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

1st timeframe trend

Score

0.55

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 49 8.0 0.43% 0.72% 3.8% -2.2% 14.8%
SHORT 49 8.8 0.39% 0.59% 3.7% -1.7% 16.9%

Summary

Technical Analysis

Invocare (IVC.AX)


Indicator:

1ST TIMEFRAME TREND


Last Signal:

BEARISH


Trading: SELL @ $13.29
Signal Strength: WEAK
Recommendation:

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has been constructed to highlight the existence of a trend for an assocaited timeframe. Trend determining indicators can be used in short, medium or long term timeframes & determines if the stock is trending or ranging. Once the trend status is quantified, this can then be coupled to additional indicators to add a significant advantage to the trading strategy.


Invocare (ASX:IVC) is in a downtrend in the short term timeframe. The sellers have dominated the daily trade, however further confirmation is required before taking a position



The Tricklar short term trend indicator (T1) highlights the high points and low points associated with the individual bars. As such, successive rallies penetrating preceding high points whilst cancelling preceding lower troughs offer a BULLISH indication in the second time frame. Conversely, failure of rallies to penetrate previous Lower peaks whilst maintaining prices below the previous lower troughs indicates BEARISH trends in the second timeframe.

Calculation: Tricklar short trend (T1):
1) [BULLISH] An uptrend is a succession of higher highs and higher lows;
2) [BEARISH] A downtrend is a succession of lower highs and lower lows;


PROFILE: Invocare (IVC.AX)


Stock Exchange: ASX
Company: Invocare
Ticker Codes: | IVC.AX | ASX:IVC |

About Invocare (ASX:IVC):

InvoCare Limited provides funeral, cemetery, crematoria, and related services in Australia, New Zealand, and Singapore. The company operates 250 funeral homes, and 16 cemeteries and crematoria under various brands. It also offers HeavenAddress, an online memorial community; LifeArt coffins; and Guardian Plan, a prepaid funeral plan, which enables prepay selected funeral services. In addition, the company operates MyGriefAssist, an online grief resource Website; MyMemorial, a Website that provides range of cremation and burial memorial options; Funeral Planner, a digital funeral planning service; and FuneralAdvice that provides information on funerals and related topics. InvoCare Limited is headquartered in North Sydney, Australia.

Top 10:

1st timeframe trend

Download
Company Close Change(%) Volume Value Signal
MVP Medical Developments 10.28 8.8 674,204 0 NEUTRAL
DOW Downer EDI 7.6 6 10,946,339 0 NEUTRAL
FBR Fastbrick Robotics 0.06 5.8 881,024 0 NEUTRAL
RUL Runge 1.13 5.1 551,129 0 NEUTRAL
MNS Milnes Holdings 0.11 4.8 239,846 0 NEUTRAL
HFR Highfield Resources 0.8 4.6 86,664 0 NEUTRAL
HUO Huon Aquaculture 4.7 4.4 14,880 0 NEUTRAL
VRL Village Roadshow 4.02 4.4 636,398 0 NEUTRAL
PGH Pact 2.92 4.3 871,387 0 NEUTRAL
PNI Pinnacle Investment Management 4.81 4.3 558,446 0 NEUTRAL