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

% Volume Oscillator

Score

1.05

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 23 14.1 0.74% 1.55% 4.9% -3.9% 39.7%
SHORT 23 18.0 0.74% 1.55% 5.5% -4.7% 40.8%

Summary

Technical Analysis

Macmahon (MAH.AX)


Indicator:

% VOLUME OSCILLATOR


Last Signal:

BULLISH


Trading: HOLD @ $0.24
Signal Strength: MEDIUM
Recommendation:

Macmahon (ASX:MAH) currently has positive PVO 27.67%. The recent volume is gaining momentum through a rise on the short term exponential moving average. Currently, the return on PVO is 4.3%.

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


The Percentage Volume Oscillator (PVO) is a momentum oscillator for volume. PVO measures the difference between two volume-based moving averages as a percentage of the larger moving average. As with MACD and the Percentage Price Oscillator (PPO) it is shown with a signal line a histogram and a centreline.

Calculation: Percentage Volume Oscillator (PVO):
1) Percentage Volume Oscillator (PVO): ((12-day EMA of Volume - 26-day EMA of Volume)/26-day EMA of Volume) x 100;
2) Signal Line: 9-day EMA of PVO; 3) Histogram: PVO - Signal Line;


PROFILE: Macmahon (MAH.AX)


Stock Exchange: ASX
Company: Macmahon
Ticker Codes: | MAH.AX | ASX:MAH |

About Macmahon (ASX:MAH):

Macmahon Holdings Limited provides contract mining services to clients in Australia, New Zealand, South East Asia, Mongolia, and Africa. The company operates in three segments: Surface Mining, Underground Mining, and International Mining. It offers surface mining services, including mine planning and management, drill and blast, bulk and selective mining, crushing and screening, train loading, mining equipment usage, and mine management. The company also provides underground mining services, such as underground development and production, portal establishment, raise drilling, cable bolting, shotcreting, remote shaft lining, production drilling, and shaft sinking services. In addition, it offers engineering electrical, fabrication, infrastructure construction, and mechanical services; underground pumping and infrastructure construction services; and emergency egress systems, and conveying, crushing and materials handling systems. Further, the company provides complete on-site maintenance and plant management support services. Macmahon Holdings Limited was founded in 1963 and is headquartered in Perth, Australia.

Top 10:

% Volume Oscillator

Download
Company Close Change(%) Volume Value Signal
AFL ASX 50 0.16 14.3 10,852 -9.61 BEARISH
BOC Bougainville Copper 0.31 10.9 36,500 -23.05 BEARISH
RSG Resolute Mining 1.26 9.6 15,631,233 -15.01 BEARISH
GNG GR Engineering Services 0.84 7 41,788 -41.38 BEARISH
AFP Aft Pharmaceuticals 3.1 6.5 166 -36.54 BEARISH
SYR Syrah Resources 0.44 6.1 3,658,861 -0.65 BEARISH
NZM Nzme 0.38 5.6 39,889 -10.84 BEARISH
MLX Metals X 0.11 4.8 2,503,806 -4.3 BEARISH
IMD Imdex 1.65 4.8 494,919 -21.89 BEARISH
TGA Thorn 0.23 4.5 122,126 -19.08 BEARISH