Trading indicator
Aroon OscillatorBacktest 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
Aroon Oscillator
Score
0.35
| Position | Trades | Duration | Win Rate | Win/Loss | Avg Win | Avg Loss | Return |
|---|---|---|---|---|---|---|---|
| LONG | 11 | 35.6 | 0.55% | 1.20% | 16.2% | -6.4% | 65.3% |
| SHORT | 10 | 35.3 | 0.30% | 0.38% | 5.6% | -4.0% | -15.7% |
Summary
Technical Analysis
Ramelius Resources (RMS.AX)
Indicator:
AROON OSCILLATOR
Last Signal:
NEUTRAL
Trading: HOLD @ $0.86
Signal Strength: STRONG
Recommendation:
Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has been constructed to highlight the existence of a trend for an assocaited timeframe. Trend determining indicators can be used in short, medium or long term timeframes & determines if the stock is trending or ranging. Once the trend status is quantified, this can then be coupled to additional indicators to add a significant advantage to the trading strategy.
Ramelius Resources (ASX:RMS)
The Aroon Oscillator is the difference between Aroon-Up and Aroon-Down. These two indicators are usually plotted together for easy comparison but chartists can also view the difference of these two indicators with the Aroon Oscillator. This indicator fluctuates between -100 and +100 with zero as the middle line.
Calculation: Aroon Oscillator (ARO) :
1) Aroon Up = 100 x (25 - Days Since 25-day High)/25;
2) Aroon Down = 100 x (25 - Days Since 25-day Low)/25;
3) Aroon Oscillator = Aroon-Up - Aroon-Down;
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:
Aroon Oscillator
| Company | Close | Change(%) | Volume | Value | Signal |
|---|---|---|---|---|---|
| BEE Broo | 0.03 | 21.7 | 83,994 | 40 | BULLISH |
| CEN Central Australian Phosphate | 6.94 | 8.3 | 4,068 | 40 | BULLISH |
| ISX Isignthis | 0.6 | 8.2 | 4,830,133 | 76 | BULLISH |
| BNO Bionomics | 0.15 | 7.4 | 680,092 | 12 | BULLISH |
| RAP Resapp Health | 0.15 | 7.1 | 428,520 | 16 | BULLISH |
| EML Emerchants | 2.55 | 6.3 | 2,216,677 | 92 | BULLISH |
| ADH Adairs | 2.06 | 5.6 | 1,149,442 | 28 | BULLISH |
| TNG Tennant Creek Gold | 0.12 | 4.3 | 341,928 | 60 | BULLISH |
| PAC Pacsoft | 4.8 | 4.1 | 25,306 | 52 | BULLISH |
| DDR Dicker Data | 5.16 | 4 | 280,998 | 72 | BULLISH |