Ramsay Health Care

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?

Trading Performance

Ease of Movement



Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 107 4.5 0.48% 0.82% 1.3% -1.6% -35.0%
SHORT 108 4.3 0.39% 0.61% 1.2% -1.2% -29.8%


Technical Analysis

Ramsay Health Care (RHC.AX)



Last Signal:


Trading: HOLD @ $72.58
Signal Strength: MEDIUM

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.

Ramsay Health Care (ASX:RHC)

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: Ramsay Health Care (RHC.AX)

Stock Exchange: ASX
Company: Ramsay Health Care
Ticker Codes: | RHC.AX | ASX:RHC |

About Ramsay Health Care (ASX:RHC):

Ramsay Health Care Limited provides health care services to public and private patients. The company's health care services comprise day surgery procedures and complex surgeries, as well as psychiatric care and rehabilitation services. It operates approximately 235 hospitals and day surgery facilities with approximately 25,000 beds in Australia, the United Kingdom, France, Indonesia, Malaysia, and Italy. The company was founded in 1964 and is based in Sydney, Australia.

Top 10:

Ease of Movement

Company Close Change(%) Volume Value Signal
IPD Impedimed 0.12 9.5 2,638,079 -0.1 BEARISH
GGG Greenland Minerals 0.14 8 2,362,420 -7.29 BEARISH
MNF My Net Fone 3.73 7.2 55,752 -0.01 BEARISH
BSL Bluescope Steel 11.73 6.5 4,817,859 0 BEARISH
NAN Nanosonics 5.6 5.7 3,678,008 -0.41 BEARISH
SFR Sandfire Resources 6.67 5.5 1,218,623 -0.18 BEARISH
MVF Monash IVF 1.46 5.4 1,302,784 -0.01 BEARISH
CGL The Citadel 4.6 5 510,148 -2.04 BEARISH
BTI Bailador Technology Investments 0.98 4.8 48,460 -0.01 BEARISH
PTM Platinum Asset Management 4.81 4.8 2,130,936 -1.26 BEARISH