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
1.0
| Position | Trades | Duration | Win Rate | Win/Loss | Avg Win | Avg Loss | Return |
|---|---|---|---|---|---|---|---|
| LONG | 3 | 135.7 | 1.00% | % | 18.7% | % | 56.0% |
| SHORT | 3 | 80.0 | 0.67% | 2.00% | 17.7% | -11.7% | 23.7% |
Summary
Technical Analysis
St Barbara Mines (SBM.AX)
Indicator:
AROON OSCILLATOR
Last Signal:
STRONG BULLISH
Trading: BUY @ $3.55
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.
St Barbara Mines (ASX:SBM) has a current ARO(25) of 68.0000. This has change 4 points from yesterday.
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: St Barbara Mines (SBM.AX)
Stock Exchange: ASX
Company: St Barbara Mines
Ticker Codes: | SBM.AX | ASX:SBM |
St Barbara Limited, together with its subsidiaries, engages in the exploration, development, mining, and sale of gold. It operates through two segments, Leonora Operations and Simberi Operations. The company primarily explores for gold and copper-gold porphyry deposits. Its properties include the Gwalia underground mine located in Leonora, Western Australia; and the Simberi gold mine located in New Ireland province, Papua New Guinea. St Barbara Limited was incorporated in 1969 and is based in Melbourne, Australia.
Top 10:
Aroon Oscillator
| Company | Close | Change(%) | Volume | Value | Signal |
|---|---|---|---|---|---|
| ONE Oneview Healthcare | 0.29 | 11.8 | 184,305 | 64 | BULLISH |
| NST Northern Star Resources | 13.47 | 6 | 4,840,454 | 76 | BULLISH |
| OMH OM Holdings | 0.86 | 5.5 | 28,581 | 96 | BULLISH |
| AGG Anglogold Ashanti | 5.56 | 5.1 | 467,306 | 60 | BULLISH |
| RRL Regis Resources | 6.38 | 4.9 | 5,376,386 | 72 | BULLISH |
| URF Us Masters Residential Property Fund | 0.9 | 4.7 | 25,678 | 32 | BULLISH |
| EQT Equity Trustees | 31.4 | 4.3 | 6,694 | 4 | BULLISH |
| ASB Austal | 4.13 | 4 | 5,275,463 | 88 | BULLISH |
| IFM Infomedia | 1.96 | 3.7 | 966,846 | 88 | BULLISH |
| CDD Cardno | 0.91 | 3.4 | 46,691 | 32 | BULLISH |