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

Ease of Movement

Score

0.1

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 108 4.5 0.52% 0.93% 2.7% -2.1% 26.9%
SHORT 109 4.2 0.55% 1.00% 2.0% -2.3% -15.9%

Summary

Technical Analysis

Imdex (IMD.AX)


Indicator:

EASE OF MOVEMENT


Last Signal:

BULLISH


Trading: BUY @ $1.45
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.


Imdex (ASX:IMD) current price have moved upwards on low volume. Currently, the EOM is 0.184.



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: Imdex (IMD.AX)


Stock Exchange: ASX
Company: Imdex
Ticker Codes: | IMD.AX | ASX:IMD |

About Imdex (ASX:IMD):

Imdex Limited engages in the minerals business worldwide. The company engages in the manufacture, sale, and rental of down hole instrumentation, drilling fluids and chemicals, solids removal technologies, and related equipment, as well as the provision of cloud-based data management solutions to the mining and mineral exploration industry. It also provides data solutions and geo-analytics services under the AMC and REFLEX brands to exploration, development, and production companies in the minerals sectors. The company was formerly known as Pilbara Gold NL and changed its name to Imdex Limited in July 1985. Imdex Limited was incorporated in 1980 and is headquartered in Balcatta, Australia.

Top 10:

Ease of Movement

Download
Company Close Change(%) Volume Value Signal
EVO Evolve Education 0.17 22.2 9,775,710 -0.12 BEARISH
PPS Praemium 0.62 8.8 4,008,172 -0.01 BEARISH
GTN GTN Resources 0.78 6.8 57,066 -0.49 BEARISH
BWX BWX 4.04 6.3 307,389 -0.45 BEARISH
BLX Beacon Lighting 1.22 6.1 35,184 -0.08 BEARISH
CAT Catuity 1.34 5.9 99,920 -0.1 BEARISH
DNA Donaco International 0.09 4.9 3,563,477 0 BEARISH
AUB Austbrokers Holdings 11.94 4.7 403,318 -631.27 BEARISH
SAR Saracen Mineral 3.53 4.7 14,040,159 0 BEARISH
MSB Mesoblast 1.73 4.5 1,060,318 -0.18 BEARISH