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

Bollinger Bands

Score

-0.95

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 44 10.3 0.23% 0.29% 3.9% -1.5% -12.7%
SHORT 44 8.2 0.16% 0.19% 4.6% -1.9% -38.3%

Summary

Technical Analysis


The purpose of the Bollinger Bands is to provide a relative definition of high and low. By definition prices are high at the upper band and low at the lower band. This definition can aid in rigorous pattern recognition and is useful in comparing price action of the action of indicators to arrive at systematic trading decision.

Calculation: Bollinger Bands:
1) Middle Band = 20-day simple moving average (SMA);
2) Upper Band = 20-day SMA + (20-day standard deviation of price x 2);
3) Lower Band = 20-day SMA - (20-day standard deviation of price x 2);


PROFILE: Navitas (NVT.AX)


Stock Exchange: ASX
Company: Navitas
Ticker Codes: | NVT.AX | ASX:NVT |

About Navitas (ASX:NVT):

Navitas Limited provides educational services for students and professionals in Australia, the United Kingdom, Europe, Asia, Canada, the United States, and internationally. It operates through University Partnerships and Careers & Industry segments. The University Partnerships segment offers pre-university and university pathway programs that focus on providing pre and first-year university courses to international students who do not qualify for direct entry to partner universities due to either language or academic record. The Careers & Industry segment delivers education programs in the area of creative media, including audio, film, and multimedia courses; and English language tuition and jobs skills training services, as well as higher and vocational education services in health, security, and psychology. The company was founded in 1994 and is headquartered in Perth, Australia.

Top 10:

Bollinger Bands

Download
Company Close Change(%) Volume Value Signal
RAP Resapp Health 0.15 7.1 428,520 -13.31 BEARISH
MNS Milnes Holdings 0.21 5.1 895,452 -22.79 BEARISH
BRN Brainchip Holdings 0.05 4.5 1,366,441 -0.26 BEARISH
BFC Beston Global Food 0.12 4.3 385,290 -1.14 BEARISH
ONE Oneview Healthcare 0.25 4.2 107,600 -7.7 BEARISH
IRD Iron Road 0.06 3.5 18,500 -16.57 BEARISH
CDV Cardinal Resources 0.38 2.7 68,845 -3.14 BEARISH
ERA Energy Resources Of Australia 0.2 2.6 45,870 -26.52 BEARISH
BWX BWX 1.64 2.5 656,613 -28.93 BEARISH
LVH Livehire 0.41 2.5 140,665 -34.08 BEARISH