Northern Star Resources

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

Daily Volume Index

Score

-0.35

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 24 18.5 0.33% 0.47% 12.0% -3.2% 42.6%
SHORT 24 12.5 0.25% 0.32% 4.5% -3.7% -42.6%

Summary

Technical Analysis

Northern Star Resources (NST.AX)


Indicator:

DAILY VOLUME INDEX


Last Signal:

BEARISH


Trading: SELL @ $9.85
Signal Strength: MEDIUM
Recommendation:

Northern Star Resources (ASX:NST) current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the DVI is -4492.


Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading exit. Indicator can be applied to the short/medium term timeframe, but the best results are obtained with larger cyclical swings in-line with the trend direction. This accumulation / distribution oscillator can provide guidance on the money flow direction from the companies recent trading.


The daily volume index (DVI) is the amount of individual securities traded in a day on average over a specified period of time. Trading activity relates to the liquidity of a security. When average daily trading volume is high the stock can be easily traded and has high liquidity if trading volume is not very high and the security will tend to be less expensive because people are not as willing to buy it. As a result average daily trading volume can have an effect on the price of the security.

Calculation: Daily Volume Index (DVI):
1) [Close]-[Average price] / [Average price] x [Volume];


PROFILE: Northern Star Resources (NST.AX)


Stock Exchange: ASX
Company: Northern Star Resources
Ticker Codes: | NST.AX | ASX:NST |

About Northern Star Resources (ASX:NST):

Northern Star Resources Limited engages in the exploration and development of gold deposits in Australia. It holds interests in the Jundee, Kundana, Kanowna Belle, and Paulsens projects located in Western Australia; and the Central Tanami project located in the Northern Territory. The company was founded in 2000 and is based in Subiaco, Australia.

Top 10:

Daily Volume Index

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