Nanosonics

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

0.8

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 104 4.4 0.58% 1.13% 2.8% -2.2% 54.2%
SHORT 105 4.5 0.50% 0.91% 3.0% -2.6% 6.4%

Summary

Technical Analysis

Nanosonics (NAN.AX)


Indicator:

EASE OF MOVEMENT


Last Signal:

BEARISH


Trading: SELL @ $4.81
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.


Nanosonics (ASX:NAN) current price have moved downwards on low volume. Currently, the EOM is -1.479.



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: Nanosonics (NAN.AX)


Stock Exchange: ASX
Company: Nanosonics
Ticker Codes: | NAN.AX | ASX:NAN |

About Nanosonics (ASX:NAN):

Nanosonics Limited, together with its subsidiaries, engages in the research, development, and commercialization of infection control and decontamination products and related technologies. The company manufactures and distributes the trophon EPR ultrasound probe disinfector and its associated consumables and accessories for use in the treatment of healthcare acquired infections. It also offers trophon consumables, such as Sonex/Nanonebulant, a proprietary disinfectant liquid with hydrogen peroxide chemistry; chemical indicators; and trophon printer rolls. The company also provides trophon accessories, including trophon connect, trophon Printer, trophon Logbook, trophon wall mount and trophon Cart, trophon printer wall mount, trophon printer cart mount, trophon curved probe positioner, and trophon clean ultrasound probe covers. It operates in North America, Europe, and the Asia Pacific. Nanosonics Limited was incorporated in 2000 and is headquartered in Lane Cove, Australia.

Top 10:

Ease of Movement

Download
Company Close Change(%) Volume Value Signal
NHF NIB 6.82 15.8 4,054,736 -0.01 BEARISH
MPL Medibank Private 3.21 11.5 23,800,298 -0.22 BEARISH
GNG GR Engineering Services 0.95 9.8 41,600 -0.03 BEARISH
WBC Westpac Banking Corporation 27.75 9.2 24,404,464 0 BEARISH
ALK Alkane Exploration 0.24 9.1 1,447,163 -2,716.1 BEARISH
OVH Onevue Holdings 0.49 8.9 426,122 -67.09 BEARISH
NAB National Australia Bank 25.81 7.9 23,451,421 -0.08 BEARISH
ANZ Australia & Banking 27.86 7.8 14,554,708 -24.4 BEARISH
AYS Amaysim Australia 0.76 7 283,622 -0.01 BEARISH
MEZ Meridian Energy 4.2 6.3 25,687 -0.12 BEARISH