Impedimed

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?

Company

Indicator

Code Company Date Close Change Indicator Value Signal

Trading Performance

On Balance Volume

Score

0.65

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 18 20.8 0.33% 0.46% 11.2% -6.2% -13.5%
SHORT 17 22.4 0.71% 1.71% 21.2% -10.9% 177.7%

Summary

Technical Analysis

Impedimed (IPD.AX)


Indicator:

ON BALANCE VOLUME


Last Signal:

BULLISH


Trading: HOLD @ $0.135
Signal Strength: MEDIUM
Recommendation:

Impedimed (ASX:IPD) current price has highlighted recent accumulation. Currently, the OBV is 688461.


Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. Indicator can be applied to the short/medium term timeframe, but the best results are obtained with larger cyclical swings in-line with the trend direction. This accumulation / distribution oscillator can provide guidance on the money flow direction from the companies recent trading.


On Balance Volume (OBV) attempts to measure the level of accumulation or distribution by comparing volume to price movements. Volume is added to the indicator if closing price moves up and subtracted if closing price moves down. No adjustment is made if closing price is unchanged.

Calculation: On Balance Volume:
1) If the closing price is above the prior close price then: Current OBV = Previous OBV + Current Volume;
2) If the closing price is below the prior close price then: Current OBV = Previous OBV - Current Volume;
3) If the closing prices equals the prior close price then: Current OBV = Previous OBV (no change)


PROFILE: Impedimed (IPD.AX)


Stock Exchange: ASX
Company: Impedimed
Ticker Codes: | IPD.AX | ASX:IPD |

About Impedimed (ASX:IPD):

ImpediMed Limited, together with its subsidiaries, engages in the development, manufacture, and sale of bioimpedance devices and consumables in Australia, North America, Europe, and internationally. The company operates through Medical and Test & Measurement segments. It offers L-Dex U400, a technology that utilizes the characteristics of frequency dependent current flow to quantify changes in extracellular fluid in the patient's limb; and SFB7, a tetra polar bioimpedance spectroscopy device that scans various frequencies for the estimation of body composition in healthy individuals. The company also provides DF50, a single frequency body composition analysis in healthy individuals; and ImpediVET, a bioimpedance spectroscopy technology for use in veterinary applications. Its products are used in a range of applications, such as in the assessment and monitoring of secondary lymphedema, as well as monitoring of body composition and hydration. In addition, the company is involved in the supply of power precision testing and measuring equipment. ImpediMed Limited was founded in 1999 and is headquartered in Pinkenba, Australia.

Top 10:

On Balance Volume

Download
Company Close Change(%) Volume Value Signal
GSW Getswift 0.28 12 1,005,626 116,063 BULLISH
IRD Iron Road 0.06 6.9 10,000 7,658.4 BULLISH
KGN Kogan 5.24 6.5 445,750 243,628 BULLISH
ISX Isignthis 1.02 5.7 1,816,615 2,196,354.4 BULLISH
CAT Catuity 1.23 5.6 271,567 87,620.9 BULLISH
ANG Austin Engineering 0.2 5.3 222,394 38,334.4 BULLISH
PNI Pinnacle Investment Management 4.38 5.3 399,456 161,619.7 BULLISH
ALU Altium 33.67 5 687,567 188,039 BULLISH
BBN Baby Bunting 2.83 4.8 1,060,311 488,345 BULLISH
DMP Domino 41.88 4.3 391,915 237,523.5 BULLISH