Karoon Gas Australia

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?

Trading Performance

Ease of Movement

Score

0.9

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 111 4.3 0.53% 0.91% 2.4% -2.0% 12.4%
SHORT 110 4.3 0.70% 1.60% 1.9% -2.0% 52.4%

Summary

Technical Analysis

Karoon Gas Australia (KAR.AX)


Indicator:

EASE OF MOVEMENT


Last Signal:

BULLISH


Trading: BUY @ $0.88
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.


Karoon Gas Australia (ASX:KAR) current price have moved upwards on low volume. Currently, the EOM is 0.009.



The Ease of Movement (EOM) is a technical momentum indicator that is used to illustrate the relationship between the rate of an assets price change and its volume. This indicator attempts to identify the amount of volume required to move prices. Generally a value greater than zero is an indication that the stock is being accumulated (bought) and negative values are used to signal increased selling pressure. A high positive value appears when prices move upward on low volume. Strong negative numbers indicate that price is moving downward on low volume.

Calculation: Ease of Movement (EOM):
1) Distance Moved = ((H + L)/2 - (Prior H + Prior L)/2);
2) Box Ratio = ((V/100 000 000)/(H - L));
3) 1-Period EMV = ((H + L)/2 - (Prior H + Prior L)/2) / ((V/100 000 000)/(H - L));
4) 14-Period Ease of Movement = 14-Period simple moving average of 1-period EMV


PROFILE: Karoon Gas Australia (KAR.AX)


Stock Exchange: ASX
Company: Karoon Gas Australia
Ticker Codes: | KAR.AX | ASX:KAR |

About Karoon Gas Australia (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:

Ease of Movement

Download
Company Close Change(%) Volume Value Signal
IPD Impedimed 0.12 9.5 2,638,079 -0.1 BEARISH
GGG Greenland Minerals 0.14 8 2,362,420 -7.29 BEARISH
MNF My Net Fone 3.73 7.2 55,752 -0.01 BEARISH
BSL Bluescope Steel 11.73 6.5 4,817,859 0 BEARISH
NAN Nanosonics 5.6 5.7 3,678,008 -0.41 BEARISH
SFR Sandfire Resources 6.67 5.5 1,218,623 -0.18 BEARISH
MVF Monash IVF 1.46 5.4 1,302,784 -0.01 BEARISH
CGL The Citadel 4.6 5 510,148 -2.04 BEARISH
PTM Platinum Asset Management 4.81 4.8 2,130,936 -1.26 BEARISH
BTI Bailador Technology Investments 0.98 4.8 48,460 -0.01 BEARISH