Mcmillan Shakespeare

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

Ease of Movement

Score

0.85

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 111 4.0 0.56% 1.22% 1.7% -1.6% 23.2%
SHORT 112 4.5 0.46% 0.84% 2.4% -1.6% 25.4%

Summary

Technical Analysis

Mcmillan Shakespeare (MMS.AX)


Indicator:

EASE OF MOVEMENT


Last Signal:

NEUTRAL


Trading: HOLD @ $12.65
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.


Mcmillan Shakespeare (ASX:MMS)


The Ease of Movement (EOM) is a technical momentum indicator that is used to illustrate the relationship between the rate of an assets price change and its volume. This indicator attempts to identify the amount of volume required to move prices. Generally a value greater than zero is an indication that the stock is being accumulated (bought) and negative values are used to signal increased selling pressure. A high positive value appears when prices move upward on low volume. Strong negative numbers indicate that price is moving downward on low volume.

Calculation: Ease of Movement (EOM):
1) Distance Moved = ((H + L)/2 - (Prior H + Prior L)/2);
2) Box Ratio = ((V/100 000 000)/(H - L));
3) 1-Period EMV = ((H + L)/2 - (Prior H + Prior L)/2) / ((V/100 000 000)/(H - L));
4) 14-Period Ease of Movement = 14-Period simple moving average of 1-period EMV


PROFILE: Mcmillan Shakespeare (MMS.AX)


Stock Exchange: ASX
Company: Mcmillan Shakespeare
Ticker Codes: | MMS.AX | ASX:MMS |

About Mcmillan Shakespeare (ASX:MMS):

McMillan Shakespeare Limited provides salary packaging, vehicle leasing administration, fleet management, and retail financial services in Australia, the United Kingdom, and New Zealand. It operates through three segments: Group Remuneration Services, Asset Management, and Retail Financial services. The Group Remuneration Services segment offers administrative services related to salary packaging; and facilitates the settlement of motor vehicle novated leases for customers. It also provides ancillary services associated with motor vehicle novated lease products. The Asset Management segment offers financing and ancillary management services associated with motor vehicles, commercial vehicles, and equipment. The Retail Financial services segment engages in the provision of retail brokerage services, aggregation of finance originations, and extended warranty cover. The company is also involved in the software development business. It serves federal and state governments, health groups, not-for-profit organizations, and private corporations. The company was founded in 1988 and is headquartered in Melbourne, Australia.

Top 10:

Ease of Movement

Download
Company Close Change(%) Volume Value Signal
PNR Pacific Niugini Minerals 0.2 21.2 8,666,174 1.41 BULLISH
RMS Ramelius Resources 0.77 15.9 8,313,251 1,719.83 BULLISH
RSG Resolute Mining 1.19 10.2 15,246,642 0.19 BULLISH
SBM St Barbara Mines 2.94 10.1 10,915,698 2.79 BULLISH
NST Northern Star Resources 11.69 9.3 7,110,929 0.07 BULLISH
APD Apn Property 0.51 8.6 192,400 0.32 BULLISH
CYB Cybg 3.61 7.1 8,929,630 0.38 BULLISH
RND Rand Mining 3 7.1 250 0.33 BULLISH
RRL Regis Resources 4.93 5.8 5,277,394 2.1 BULLISH
ALU Altium 35.13 5.6 741,118 1.1 BULLISH