Sonic Healthcare

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?

Company

Indicator

Code Company Date Close Change Indicator Value Signal

Trading Performance

Bollinger Bands

Score

1.0

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 9 55.1 0.44% 0.80% 9.7% -1.5% 31.3%
SHORT 9 21.6 0.22% 0.29% 7.7% -1.5% 4.6%

Summary

Technical Analysis


The purpose of the Bollinger Bands is to provide a relative definition of high and low. By definition prices are high at the upper band and low at the lower band. This definition can aid in rigorous pattern recognition and is useful in comparing price action of the action of indicators to arrive at systematic trading decision.

Calculation: Bollinger Bands:
1) Middle Band = 20-day simple moving average (SMA);
2) Upper Band = 20-day SMA + (20-day standard deviation of price x 2);
3) Lower Band = 20-day SMA - (20-day standard deviation of price x 2);


PROFILE: Sonic Healthcare (SHL.AX)


Stock Exchange: ASX
Company: Sonic Healthcare
Ticker Codes: | SHL.AX | ASX:SHL |

About Sonic Healthcare (ASX:SHL):

Sonic Healthcare Limited, a healthcare company, provides medical diagnostic services, and administrative services and facilities to medical practitioners. It operates through Laboratory, Imaging, and Other segments. The company offers laboratory medicine/pathology, diagnostic imaging, and radiology services to physicians, hospitals, community health services, and their collective patients. It also operates primary care medical centers and independent practitioner network. In addition, the company provides occupational health services, remote health services, community and home nursing services, primary care research programs, health assessment technologies, hospital avoidance programs, and clinical trials and chronic disease management programs, as well as GP services. It has operations in Australia, New Zealand, the United Kingdom, the United States, Germany, Switzerland, Belgium, and Ireland. The company was formerly known as Sonic Technology Australia Limited and changed its name to Sonic Healthcare Limited in November 1995. The company is headquartered in Macquarie Park, Australia.

Top 10:

Bollinger Bands

Download
Company Close Change(%) Volume Value Signal
ATL ASX 20 0.43 10.4 117,204 -35.69 BEARISH
BSA Broadcast Services Australia 0.34 7.9 824,051 -7 BEARISH
SUL Super Cheap Auto 9.75 7.9 2,023,965 -33.54 BEARISH
SWM Seven West Media 0.4 6.7 22,528,171 -41.88 BEARISH
EWC Energy World Corporation 0.07 5.8 402,315 -37.79 BEARISH
DNK Danakali 0.67 4.7 143,231 -29.75 BEARISH
MOY Millennium Minerals 0.13 4.2 1,692,090 -28.03 BEARISH
LVH Livehire 0.26 4 304,869 -6.37 BEARISH
COH Cochlear 209.43 3.9 588,882 -42.84 BEARISH
CYB Cybg 2.48 3.8 5,776,731 -20.72 BEARISH