Primary Healthcare

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

Ease of Movement

Score

-0.75

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 20 10.9 0.55% 1.10% 2.9% -6.7% -34.6%
SHORT 20 6.5 0.55% 1.10% 1.9% -2.5% -4.6%

Summary

Technical Analysis

Primary Healthcare (PRY.AX)


Indicator:

EASE OF MOVEMENT


Last Signal:

BEARISH


Trading: SELL @ $2.57
Signal Strength: MEDIUM
Recommendation:

Volatility indicators highlight potential moves of a stock which can either move sharply in the updwards or downwards direction. This indicator allows stocks to be compared on a level playing field to highlight high and low volatility. Normally, falling markets are more likely to be volatile than a rising markets due to the emotion that gets tied to trading. Use volatility indicators in conjunction with other indicators to reduce exposure to false moves.


Primary Healthcare (ASX:PRY) current price have moved downwards on low volume. Currently, the EOM is -0.712.



The Ease of Movement (EOM) is a technical momentum indicator that is used to illustrate the relationship between the rate of an assets price change and its volume. This indicator attempts to identify the amount of volume required to move prices. Generally a value greater than zero is an indication that the stock is being accumulated (bought) and negative values are used to signal increased selling pressure. A high positive value appears when prices move upward on low volume. Strong negative numbers indicate that price is moving downward on low volume.

Calculation: Ease of Movement (EOM):
1) Distance Moved = ((H + L)/2 - (Prior H + Prior L)/2);
2) Box Ratio = ((V/100 000 000)/(H - L));
3) 1-Period EMV = ((H + L)/2 - (Prior H + Prior L)/2) / ((V/100 000 000)/(H - L));
4) 14-Period Ease of Movement = 14-Period simple moving average of 1-period EMV


PROFILE: Primary Healthcare (PRY.AX)


Stock Exchange: ASX
Company: Primary Healthcare
Ticker Codes: | PRY.AX | ASX:PRY |

About Primary Healthcare (ASX:PRY):

Primary Health Care Limited provides various services and facilities to general practitioners, radiologists, and other health care providers in Australia. It operates through three segments: Medical Centres, Pathology, and Imaging. The company offers diagnostic imaging services, such as general X-ray, point CT scanning, MRI scanning, mammography, bone densitometry, angiography, ultrasound, doppler ultrasound, echocardiography, fluoroscopic screening, OPG, and nuclear medicine services; and medical laboratory and pathology services. It also operates medical centers that provide nursing support, pathology, radiology, pharmacy, physiotherapy, dental, specialist room, and allied health services; and IVF services, eye and skin specialists, skin cancer checks, and consultant specialist doctors. The company operates 71 medical centers, 107 pathology labs, 2,207 collection centers, and 141 diagnostic imaging sites. Primary Health Care Limited was incorporated in 1994 and is headquartered in St Leonards, Australia.

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