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

0.4

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 94 4.6 0.47% 0.86% 1.8% -2.1% -31.4%
SHORT 96 5.0 0.48% 0.87% 3.4% -1.7% 65.6%

Summary

Technical Analysis

Nufarm (NUF.AX)


Indicator:

EASE OF MOVEMENT


Last Signal:

BULLISH


Trading: BUY @ $4.09
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.


Nufarm (ASX:NUF) current price have moved upwards on low volume. Currently, the EOM is 0.285.



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: Nufarm (NUF.AX)


Stock Exchange: ASX
Company: Nufarm
Ticker Codes: | NUF.AX | ASX:NUF |

About Nufarm (ASX:NUF):

Nufarm Limited, together with its subsidiaries, manufactures and sells crop protection products in Australia, New Zealand, Asia, Europe, North America, Latin America, and internationally. It operates through two segments, Crop Protection and Seed Technologies. The company offers herbicides, insecticides, fungicides, and plant growth regulators to protect crops from damage caused by weeds, pests, and diseases. It also provides seeds and seed treatment products; and engages in croplands equipment business. The company is headquartered in Laverton North, Australia.

Top 10:

Ease of Movement

Download
Company Close Change(%) Volume Value Signal
AJX Alexium International 0.13 13 328,122 0 BULLISH
EWC Energy World Corporation 0.08 10.8 945,847 0.6 BULLISH
BOC Bougainville Copper 0.11 10 84,981 0.5 BULLISH
CAJ Capitol Health 0.22 7.3 466,982 0.03 BULLISH
CLQ Clean Teq Holdings 0.32 6.7 1,263,824 910.24 BULLISH
COE Cooper Energy 0.56 5.7 2,753,925 0.25 BULLISH
GNG GR Engineering Services 0.85 5.6 43,068 0.25 BULLISH
BSA Broadcast Services Australia 0.3 5.3 140,508 0 BULLISH
OMH OM Holdings 0.91 5.2 125,747 4.44 BULLISH
MAH Macmahon 0.21 5.1 1,402,377 30.53 BULLISH