Trading indicator
% Volume OscillatorTrade 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% |
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
% Volume Oscillator
Score
-2.15
| Position | Trades | Duration | Win Rate | Win/Loss | Avg Win | Avg Loss | Return |
|---|---|---|---|---|---|---|---|
| LONG | 32 | 12.6 | 0.34% | 0.48% | 3.3% | -3.5% | -44.0% |
| SHORT | 31 | 11.3 | 0.23% | 0.28% | 5.7% | -5.8% | -106.1% |
Summary
Technical Analysis
Saracen Mineral (SAR.AX)
Indicator:
% VOLUME OSCILLATOR
Last Signal:
BULLISH
Trading: HOLD @ $3.26
Signal Strength: MEDIUM
Recommendation:
Saracen Mineral (ASX:SAR) currently has positive PVO 0.73%. The recent volume is gaining momentum through a rise on the short term exponential moving average. Currently, the return on PVO is -4.5%.
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 Volume Oscillator (PVO) is a momentum oscillator for volume. PVO measures the difference between two volume-based moving averages as a percentage of the larger moving average. As with MACD and the Percentage Price Oscillator (PPO) it is shown with a signal line a histogram and a centreline.
Calculation: Percentage Volume Oscillator (PVO):
1) Percentage Volume Oscillator (PVO): ((12-day EMA of Volume - 26-day EMA of Volume)/26-day EMA of Volume) x 100;
2) Signal Line: 9-day EMA of PVO;
3) Histogram: PVO - Signal Line;
PROFILE: Saracen Mineral (SAR.AX)
Stock Exchange: ASX
Company: Saracen Mineral
Ticker Codes: | SAR.AX | ASX:SAR |
Saracen Mineral Holdings Limited engages in the gold mining business in Australia. It also explores for nickel deposits. The company holds 100% interest in the Carosue Dam operations located in north-east of Kalgoorlie, Western Australia. It also holds interests in Thunderbox operations located in the Yandal belt and the Agnew-Wiluna belt in the North Eastern Goldfields of Western Australia. Saracen Mineral Holdings Limited is headquartered in Perth, Australia.
Top 10:
% Volume Oscillator
| Company | Close | Change(%) | Volume | Value | Signal |
|---|---|---|---|---|---|
| APX Appen | 22.66 | 5.9 | 1,026,466 | 5.88 | BULLISH |
| NMT Neometals | 0.2 | 5.3 | 241,577 | 13.26 | BULLISH |
| BAF Blue Sky Alternatives | 0.92 | 5.1 | 936,302 | 34.16 | BULLISH |
| SMN Structural Monitoring Systems | 0.98 | 4.8 | 47,285 | 10.65 | BULLISH |
| SGF SG Fleet | 2.68 | 4.7 | 164,520 | 15.41 | BULLISH |
| BEE Broo | 0.02 | 4.5 | 172,843 | 9.46 | BULLISH |
| KAR Karoon Gas Australia | 1.1 | 3.8 | 5,014,070 | 23.61 | BULLISH |
| IPD Impedimed | 0.17 | 3.1 | 1,756,283 | 14.16 | BULLISH |
| EMH European Metals Holdings | 0.36 | 2.9 | 33,002 | 16.87 | BULLISH |
| CAT Catuity | 1.77 | 2.9 | 1,802,691 | 35.77 | BULLISH |