Objective Corporation

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

Volume Rate of Change

Score

0.05

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 66 5.0 0.74% 1.48% 1.8% -1.8% 31.4%
SHORT 65 8.1 0.49% 0.78% 3.0% -3.1% -32.7%

Summary

Technical Analysis

Objective Corporation (OCL.AX)


Indicator:

VOLUME RATE OF CHANGE


Last Signal:

BEARISH CROSSOVER


Trading: SELL @ $5.66
Signal Strength: MEDIUM
Recommendation:

Objective Corporation (ASX:OCL) currently has negative rate of change of -7%. This means the current volume 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


Volume Rate of Change Volume (VROC) is an oscillator applied to volume rather than price and is calculated in the same manner as the Rate of Change (Price) indicator. VROC highlights increases in volume which normally occur at most significant market tops bottoms and breakouts.

Calculation: Volume Rate of Change (VROC):
1) ( Volume [today] - Volume [n days ago] ) / Volume [n days ago];


PROFILE: Objective Corporation (OCL.AX)


Stock Exchange: ASX
Company: Objective Corporation
Ticker Codes: | OCL.AX | ASX:OCL |

About Objective Corporation (ASX:OCL):

Objective Corporation Limited, together with its subsidiaries, provides information technology software and services in Australia, the United Kingdom, New Zealand, and internationally. Its products include objective enterprise content management that manages content, builds business processes, and empowers users to achieve desired outcomes; objective inform, which provides document management, records management, office 365, SharePoint governance, deployment options, reporting insights, and drawings management solutions; and objective perform, a streamline content-driven process that offers workflow designing, case management, anywhere access, transparency, accountability, and governance solutions. The company also offers objective connect, which creates secure and private workspace; objective keystone, including content management, collaborative authoring, review and verification, one click publishing, multichannel distribution, and stakeholder engagement solutions; and objective trapeze to transform the development application process. In addition, it provides professional, management, education, and technical support services, as well as engages in the capture, collaboration, and manipulation of large documents, complex drawings, maps, and plans. The company serves public sector, local government, healthcare, financial services, insurance, energy, and infrastructure industries. Objective Corporation Limited was founded in 1987 and is headquartered in North Sydney, Australia.

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