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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Code Company Date Close Change Indicator Value Signal

Trading Performance

Close vs Range



Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 43 11.7 0.47% 0.80% 2.9% -3.6% -30.3%
SHORT 42 7.0 0.17% 0.19% 1.9% -3.6% -121.3%


Technical Analysis

Infomedia (IFM.AX)



Last Signal:


Trading: BUY @ $2.04
Signal Strength: WEAK

Indicator MUST BE USED in additional to another technical indicator to confirmation for trading entry. Indicator can be applied to the short term timeframe but is only able to give and indication of the strength of the buyers versus sellers at the market close. This bar analysis can provide guidance on the daily battle between sellers and buyers from the companies recent trading.

Infomedia (ASX:IFM) buyers are in control at the market close. This is the first day of buyer commitment for Infomedia adding strength to an uptrend in the first timeframe & highlights the commitment of buyers to carry positions overnight. Over the last 12 months there has been 5 trading days with the closing price in the upper part of the range giving a confirmation ratio of 3.3%. Over the last month there has been 5 trading days with the closing price in the upper range giving a confirmation ratio of 35.7%. Currently this quarter, closing price has spent 5 days in the upper price range compared to 1 days in the lower range giving a ratio of 5x.

Where the closing price fall within the day’s trading range highlights whether are in control.

[Calculations] Close Today Versus Range Today (CTRT):
1) When the closing price is near the high of the day buyers were in control at the close of the trading session;
2) When the closing price is near the low of the day sellers were in control at the close of the trading session;
3) When the closing price is near the middle of the day’s range where neither the buyers or sellers were in control at the close of the trading session;

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.

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Close vs Range

Company Close Change(%) Volume Value Signal
ADA Adacel Technologies 0.52 12 134,146 1 BULLISH CROSSOVER
GGG Greenland Minerals 0.14 12 3,121,685 1 BULLISH CROSSOVER
BSL Bluescope Steel 12.04 7.7 7,695,033 1 BULLISH CROSSOVER
AYS Amaysim Australia 0.67 7.2 243,626 1 BULLISH CROSSOVER
AEF Australian Ethical Investments 2.24 5.7 75,806 1 BULLISH CROSSOVER
FNP Freedom Nutritional Products 4.28 5.7 259,461 1 BULLISH CROSSOVER
MNY Money3 2.22 5.7 1,278,092 1 BULLISH CROSSOVER
MYX Myx 0.48 5.5 4,458,993 1 BULLISH CROSSOVER
PNV Polynovo 1.57 5.4 1,287,104 1 BULLISH CROSSOVER
FLN Freelancer 0.78 5.4 80,919 1 BULLISH CROSSOVER