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?



Code Company Date Close Change Indicator Value Signal

Trading Performance

Bar Reversal



Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 24 12.1 0.50% 1.00% 17.5% -4.9% 152.2%
SHORT 24 19.8 0.42% 0.63% 4.9% -5.3% -36.0%


Technical Analysis

Opthea (OPT.AX)



Last Signal:


Trading: NO POSITION @ $2.78
Signal Strength: MEDIUM

Indicator can be used in isolation but is strengthened by additional indicator confirmation. Indicator can be applied to the short or medium term timeframe and is able to highlight a potential change in price direction. This bar analysis can provide guidance on the daily battle between sellers and buyers from the companies recent trading.

Opthea (ASX:OPT)No bar reversal is present for Opthea. Over the last 12 months there have been 6 occurrences of no bar reversals giving a signal probability of 2.3%.


Stock Exchange: ASX
Company: Opthea
Ticker Codes: | OPT.AX | ASX:OPT |

About Opthea (ASX:OPT):

Opthea Limited develops and commercializes therapies primarily for eye disease in Australia. The company's development activities are based on the intellectual property portfolio covering Vascular Endothelial Growth Factors (VEGF) C and D, and VEGF Receptor-3 for the treatment of diseases associated with blood and lymphatic vessel growth, as well as vascular leakage. Its lead molecule is OPT-302, a soluble form of VEGFR-3, which is in Phase 1/2A clinical trial for the treatment of back of the eye diseases, such as wet age-related macular degeneration that is the cause of blindness in elderly and diabetic populations. The company was formerly known as Circadian Technologies Limited and changed its name to Opthea Limited in December 2015. Opthea Limited is based in South Yarra, Australia.

Top 10:

Bar Reversal

Company Close Change(%) Volume Value Signal
EPW ERM Power 2.45 42.4 11,431,310 1 BULLISH
PME Pro Medicus 30.58 16.1 617,868 1 BULLISH
CGC Consolidated Gaming Corporation 3.79 7.7 2,950,452 1 BULLISH
FLT Flight Centre 47.14 7.5 819,161 1 BULLISH
CDD Cardno 0.96 5.5 177,614 1 BULLISH
CGL The Citadel 3.82 3.8 295,775 1 BULLISH
GUD Gud Holdings 9 3.2 455,158 1 BULLISH
MPL Medibank Private 3.48 3 9,454,823 1 BULLISH
PPH Pan Pharmaceuticals 2.91 2.1 81,473 1 BULLISH
SNZ Summerset Holdings 5.67 2 150 1 BULLISH