Speedcast International

What indicators would you like to setup a trade for?

Candlestick Daily volume index Bar reversal Edit

Trade 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%

What indicators would you like to backtest?

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%

Company

Indicator

Code Company Date Close Change Indicator Value Signal

Trading Performance

Cole's Reaction Day

Score

0.05

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 25 26.8 0.52% 0.87% 4.9% -11.4% -106.5%
SHORT 25 4.0 0.72% 1.38% 2.1% -1.3% 20.5%

Summary

Technical Analysis

Speedcast International (SDA.AX)


Indicator:

COLES RALLY/REACTION DAY


Last Signal:

NEUTRAL


Trading: HOLD @ $0.79
Signal Strength: MEDIUM
Recommendation:

Volatility indicators highlight potential moves of a stock which can either move sharply in the updwards or downwards direction. This indicator allows stocks to be compared on a level playing field to highlight high and low volatility. Normally, falling markets are more likely to be volatile than a rising markets due to the emotion that gets tied to trading. Use volatility indicators in conjunction with other indicators to reduce exposure to false moves.


Speedcast International (ASX:SDA)


Roger Cole devised a method to use rally and reaction days. Cole disregarded inside and outside days to find three rally days in a row or three reactions in a row. This is like three soldiers or three crows in candlestick pattern analysis, except Cole allowed for inside or outside days to intervene. Three soldiers and three crows, while rare, are extremely reliable. So Cole gave us some relief from a strict definition, but traded off increased frequency at the expense of reliability. Cole also used moving average crossovers to augment the two-day (rally, reaction, inside, outside day) results.

Calculation: Coles Reaction Day:
1) Rally Day: High > High yesterday & Low > Low yesterday;
2) Reaction Day: High > High yesterday & Low < Low yesterday


PROFILE: Speedcast International (SDA.AX)


Stock Exchange: ASX
Company: Speedcast International
Ticker Codes: | SDA.AX | ASX:SDA |

About Speedcast International (ASX:SDA):

SpeedCast International Limited, together with its subsidiaries, provides remote communications and IT services worldwide. It designs, deploys, operates, and maintains networks, including installation and configuration of equipment; and offers value added services, such as user applications, network optimization, and networking monitoring and management. The company also sells equipment, including very small aperture terminal terminals, modems, routers, and other types of equipment related to the provisioning of value-added services; and provides wholesale voice services to telecom customers. In addition, it offers technical manpower services; project management and systems integration services to public safety, utility, oil and gas, and maritime clients; turnkey systems integration of communication, security, and crew morale solutions; and maritime and offshore satellite communication and broadband services, and IT solutions. SpeedCast International Limited has a strategic alliance with SRH Marine. The company was founded in 1999 and is headquartered in Botany, Australia.

Top 10:

Cole's Reaction Day

Download
Company Close Change(%) Volume Value Signal
REX Regional Express 0.54 33.8 285,693 0 NEUTRAL
EMH European Metals Holdings 0.3 20.4 370,681 0 NEUTRAL
AJX Alexium International 0.04 17.6 638,300 0 NEUTRAL
MNS Milnes Holdings 0.07 16.4 1,133,686 0 NEUTRAL
ATL ASX 20 0.1 16.3 289,754 0 NEUTRAL
BFC Beston Global Food 0.08 14.3 399,394 0 NEUTRAL
BKY Berkeley Resources 0.16 14.3 542,159 0 NEUTRAL
VRL Village Roadshow 1.14 14 354,335 0 NEUTRAL
SXY Senex Energy 0.17 13.8 12,008,077 0 NEUTRAL
KMD Kathmandu 0.96 13 1,085,149 0 NEUTRAL