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

Momentum Oscillator

Score

-1.35

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
SHORT 28 15.5 0.32% 0.45% 10.5% -3.6% 22.2%
LONG 29 11.4 0.21% 0.25% 3.0% -3.8% -73.5%

Summary

Technical Analysis


Momentum measures the rate of change in closing prices and is used to detect trend weakness and likely reversal points. It is often underrated because of its simplicity. High Momentum readings (positive or negative) occur when a trend is at its strongest. Lower readings are found at the start and end of trends. Overbought and oversold levels are set separately for each security based on the performance of the indicator over past cycles.

Calculation: Momentum Oscillator (MOM):
1) Closing Price [today] - Closing Price [n days ago];


PROFILE: Shriro (SHM.AX)


Stock Exchange: ASX
Company: Shriro
Ticker Codes: | SHM.AX | ASX:SHM |

About Shriro (ASX:SHM):

Shriro Holdings Limited manufactures and distributes kitchen appliances and consumer products in Australia and New Zealand. It operates through Kitchen Appliances and Consumer Products segments. The Kitchen Appliances segment offers ovens, cooktops, rangehoods, dishwashers, sinks, taps, ironing systems, and laundry tubs, as well as waste disposal and ducting solutions. The Consumer Products segment provides watches, calculators, electronic musical instruments, projectors, point of sale terminals, cameras, barbeques, heaters, fans, air purifiers/dehumidifiers, and speakers, as well as fashion, car audio, professional DJ, amplifier, and Hi Fi products. The company offers its products under its own brands, including Omega, Robinhood, Everdure, and Omega Altise; and third party owned brands, such as Casio, Blanco, and Pioneer. Shriro Holdings Limited was incorporated in 2015 and is headquartered in Kingsgrove, Australia.

Top 10:

Momentum Oscillator

Download
Company Close Change(%) Volume Value Signal
BAF Blue Sky Alternatives 0.92 5.1 936,302 0.09 BULLISH
SGF SG Fleet 2.68 4.7 164,520 0.31 BULLISH
BEE Broo 0.02 4.5 172,843 0.01 BULLISH
PSQ Pacific Smiles 1.77 4.1 3,500 0.16 BULLISH
CAT Catuity 1.77 2.9 1,802,691 0.44 BULLISH
EMH European Metals Holdings 0.36 2.9 33,002 0.08 BULLISH
ZIM Zimbabwe Platinum Mines 11 2.8 2,697 0.2 BULLISH
URF Us Masters Residential Property Fund 0.75 2.7 96,580 0.04 BULLISH
PRT Prime Television 0.21 2.5 157,508 0.03 BULLISH
PMV Premier Investments 19.84 2.5 358,300 0.54 BULLISH