Lycopodium

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

Close Change

Score

-1.25

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 119 3.9 0.28% 0.37% 2.5% -1.2% -24.7%
SHORT 120 4.2 0.34% 0.48% 2.1% -1.5% -38.4%

Summary

Technical Analysis

Lycopodium (LYL.AX)


Indicator:

PRICE CHANGE


Last Signal:

NEUTRAL


Trading: NO POSITION @ $6.09
Signal Strength: WEAK
Recommendation:

Indicator MUST BE USED in additional to another technical indicator to confirmation for trading entry. Indicator can be applied to the short term timeframe but is only able to give and indication of the strength of the buyers versus sellers at the market close. This bar analysis can provide guidance on the daily battle between sellers and buyers from the companies recent trading.


Lycopodium (ASX:LYL) Neither buyers are keener than sellers translating to the price remaining flat for Lycopodium. This is the first day of neutral price movement for LYL adding strength to indecision in the first timeframe. The longest consecutive number of unchanged days over the last 12 months has been 2 days, of which a total of 1 have occurred this month. The ratio of neutral days against total trading days equals 0x



The only price most market participants look at is the closing price in relation to the previous day’s close. As such the position of the close has the ability to highlight recent performance and indirectly the keenness of traders.

[Calculations] Close Today Versus Close Yesterday (CTCY):
1) [Close] > [Close Yesterday] = Buyers keener than sellers;
2) [Close] < [Close Yesterday] = Sellers keener than buyers;
3) [Close] = [Close Yesterday] = Neither are keener


PROFILE: Lycopodium (LYL.AX)


Stock Exchange: ASX
Company: Lycopodium
Ticker Codes: | LYL.AX | ASX:LYL |

About Lycopodium (ASX:LYL):

Lycopodium Limited provides engineering consultancy services in the mining, metallurgical, rail, and manufacturing industries in Australia and internationally. The company offers feasibility studies, value engineering, project development, and implementation services to exploration companies and multinational producers of precious metals, base metals, iron ores, and other commodities. It also provides design, engineering, and project management solutions for process industries, including manufacturing and renewable energy facilities. In addition, the company offers project management, construction management, and commissioning services to the extractive mining industry; and engineering and related services for infrastructure projects, including architectural design, power supply and distribution, water supply and distribution, accommodation, buildings, roads, and other general civil and infrastructure components. Further, it offers asset management services, including reliability and engineering maintenance services to clients in the petrochemical, oil and gas, mining minerals, marine, and manufacturing sectors; project development phase studies, engineering and design, procurement, and construction phase services for rail infrastructure projects; and metallurgical consulting services to the mineral processing community primarily in the field of comminution, hydrometallurgy, and mineral processing design industries. Lycopodium Limited was founded in 1992 and is based in East Perth, Australia.

Top 10:

Close Change

Download
Company Close Change(%) Volume Value Signal
TZN Terramin Australia 0.03 3 48,000 0 NEUTRAL
FPH Fisher & Paykel Healthcare 24.61 2.8 569,684 0 NEUTRAL
EDE Eden Energy 0.04 2.7 442,521 0 NEUTRAL
GMA Genworth Mortgage Insurance Australia 3.6 2 1,326,860 0 NEUTRAL
IAG Insurance Australia 6.79 1.8 5,893,018 0 NEUTRAL
AJX Alexium International 0.06 1.8 614,246 0 NEUTRAL
MDC Mcconnell Dowell Corporation 0.31 1.7 29,827 0 NEUTRAL
JBH Jb Hi-Fi 40.23 1.5 526,991 0 NEUTRAL
REG Rg Capital Radio 2.37 1.3 77,596 0 NEUTRAL
DTL Data#3 4.71 1.3 546,109 0 NEUTRAL