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

Exponential Moving Average

Score

0.5

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 43 9.7 0.21% 0.26% 16.7% -2.5% 65.7%
SHORT 42 9.2 0.21% 0.27% 11.9% -3.0% 7.2%

Summary

Technical Analysis

Rib Loc (RBL.AX)


Indicator:

EXPONENTIAL MOVING AVERAGE


Last Signal:

BULLISH


Trading: BUY @ $1.855
Signal Strength: STRONG
Recommendation:

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has the ability to highlight trends across numerous timeframes. This indicator has the ability to smooth historical results to illustrate trend initiation and status. Although this is a simple trend following indicator & can provide good results when coupled with the right indicator. Note, this indicator does not work well in ranging markets producing unwanted whipsaws and false signals.


Rib Loc (ASX:RBL) currently has a confirmed uptrend. Recent trading has caused the EMA 15 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on EMA15 is -0.8%.



An exponential moving average (EMA) is a type of moving average that is similar to a simple moving average except that more weight is given to the latest data. It’s also known as the exponentially weighted moving average. This type of moving average reacts faster to recent price changes than a simple moving average.

Calculation: Exponential Moving Average:
1) Initial SMA: n period sum / n;
2) Multiplier: (2 / (Time periods + 1));
3) EMA: {Close – EMA (previous day)} x multiplier + EMA (previous day).


PROFILE: Rib Loc (RBL.AX)


Stock Exchange: ASX
Company: Rib Loc
Ticker Codes: | RBL.AX | ASX:RBL |

About Rib Loc (ASX:RBL):

Redbubble Limited operates as an online marketplace that facilitates the sale and purchase of art and designs on a range of products between independent creatives and consumers in Australia, the United States, the United Kingdom, and internationally. It provides an Internet based marketplace platform and associated logistics services to facilitate the sale of goods from artists to those who want to purchase goods bearing the artists' designs. The company enables 600,000 independent artists to sell their designs, such as apparel, stationery, housewares, bags, wall art, etc. It offers its services through its Website at Redbubble.com and three foreign language sites. The company was founded in 2006 and is based in Melbourne, Australia.

Top 10:

Exponential Moving Average

Download
Company Close Change(%) Volume Value Signal
APX Appen 22.66 5.9 1,026,466 5.5 BULLISH
BAF Blue Sky Alternatives 0.92 5.1 936,302 6.3 BULLISH
SGF SG Fleet 2.68 4.7 164,520 8.2 BULLISH
BEE Broo 0.02 4.5 172,843 12.2 BULLISH
SHM Shriro 0.72 4.3 7,177 4.1 BULLISH
PSQ Pacific Smiles 1.77 4.1 3,500 3.9 BULLISH
KAR Karoon Gas Australia 1.1 3.8 5,014,070 5.7 BULLISH
IPD Impedimed 0.17 3.1 1,756,283 7.6 BULLISH
EMH European Metals Holdings 0.36 2.9 33,002 9.7 BULLISH
CAT Catuity 1.77 2.9 1,802,691 15.8 BULLISH