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

Rate of Change

Score

-0.25

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 19 23.2 0.42% 0.73% 24.4% -4.0% 151.5%
SHORT 19 17.1 0.16% 0.19% 6.4% -6.9% -91.9%

Summary

Technical Analysis

Nearmap (NEA.AX)


Indicator:

RATE OF CHANGE


Last Signal:

BEARISH


Trading: SELL @ $2.62
Signal Strength: MEDIUM
Recommendation:

Nearmap (ASX:NEA) currently has negative rate of change of -1.873%. This means the current price is less than the price 14 days ago and therefore losing 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


Rate of Change (ROC) is a refinement of Momentum - readings fluctuate as percentages around the zero line. The indicator is designed for use in ranging markets - to detect trend weakness and likely reversal points. However when combined with a trend indicator it can be used in trending markets.

Calculation: Rate of Change (ROC):
1) (Closing Price [today] - Closing Price [n days ago]) / Closing Price [n days ago] * 100


PROFILE: Nearmap (NEA.AX)


Stock Exchange: ASX
Company: Nearmap
Ticker Codes: | NEA.AX | ASX:NEA |

About Nearmap (ASX:NEA):

Nearmap Ltd provides online aerial photomapping services in Australia and the United States. The company offers PhotoMap, an online content provider that creates current and changing maps. Its solutions are used in the architecture and engineering, construction, insurance, rail, property, roofing, and solar, as well as government industries. The company was formerly known as ipernica ltd and changed its name to Nearmap Ltd in November 2012. Nearmap Ltd was founded in 2000 and is headquartered in Barangaroo, Australia.

Top 10:

Rate of Change

Download
Company Close Change(%) Volume Value Signal
BEE Broo 0.03 25 1,144,808 -25 BEARISH
OFX Ozforex 1.59 10.8 939,506 -4.14 BEARISH
CVW Clearview Wealth 0.7 7.7 158,305 -5.39 BEARISH
KMD Kathmandu 2.83 7.6 284,197 -3.85 BEARISH
MNS Milnes Holdings 0.17 6.3 123,862 -11.63 BEARISH
TWR Tower 0.72 5.1 2,365 -2.63 BEARISH
DCN Dacian Gold 1.36 4.6 5,417,629 -10.16 BEARISH
IVC Invocare 14.24 4.6 426,048 -7.33 BEARISH
IFM Infomedia 2.1 4 403,592 -9.69 BEARISH
IRI Integrated Research 3.3 3.8 539,685 -11.11 BEARISH