Trading indicator
% Volume OscillatorBacktest 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% |
Trading Performance
% Volume Oscillator
Score
0.35
| Position | Trades | Duration | Win Rate | Win/Loss | Avg Win | Avg Loss | Return |
|---|---|---|---|---|---|---|---|
| LONG | 30 | 9.7 | 0.40% | 0.50% | 5.4% | -7.3% | -108.9% |
| SHORT | 30 | 15.4 | 0.63% | 1.58% | 14.5% | -4.9% | 217.4% |
Summary
Technical Analysis
Oneview Healthcare (ONE.AX)
Indicator:
% VOLUME OSCILLATOR
Last Signal:
BULLISH
Trading: HOLD @ $0.23
Signal Strength: MEDIUM
Recommendation:
Oneview Healthcare (ASX:ONE) currently has positive PVO 24.6%. The recent volume is gaining momentum through a rise on the short term exponential moving average.
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
The Percentage Volume Oscillator (PVO) is a momentum oscillator for volume. PVO measures the difference between two volume-based moving averages as a percentage of the larger moving average. As with MACD and the Percentage Price Oscillator (PPO) it is shown with a signal line a histogram and a centreline.
Calculation: Percentage Volume Oscillator (PVO):
1) Percentage Volume Oscillator (PVO): ((12-day EMA of Volume - 26-day EMA of Volume)/26-day EMA of Volume) x 100;
2) Signal Line: 9-day EMA of PVO;
3) Histogram: PVO - Signal Line;
PROFILE: Oneview Healthcare (ONE.AX)
Stock Exchange: ASX
Company: Oneview Healthcare
Ticker Codes: | ONE.AX | ASX:ONE |
Oneview Healthcare PLC, a software and solutions company, designs, develops, implements, and sells software and related consultancy services for the healthcare sector in Ireland, the United States, Australia, and the Middle East and North Africa. The company offers Inpatient, a platform that allows active collaboration between patients and clinical staff; Connect, a mobile application; Senior Living solution; and Patient Pathways, a product, which targets the digitization of various clinical pathways. It serves hospitals and healthcare providers. Oneview Healthcare PLC was incorporated in 2012 and is headquartered in Dublin, Ireland.
Top 10:
% Volume Oscillator
| Company | Close | Change(%) | Volume | Value | Signal |
|---|---|---|---|---|---|
| MOY Millennium Minerals | 0.1 | 22 | 12,026,126 | 29.68 | BULLISH |
| MGC Mg Unit Trust | 0.35 | 18.6 | 1,279,050 | 43.35 | BULLISH |
| ADH Adairs | 1.48 | 18.4 | 5,926,270 | 54.84 | BULLISH |
| ASL Ausdrill | 1.74 | 10.5 | 8,810,838 | 17.1 | BULLISH |
| CLQ Clean Teq Holdings | 0.38 | 10.3 | 4,365,526 | 18.51 | BULLISH |
| ALK Alkane Exploration | 0.46 | 7.1 | 4,445,709 | 10.28 | BULLISH |
| FDV Frontier Digital Ventures | 0.77 | 6.2 | 113,332 | 7.7 | BULLISH |
| PNV Polynovo | 1.56 | 5.1 | 4,075,815 | 18.59 | BULLISH |
| DNA Donaco International | 0.11 | 4.8 | 2,736,673 | 14.3 | BULLISH |
| SLR Silver Lake Resources | 1.23 | 4.2 | 5,739,437 | 41.83 | BULLISH |