REA Group

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%

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Trading Performance

Close Change

Score

0.45

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 128 4.0 0.40% 0.61% 2.2% -1.0% 31.7%
SHORT 127 3.7 0.37% 0.57% 1.9% -1.1% -4.4%

Summary

Technical Analysis

REA Group (REA.AX)


Indicator:

PRICE CHANGE


Last Signal:

BULLISH


Trading: HOLD @ $96.64
Signal Strength: WEAK
Recommendation:

Indicator MUST BE USED in additional to another technical indicator to confirmation for trading entry. 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 bar analysis can provide guidance on the daily battle between sellers and buyers from the companies recent trading.


REA Group (ASX:REA) buyers are keener than sellers and are driving the price up. There has been 3 consecutive days of price rise for REA adding strength to an uptrend in the first timeframe. The biggest upward movement this month has been 2.5 & the greatest daily positive change this year has been 2891.9. The longest consecutive upswing rally over the last 12 months has been 5 days giving a total rally upward movement of 2892.6%. This quarter, the largest upswing rally has been 5 days giving a total rally upward movement of 2892.6%. The win ratio for price rise in the first timeframe for the last 12 months is 0x giving a total win/loss ratio of 2.5x. Over the last month the average daily upward movement has been 1.400000%



The only price most market participants look at is the closing price in relation to the previous day’s close. As such the position of the close has the ability to highlight recent performance and indirectly the keenness of traders.

[Calculations] Close Today Versus Close Yesterday (CTCY):
1) [Close] > [Close Yesterday] = Buyers keener than sellers;
2) [Close] < [Close Yesterday] = Sellers keener than buyers;
3) [Close] = [Close Yesterday] = Neither are keener


PROFILE: REA Group (REA.AX)


Stock Exchange: ASX
Company: REA Group
Ticker Codes: | REA.AX | ASX:REA |

About REA Group (ASX:REA):

REA Group Limited provides advertising services to the real estate industry in Australia and Asia. It advertises property and property-related services on Websites and mobile apps. The company operates Australian residential, commercial, and share property sites, such as realestate.com.au, realcommercial.com.au, and Flatmates.com.au; Chinese property site myfun.com; and various property portals in Asia. It also provides advertising services to the real estate industry. The company was formerly known as realestate.com.au Ltd. and changed its name to REA Group Limited in December 2008. REA Group Limited was founded in 1995 and is headquartered in Richmond, Australia. REA Group Limited is a subsidiary of News Limited.

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