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

% Price Oscillator

Score

0.5

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 10 21.8 0.30% 0.43% 9.5% -4.5% -2.7%
SHORT 9 54.7 0.44% 0.80% 22.9% -4.2% 70.6%

Summary

Technical Analysis

Reckon (RKN.AX)


Indicator:

% PRICE OSCILLATOR


Last Signal:

BULLISH


Trading: HOLD @ $0.86
Signal Strength: STRONG
Recommendation:

Reckon (ASX:RKN) currently has positive PPO 5.039%. This means the current price is gaining momentum through a rise on the short term exponential moving average.

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has the ability to detect the speed of movement & give an early signal for a potential movement. By understanding the rate at which the price is moving in respect to the stocks historical trades, enables positions to be set in place based on changes in the speed of movement


The Percentage Price Oscillator (PPO) is a momentum oscillator that measures the difference between two moving averages as a percentage of the larger moving average.

Calculation: Percentage Price Oscillator (PPO):
1) PPO Line: {(12-day EMA - 26-day EMA)/26-day EMA} x 100;
2) Signal Line: 9-day EMA of PPO;
3) Histogram: PPO - Signal Line;


PROFILE: Reckon (RKN.AX)


Stock Exchange: ASX
Company: Reckon
Ticker Codes: | RKN.AX | ASX:RKN |

About Reckon (ASX:RKN):

Reckon Limited provides software solutions for small and medium businesses, larger businesses, accountants, bookkeepers, and lawyers in Australia, the United States, and others. It operates through Business Group, Legal Practice Management Group, and Accountant Practice Management Group segments. The Business Group segment engages in the development, distribution, and support of business accounting and personal wealth management software products, which include Reckon One and Reckon Accounts Hosted cloud software products, Reckon Accounts Business, and Reckon Accounts Personal. The Legal Practice Management Group segment develops and distributes software solutions to legal firms and corporations for revenue management, expense management, print solutions, business process automation, business intelligence, document service automation, and scan and document management solutions under the Reckon nQueue and Reckon Billback brands. The Accountant Practice Management Group segment engages in development, sales, and support of practice management, and compliance and efficiency tools for professional accounting firms under the Reckon APS and Reckon Elite brands. This segment also supplies corporate services, such as company registration and company secretarial tools; and supplies relevant content under the Reckon Docs brand. The company was founded in 1987 and is headquartered in North Sydney, Australia.

Top 10:

% Price Oscillator

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CGS Cogstate 0.36 12.5 54,332 4.93 BULLISH
DTL Data#3 3.43 5.2 1,162,137 0.74 BULLISH
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PGC Paragon Care 0.43 3.6 423,426 0.71 BULLISH
MTO Moto Goldmines 2.39 3 16,084 1.98 BULLISH