Trading indicator
Accumulation DistributionBacktest 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% |
Trading Performance
Accumulation Distribution
Score
-1.25
| Position | Trades | Duration | Win Rate | Win/Loss | Avg Win | Avg Loss | Return |
|---|---|---|---|---|---|---|---|
| LONG | 29 | 14.7 | 0.31% | 0.41% | 9.2% | -4.5% | -16.3% |
| SHORT | 28 | 12.1 | 0.25% | 0.33% | 5.0% | -5.4% | -78.9% |
Summary
Technical Analysis
Ramelius Resources (RMS.AX)
Indicator:
ACCUMULATION DISTRIBUTION
Last Signal:
BULLISH
Trading: HOLD @ $0.86
Signal Strength: MEDIUM
Recommendation:
Ramelius Resources (ASX:RMS) current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the ADLINE is 482932. day. During the quarter, the highest ADLINE value was 4.45429e+006.
Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. Indicator can be applied to the short/medium term timeframe, but the best results are obtained with larger cyclical swings in-line with the trend direction. This accumulation / distribution oscillator can provide guidance on the money flow direction from the companies recent trading.
Accumulation/distribution (ADLINE) is a momentum indicator that attempts to gauge supply and demand by determining whether investors are generally accumulating or buying or distributing or selling a certain stock by identifying divergences between stock price and volume flow. The accumulation/distribution is calculated by first calculating the money flow multiplier then multiplying the money flow multiplier by the period’s volume.
Calculation: Accumulation Distribution Line:
1) Money Flow Multiplier = [(close - low) - (high - close)] / (high - low);
2) Money Flow Volume = Money Flow Multiplier x volume for the period;
3) Accumulation/Distribution= previous Accumulation/Distribution + current periods Money Flow Volume.
PROFILE: Ramelius Resources (RMS.AX)
Stock Exchange: ASX
Company: Ramelius Resources
Ticker Codes: | RMS.AX | ASX:RMS |
Ramelius Resources Limited, together with its subsidiaries, engages in the exploration, mine development and operation, and production and sale of gold in Australia. The company holds interest in the Mt Magnet gold project located within the north-south striking Meekatharra-Mt Magnet greenstone belt of the Western Australian Murchison province; and the Vivien gold deposit located to the west of the town of Leinster in Western Australia. It also has interests in the Water Tank Hill/St George deposits in Western Australia; the Coogee gold project in Western Australia; the Kathleen Valley gold project in Western Australia; and the Tanami joint venture gold project in Northern Territory; and the exploration permit for minerals holdings in north Queensland. Ramelius Resources Limited is headquartered in East Perth, Australia.
Top 10:
Accumulation Distribution
| Company | Close | Change(%) | Volume | Value | Signal |
|---|---|---|---|---|---|
| BEE Broo | 0.03 | 21.7 | 83,994 | 19,149.1 | BULLISH |
| DNA Donaco International | 0.08 | 9.2 | 4,579,010 | 586,526.4 | BULLISH |
| ISX Isignthis | 0.6 | 8.2 | 4,830,133 | 1,263,311 | BULLISH |
| EML Emerchants | 2.55 | 6.3 | 2,216,677 | 405,090.3 | BULLISH |
| ADH Adairs | 2.06 | 5.6 | 1,149,442 | 412,915.3 | BULLISH |
| MTO Moto Goldmines | 1.34 | 4.7 | 78,748 | 33,572.5 | BULLISH |
| DFM Dongfang Modern Agriculture | 0.88 | 4.1 | 241,557 | 59,422.5 | BULLISH |
| ARA Ariadne Australia | 0.65 | 4 | 6,000 | 7,796.2 | BULLISH |
| DDR Dicker Data | 5.16 | 4 | 280,998 | 76,488.9 | BULLISH |
| IRD Iron Road | 0.06 | 3.5 | 18,500 | 8,045.7 | BULLISH |