Trading indicator
Volume Rate of ChangeBacktest 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
Volume Rate of Change
Score
0.9
| Position | Trades | Duration | Win Rate | Win/Loss | Avg Win | Avg Loss | Return |
|---|---|---|---|---|---|---|---|
| LONG | 97 | 4.8 | 0.52% | 0.91% | 2.1% | -1.8% | 6.2% |
| SHORT | 97 | 4.7 | 0.65% | 1.43% | 2.2% | -2.0% | 49.9% |
Summary
Technical Analysis
Karoon Gas Australia (KAR.AX)
Indicator:
VOLUME RATE OF CHANGE
Last Signal:
BULLISH
Trading: HOLD @ $0.88
Signal Strength: MEDIUM
Recommendation:
Karoon Gas Australia (ASX:KAR) currently has positive volume of change of 845%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum.
Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has the ability to detect the speed of movement & give an early signal for a potential movement. By understanding the rate at which the price is moving in respect to the stocks historical trades, enables positions to be set in place based on changes in the speed of movement
Volume Rate of Change Volume (VROC) is an oscillator applied to volume rather than price and is calculated in the same manner as the Rate of Change (Price) indicator. VROC highlights increases in volume which normally occur at most significant market tops bottoms and breakouts.
Calculation: Volume Rate of Change (VROC):
1) ( Volume [today] - Volume [n days ago] ) / Volume [n days ago];
PROFILE: Karoon Gas Australia (KAR.AX)
Stock Exchange: ASX
Company: Karoon Gas Australia
Ticker Codes: | KAR.AX | ASX:KAR |
Karoon Gas Australia Ltd operates as an oil and gas exploration company in Australia, Brazil, and Peru. It has a working interest in two off-shore permits in the Browse and Carnarvon basins located to the north Western Australian coastline covering a combined area of 15,492 square kilometers. The company also holds working interest in five offshore blocks in the Santos Basin located in the State of Santa Catarina covering an area of 549 square kilometers. In addition, the company has a working interest in an off-shore block in the Tumbes Basin located approximately to the north-west coast of Peru covering an area of 4,750 square kilometers. The company was incorporated in 2003 and is headquartered in Mount Martha, Australia.
Top 10:
Volume Rate of Change
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|---|---|---|---|---|---|
| EWC Energy World Corporation | 0.08 | 10.8 | 945,847 | 41 | BULLISH |
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