Lindsay 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

Rate of Change

Score

-3.55

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 35 9.9 0.34% 0.40% 1.5% -3.0% -73.2%
SHORT 35 12.4 0.34% 0.41% 1.5% -3.0% -69.8%

Summary

Technical Analysis

Lindsay Australia (LAU.AX)


Indicator:

RATE OF CHANGE


Last Signal:

BEARISH


Trading: SELL @ $0.33
Signal Strength: MEDIUM
Recommendation:

Lindsay Australia (ASX:LAU) currently has negative rate of change of -4.348%. This means the current price is less than the price 14 days ago and therefore losing 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


Rate of Change (ROC) is a refinement of Momentum - readings fluctuate as percentages around the zero line. The indicator is designed for use in ranging markets - to detect trend weakness and likely reversal points. However when combined with a trend indicator it can be used in trending markets.

Calculation: Rate of Change (ROC):
1) (Closing Price [today] - Closing Price [n days ago]) / Closing Price [n days ago] * 100


PROFILE: Lindsay Australia (LAU.AX)


Stock Exchange: ASX
Company: Lindsay Australia
Ticker Codes: | LAU.AX | ASX:LAU |

About Lindsay Australia (ASX:LAU):

Lindsay Australia Limited provides transport, logistics, and rural supply services to the food processing, food services, fresh produce, rural, and horticultural sectors in Australia. It operates through Transport and Rural segments. The Transport segment is involved in the cartage of general and refrigerated products, and ancillary sales. The Rural segment sells and distributes a range of agricultural supply products. Lindsay Australia Limited is headquartered in Acacia Ridge, Australia.

Top 10:

Rate of Change

Download
Company Close Change(%) Volume Value Signal
RMS Ramelius Resources 0.77 15.9 8,313,251 -13.07 BEARISH
MOY Millennium Minerals 0.07 15.8 5,801,793 -40 BEARISH
DCN Dacian Gold 0.59 8.3 6,477,380 -61.81 BEARISH
GTN GTN Resources 1.06 8.2 143,270 -12.03 BEARISH
URF Us Masters Residential Property Fund 0.83 5.7 189,975 -17.82 BEARISH
KGN Kogan 5.21 5.5 899,578 -9.08 BEARISH
MOC Mortgage Choice 1.13 5.1 144,151 -3.85 BEARISH
ONE Oneview Healthcare 0.21 5.1 191,184 -8.89 BEARISH
SDA Speedcast International 3.63 4.9 1,766,294 -3.97 BEARISH
CDV Cardinal Resources 0.33 4.8 434,144 -10.81 BEARISH