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

Elder's Force Index

Score

0.55

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 19 20.6 0.63% 1.33% 86.7% -6.3% 983.2%
SHORT 20 18.5 0.45% 0.82% 8.2% -6.5% 3.0%

Summary

Technical Analysis

Lynas Corporation (LYC.AX)


Indicator:

ELDERS FORCE INDEX


Last Signal:

NEUTRAL


Trading: HOLD @ $2.6
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.


Lynas Corporation (ASX:LYC)


Elders Force Index (EFI) measures the power behind a price movement using price and volume. The indicator can also be used to identify potential reversals and price corrections. The EFI is an oscillator that fluctuates between positive and negative values above and below a Zero Line.

Calculation: Elders Force Index (EFI):
1) Close – Close yesterday x Volume;


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.

Top 10:

Elder's Force Index

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