Pro Medicus

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

Basic Candlestick

Score

-0.2

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 125 3.5 0.40% 0.64% 4.3% -1.9% 67.1%
SHORT 123 4.4 0.33% 0.48% 3.4% -2.6% -88.3%

Summary

Technical Analysis

Pro Medicus (PME.AX)


Indicator:

SHORT WHITE CANDLE


Last Signal:

BULLISH


Trading: BUY @ $30.9
Signal Strength: WEAK
Recommendation:

Indicator MUST BE USED in additional to another technical indicator to confirmation for trading position. Indicator can be applied to the short term timeframe but is only able to give and indication of the strength of the buyers versus sellers at the market close. This Japanese candlestick indicator can provide guidance on the short term battle between sellers and buyers from the companies recent trading.


Pro Medicus (ASX:PME) has formed a Short White candlestick. This means, PME has limited price movement derived from weak buying pressure. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.



This candlestick implies a relatively weak buying pressure with a limited price movement.

Calculation: Short White Candlestick:
1) The body of the candlestick is white and small.


PROFILE: Pro Medicus (PME.AX)


Stock Exchange: ASX
Company: Pro Medicus
Ticker Codes: | PME.AX | ASX:PME |

About Pro Medicus (ASX:PME):

Pro Medicus Limited provides radiology information systems (RIS), picture archiving and communication systems (PACS), and advanced visualization solutions worldwide. It offers medical software for practice management; digital radiology integration products; Promedicus.net secure email; medical imaging software that provides radiologist and clinicians with advanced visualization capability for viewing 2-D, 3-D, and 4-D medical images; and PACS/Digital imaging software. The company offers its products under the Visage RIS, Visage RIS/PACS, and Visage 7 names. It also provides Visage Ease Pro and Visage Ease mobile applications, which allow users access to medical imaging results that are stored on a Visage 7 server; training, installation, and professional services; and after sale support and service products. The company offers its products and services to hospitals, diagnostic imaging groups, and other health related entities. Pro Medicus Limited was founded in 1983 and is headquartered in Richmond, Australia.

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