Lynas Corporation

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

Rate of Change

Score

0.15

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 23 17.1 0.35% 0.50% 124.4% -4.3% 925.3%
SHORT 22 16.0 0.32% 0.41% 8.0% -5.3% -33.5%

Summary

Technical Analysis

Lynas Corporation (LYC.AX)


Indicator:

RATE OF CHANGE


Last Signal:

BEARISH CROSSOVER


Trading: SELL @ $2.6
Signal Strength: MEDIUM
Recommendation:

Lynas Corporation (ASX:LYC) currently has negative rate of change of -1.141%. 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: Lynas Corporation (LYC.AX)


Stock Exchange: ASX
Company: Lynas Corporation
Ticker Codes: | LYC.AX | ASX:LYC |

About Lynas Corporation (ASX:LYC):

Lynas Corporation Limited, together with its subsidiaries, engages in the exploration, development, mining, and processing of rare earth minerals in Australia and Malaysia. The company holds interest in the Mount Weld project in Western Australia. It also owns and operates Lynas advanced materials plant located in Malaysia; and Mt. Weld concentration plant located in Western Australia. The company was incorporated in 1983 and is headquartered in Kuantan, Malaysia.

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