Milnes Holdings

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

-0.35

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 92 5.2 0.55% 0.72% 2.3% -2.6% -71.1%
SHORT 90 4.9 0.76% 1.36% 2.4% -2.5% 37.4%

Summary

Technical Analysis

Milnes Holdings (MNS.AX)


Indicator:

EASE OF MOVEMENT


Last Signal:

BEARISH


Trading: SELL @ $0.19
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.


Milnes Holdings (ASX:MNS) current price have moved downwards on low volume. Currently, the EOM is -0.071.



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: Milnes Holdings (MNS.AX)


Stock Exchange: ASX
Company: Milnes Holdings
Ticker Codes: | MNS.AX | ASX:MNS |

About Milnes Holdings (ASX:MNS):

Magnis Resources Limited explores for and develops mineral properties in Australia and East Africa. The company explores for natural flake graphite for use in various industries primarily batteries for storing electrical energy. Its flagship project includes the Nachu graphite project located in south east Tanzania. The company was formerly known as Uranex Limited and changed its name to Magnis Resources Limited in September 2014. Magnis Resources Limited was incorporated in 2005 and is headquartered in Sydney, Australia.

Top 10:

Ease of Movement

Download
Company Close Change(%) Volume Value Signal
EWC Energy World Corporation 0.07 15 2,437,137 0.13 BULLISH
AJX Alexium International 0.13 8.7 796,462 0 BULLISH
SMN Structural Monitoring Systems 0.76 7.8 422,370 0.68 BULLISH
EDE Eden Energy 0.03 7.1 1,425,845 0.07 BULLISH
DWS DWS 1.13 6.6 119,422 0.1 BULLISH
VGL Volante 5.8 6.4 1,417 0.01 BULLISH
CAT Catuity 1.27 6.3 779,850 0.38 BULLISH
IMD Imdex 1.1 5.8 2,149,957 1.32 BULLISH
GOR Gold Road Resources 1.05 5.6 2,804,920 0.74 BULLISH
NST Northern Star Resources 10.54 5.6 3,773,663 1.8 BULLISH