Trading indicator
Volume Rate of ChangeBacktest 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% |
Trading Performance
Volume Rate of Change
Score
-0.4
| Position | Trades | Duration | Win Rate | Win/Loss | Avg Win | Avg Loss | Return |
|---|---|---|---|---|---|---|---|
| LONG | 52 | 7.4 | 0.60% | 1.11% | 0.9% | -1.2% | -3.3% |
| SHORT | 52 | 7.7 | 0.48% | 0.89% | 1.4% | -1.4% | -4.1% |
Summary
Technical Analysis
Mystate (MYS.AX)
Indicator:
VOLUME RATE OF CHANGE
Last Signal:
BULLISH CROSSOVER
Trading: BUY @ $4.75
Signal Strength: MEDIUM
Recommendation:
Mystate (ASX:MYS) currently has positive volume of change of 33%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum.
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
Volume Rate of Change Volume (VROC) is an oscillator applied to volume rather than price and is calculated in the same manner as the Rate of Change (Price) indicator. VROC highlights increases in volume which normally occur at most significant market tops bottoms and breakouts.
Calculation: Volume Rate of Change (VROC):
1) ( Volume [today] - Volume [n days ago] ) / Volume [n days ago];
Top 10:
Volume Rate of Change
| Company | Close | Change(%) | Volume | Value | Signal |
|---|---|---|---|---|---|
| BOC Bougainville Copper | 0.13 | 8.3 | 79,000 | -26 | BEARISH |
| OPT Opthea | 0.86 | 4.9 | 195,210 | -24 | BEARISH |
| ASG Autosports | 1.3 | 4.4 | 4,000 | -19 | BEARISH |
| SYR Syrah Resources | 1.04 | 4 | 5,648,404 | -100 | BEARISH |
| KSC K&S Corporation | 1.9 | 3.8 | 10,200 | -82 | BEARISH |
| BWX BWX | 2.36 | 3.5 | 620,582 | -52 | BEARISH |
| ASX Australian Stock Exchange | 85.85 | 3.2 | 484,008 | -3 | BEARISH |
| TGR Tassal | 5.07 | 3 | 648,170 | -57 | BEARISH |
| TNE Technology One | 7.89 | 2.7 | 952,947 | -82 | BEARISH |
| CHC Charter Hall | 11.81 | 2.7 | 2,027,819 | -67 | BEARISH |