Trading indicator
Cole's Reaction DayBacktest 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% |
Trading Performance
Cole's Reaction Day
Score
0.45
| Position | Trades | Duration | Win Rate | Win/Loss | Avg Win | Avg Loss | Return |
|---|---|---|---|---|---|---|---|
| LONG | 11 | 26.9 | 0.36% | 0.50% | 8.1% | -8.9% | -38.8% |
| SHORT | 12 | 36.8 | 0.75% | 3.00% | 29.9% | -7.0% | 247.8% |
Summary
Technical Analysis
Isentia (ISD.AX)
Indicator:
COLES REACTION DAY
Last Signal:
BEARISH
Trading: SELL @ $0.285
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.
Isentia (ASX:ISD): Coles Reaction (LL)
Roger Cole devised a method to use rally and reaction days. Cole disregarded inside and outside days to find three rally days in a row or three reactions in a row. This is like three soldiers or three crows in candlestick pattern analysis, except Cole allowed for inside or outside days to intervene. Three soldiers and three crows, while rare, are extremely reliable. So Cole gave us some relief from a strict definition, but traded off increased frequency at the expense of reliability. Cole also used moving average crossovers to augment the two-day (rally, reaction, inside, outside day) results.
Calculation: Coles Reaction Day:
1) Rally Day: High > High yesterday & Low > Low yesterday;
2) Reaction Day: High > High yesterday & Low < Low yesterday
PROFILE: Isentia (ISD.AX)
Stock Exchange: ASX
Company: Isentia
Ticker Codes: | ISD.AX | ASX:ISD |
Isentia Group Limited provides media intelligence services to public and private sector clients in Australia, New Zealand, Asia, and internationally. It develops and hosts a range of software-as-a-service platforms, such as its flagship Mediaportal that provide customers access to time critical and relevant information, as well as tools to analyze and report on media intelligence. The company also provides various services, such as social media insights and monitoring, customized quantitative, and qualitative analysis. In addition, it offers content marketing strategies and engaging digital contents that empower brands to enhance profitability by communicating with target audiences. The company serves brands, companies, and governments. Isentia Group Limited was founded in 1982 and is headquartered in Sydney, Australia.
Top 10:
Cole's Reaction Day
| Company | Close | Change(%) | Volume | Value | Signal |
|---|---|---|---|---|---|
| MXI Maxitra Industries | 0.33 | 8.2 | 24,282 | -1 | BEARISH |
| RRL Regis Resources | 6.38 | 4.9 | 5,376,386 | -1 | BEARISH |
| ASB Austal | 4.13 | 4 | 5,275,463 | -1 | BEARISH |
| CIA Champion Iron | 2.98 | 3.1 | 268,252 | -1 | BEARISH |
| AJX Alexium International | 0.17 | 3 | 171,229 | -1 | BEARISH |
| SWM Seven West Media | 0.44 | 2.4 | 3,012,934 | -1 | BEARISH |
| IGO Independence | 5.39 | 2.1 | 2,380,865 | -1 | BEARISH |
| MYX Myx | 0.5 | 2 | 4,211,995 | -1 | BEARISH |
| NWH NRW | 2.32 | 1.8 | 971,430 | -1 | BEARISH |
| YAL Yancoal Australia | 3.36 | 1.8 | 7,998 | -1 | BEARISH |