International Goldfields

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?

Trading Performance

Ease of Movement

Score

-0.95

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 103 4.7 0.51% 0.84% 1.0% -1.1% -15.9%
SHORT 104 4.3 0.59% 0.92% 0.7% -0.8% -12.7%

Summary

Technical Analysis

International Goldfields (IGL.AX)


Indicator:

EASE OF MOVEMENT


Last Signal:

BEARISH


Trading: SELL @ $2.09
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.


International Goldfields (ASX:IGL) current price have moved downwards on low volume. Currently, the EOM is -0.049.



The Ease of Movement (EOM) is a technical momentum indicator that is used to illustrate the relationship between the rate of an assets price change and its volume. This indicator attempts to identify the amount of volume required to move prices. Generally a value greater than zero is an indication that the stock is being accumulated (bought) and negative values are used to signal increased selling pressure. A high positive value appears when prices move upward on low volume. Strong negative numbers indicate that price is moving downward on low volume.

Calculation: Ease of Movement (EOM):
1) Distance Moved = ((H + L)/2 - (Prior H + Prior L)/2);
2) Box Ratio = ((V/100 000 000)/(H - L));
3) 1-Period EMV = ((H + L)/2 - (Prior H + Prior L)/2) / ((V/100 000 000)/(H - L));
4) 14-Period Ease of Movement = 14-Period simple moving average of 1-period EMV


PROFILE: International Goldfields (IGL.AX)


Stock Exchange: ASX
Company: International Goldfields
Ticker Codes: | IGL.AX | ASX:IGL |

About International Goldfields (ASX:IGL):

Cape Lambert Resources Limited engages in the investment, exploration, and evaluation of mineral properties. It primarily explores for iron, copper, gold, uranium, manganese, lithium, and lead-silver-zinc assets in Australia, Europe, Africa, and South America. The company was formerly known as Cape Lambert Iron Ore Limited and changed its name to Cape Lambert Resources Limited in November 2009. Cape Lambert Resources Limited is headquartered in West Leederville, Australia.

Top 10:

Ease of Movement

Download
Company Close Change(%) Volume Value Signal
PNR Pacific Niugini Minerals 0.2 21.2 8,666,174 1.41 BULLISH
RMS Ramelius Resources 0.77 15.9 8,313,251 1,719.83 BULLISH
RSG Resolute Mining 1.19 10.2 15,246,642 0.19 BULLISH
SBM St Barbara Mines 2.94 10.1 10,915,698 2.79 BULLISH
NST Northern Star Resources 11.69 9.3 7,110,929 0.07 BULLISH
APD Apn Property 0.51 8.6 192,400 0.32 BULLISH
CYB Cybg 3.61 7.1 8,929,630 0.38 BULLISH
RND Rand Mining 3 7.1 250 0.33 BULLISH
RRL Regis Resources 4.93 5.8 5,277,394 2.1 BULLISH
ALU Altium 35.13 5.6 741,118 1.1 BULLISH