 8.2 7,633,542 1 BULLISH
NZK New Zealand King Salmon Investments 1.95 5.4 2,300 1 BULLISH
PGC Paragon Care 0.5 5.3 921,899 1 BULLISH
BPT Beach Petroleum 2 5.3 9,549,948 1 BULLISH
CUV Clinuvel Pharmaceuticals 32.81 5.2 256,141 1 BULLISH
RSG Resolute Mining 1.82 4.6 12,510,848 1 BULLISH
PRT Prime Television 0.23 4.5 173,226 1 BULLISH
SHJ Shine Corporate 0.71 4.4 63,355 1 BULLISH