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?



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 46 8.6 0.22% 0.26% 11.9% -8.2% -200.9%
SHORT 47 8.9 0.34% 0.46% 8.4% -5.6% -61.5%


Technical Analysis

Impedimed (IPD.AX)



Last Signal:


Trading: SELL @ $0.135
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.

Impedimed (ASX:IPD)sellers in control. There has been 2 consecutive days of prices closing in the lower part of the trading range for Impedimed adding strength to an downtrend in the first timeframe & highlights the lack of commitment of buyers to carry positions overnight Over the last 12 months there has been 2 trading days with the closing price in the lower part of the range giving a confirmation ratio of 1.3%. Over the last month there has been 2 trading days with the closing price in the lower range giving a confirmation ratio of 15.4%. Currently this quarter, closing price has spent 2 days in the lower price range compared to 2 days in the upper range giving a ratio of 1x.

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: 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:

Close vs Range

Company Close Change(%) Volume Value Signal
RFG Retail Food 0.18 2.9 198,300 -1 BEARISH
GDF Garda Diversified Property Fund 1.49 2.8 93,125 -1 BEARISH
BGA Bega Cheese 3.89 2.1 765,172 -1 BEARISH
EDE Eden Energy 0.05 2 3,707,299 -1 BEARISH
PPS Praemium 0.51 2 1,858,436 -1 BEARISH
NUF Nufarm 4.42 1.4 997,525 -1 BEARISH
EVT Event Hospitality And Entertainment 12.18 1.1 6,834 -1 BEARISH
ADA Adacel Technologies 0.46 1.1 57,809 -1 BEARISH
CTX Caltex 25.83 0.9 906,034 -1 BEARISH
RKN Reckon 0.65 0.8 14,678 -1 BEARISH