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

Detrended Price Oscillator

Score

-0.75

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 18 24.8 0.33% 0.46% 3.9% -2.1% -3.9%
SHORT 17 17.9 0.18% 0.21% 6.7% -3.8% -32.5%

Summary

Technical Analysis

Navitas (NVT.AX)


Indicator:

DETREND PRICE OSCILLARTOR


Last Signal:

BULLISH


Trading: BUY @ $5.79
Signal Strength: STRONG
Recommendation:

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has the ability to highlight trends across numerous timeframes. This indicator has the ability to smooth historical results to illustrate trend initiation and status. Although this is a simple trend following indicator & can provide good results when coupled with the right indicator. Note, this indicator does not work well in ranging markets producing unwanted whipsaws and false signals.


Navitas (ASX:NVT) currently has a confirmed uptrend. Price is currently above the displaced moving average for NVT Currently, the return on DPO20 is 0.2%.



The Detrended Price Oscillator (DPO) is an indicator designed to remove trend from price and make it easier to identify cycles. DPO does not extend to the last date because it is based on a displaced moving average. However alignment with the most recent is not an issue because DPO is not a momentum oscillator. Instead DPO is used to identify cycle’s highs/lows and estimate cycle length.

Calculation: Detrended Price Oscillator (DPO):
1) Price (X/2 + 1) periods ago minus X-period simple moving average.
Where X is the number of periods;


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:

Detrended Price Oscillator

Download
Company Close Change(%) Volume Value Signal
BEE Broo 0.03 21.7 83,994 0 BULLISH CROSSOVER
CEN Central Australian Phosphate 6.94 8.3 4,068 0.51 BULLISH CROSSOVER
BNO Bionomics 0.15 7.4 680,092 0.01 BULLISH CROSSOVER
HFR Highfield Resources 0.74 7.3 38,107 0.02 BULLISH CROSSOVER
PAC Pacsoft 4.8 4.1 25,306 0.12 BULLISH CROSSOVER
ARA Ariadne Australia 0.65 4 6,000 0.01 BULLISH CROSSOVER
ANN Ansell 26.73 3.5 704,066 0.11 BULLISH CROSSOVER
AQZ Alliance Aviation Services 2.73 3 6,299 0.08 BULLISH CROSSOVER
TGA Thorn 0.45 2.3 43,212 0 BULLISH CROSSOVER
QUB Qube Logistics 2.84 0.4 2,798,263 0.01 BULLISH CROSSOVER