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

Volume Rate of Change

Score

0.6

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 98 4.4 0.64% 1.21% 2.6% -2.0% 60.7%
SHORT 99 4.9 0.52% 0.88% 3.2% -2.9% -4.8%

Summary

Technical Analysis

Ramelius Resources (RMS.AX)


Indicator:

VOLUME RATE OF CHANGE


Last Signal:

BEARISH


Trading: SELL @ $0.86
Signal Strength: MEDIUM
Recommendation:

Ramelius Resources (ASX:RMS) currently has negative rate of change of -14%. This means the current volume is less than the price 14 days ago and therefore losing 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


Volume Rate of Change Volume (VROC) is an oscillator applied to volume rather than price and is calculated in the same manner as the Rate of Change (Price) indicator. VROC highlights increases in volume which normally occur at most significant market tops bottoms and breakouts.

Calculation: Volume Rate of Change (VROC):
1) ( Volume [today] - Volume [n days ago] ) / Volume [n days ago];


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:

Volume Rate of Change

Download
Company Close Change(%) Volume Value Signal
BEE Broo 0.03 21.7 83,994 -16 BEARISH
CEN Central Australian Phosphate 6.94 8.3 4,068 -19 BEARISH
HFR Highfield Resources 0.74 7.3 38,107 -74 BEARISH
RAP Resapp Health 0.15 7.1 428,520 -69 BEARISH
ERA Energy Resources Of Australia 0.2 2.6 45,870 -92 BEARISH
PNC Pioneer Credit 2.63 2.3 96,710 -4 BEARISH
TGA Thorn 0.45 2.3 43,212 -57 BEARISH
FWD Fleetwood 1.84 2.2 12,917 -57 BEARISH
GBT Gbst Holdings 2.7 1.9 44,067 -71 BEARISH
RUL Runge 0.6 1.7 8,175 -88 BEARISH