Trading indicator
Volume Rate of ChangeTrade 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% |
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
1.25
| Position | Trades | Duration | Win Rate | Win/Loss | Avg Win | Avg Loss | Return |
|---|---|---|---|---|---|---|---|
| LONG | 97 | 4.9 | 0.58% | 0.98% | 4.0% | -2.8% | 65.7% |
| SHORT | 96 | 4.6 | 0.60% | 1.32% | 4.1% | -3.3% | 89.5% |
Summary
Technical Analysis
OM Holdings (OMH.AX)
Indicator:
VOLUME RATE OF CHANGE
Last Signal:
BULLISH
Trading: HOLD @ $0.505
Signal Strength: MEDIUM
Recommendation:
OM Holdings (ASX:OMH) currently has positive volume of change of 167%. This means the current volume is greater than the price 14 days ago and therefore gaining 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: OM Holdings (OMH.AX)
Stock Exchange: ASX
Company: OM Holdings
Ticker Codes: | OMH.AX | ASX:OMH |
OM Holdings Limited, an investment holding company, engages in mining, smelting, trading, and marketing ores and ferroalloys. The company operates through Mining, Smelting, and Marketing and Trading segments. It owns Bootu Creek manganese mine located in the Northern territory of Australia. It also provides manganese ferroalloys, ferrosilicon, and manganese sinter ore. In addition, the company trades in manganese ore, manganese ferroalloys, ferrosilicon, sinter ore, chrome ore, and iron ore. The company has operations in Australia, the People's Republic of China, Singapore, Malaysia, and Mauritius. OM Holdings Limited was founded in 1994 and is based in Singapore.
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Volume Rate of Change
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|---|---|---|---|---|---|
| MCY Mighty River Power | 5 | 7.1 | 7,917 | 92 | BULLISH CROSSOVER |
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| NAN Nanosonics | 6.68 | 2.1 | 878,472 | 2 | BULLISH CROSSOVER |