Ramelius Resources

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

Rate of Change

Score

-0.25

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 29 14.2 0.45% 0.68% 7.9% -3.3% 40.4%
SHORT 28 12.0 0.29% 0.33% 4.5% -3.1% -37.6%

Summary

Technical Analysis

Ramelius Resources (RMS.AX)


Indicator:

RATE OF CHANGE


Last Signal:

BULLISH


Trading: HOLD @ $0.91
Signal Strength: MEDIUM
Recommendation:

Ramelius Resources (ASX:RMS) currently has positive rate of change of 11.656%. This means the current price is greater than the price 14 days ago and therefore gaining momentum.

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


Rate of Change (ROC) is a refinement of Momentum - readings fluctuate as percentages around the zero line. The indicator is designed for use in ranging markets - to detect trend weakness and likely reversal points. However when combined with a trend indicator it can be used in trending markets.

Calculation: Rate of Change (ROC):
1) (Closing Price [today] - Closing Price [n days ago]) / Closing Price [n days ago] * 100


PROFILE: Ramelius Resources (RMS.AX)


Stock Exchange: ASX
Company: Ramelius Resources
Ticker Codes: | RMS.AX | ASX:RMS |

About Ramelius Resources (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:

Rate of Change

Download
Company Close Change(%) Volume Value Signal
NAN Nanosonics 4.93 6.7 1,283,636 11.29 BULLISH
DWS DWS 1.13 6.6 119,422 18.95 BULLISH
VGL Volante 5.8 6.4 1,417 7.41 BULLISH
NST Northern Star Resources 10.54 5.6 3,773,663 12.13 BULLISH
SAR Saracen Mineral 3.66 5.5 4,153,957 12.96 BULLISH
PRU Perseus Mining 0.5 5.3 6,327,147 8.7 BULLISH
OGC Oceanagold Corporation 4.21 5 264,236 6.58 BULLISH
DNA Donaco International 0.11 5 843,519 26.51 BULLISH
CIA Champion Iron 3.24 4.9 531,475 14.89 BULLISH
EVN Evolution Mining 4.13 4.8 11,519,500 12.53 BULLISH