Trading indicator
% Price 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
% Price Oscillator
Score
-2.65
| Position | Trades | Duration | Win Rate | Win/Loss | Avg Win | Avg Loss | Return |
|---|---|---|---|---|---|---|---|
| LONG | 6 | 39.2 | 0.00% | 0.00% | 0.0% | -4.3% | -25.7% |
| SHORT | 8 | 54.3 | 0.25% | 0.29% | 2.5% | -3.3% | -18.0% |
Summary
Technical Analysis
Spark Infrastructure (SKI.AX)
Indicator:
% PRICE OSCILLATOR
Last Signal:
BEARISH
Trading: SELL @ $2.33
Signal Strength: STRONG
Recommendation:
Spark Infrastructure (ASX:SKI) currently has negative PPO -0.536%. This means the current price is losing momentum through a fall on the short term exponential moving average.
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 Price Oscillator (PPO) is a momentum oscillator that measures the difference between two moving averages as a percentage of the larger moving average.
Calculation: Percentage Price Oscillator (PPO):
1) PPO Line: {(12-day EMA - 26-day EMA)/26-day EMA} x 100;
2) Signal Line: 9-day EMA of PPO;
3) Histogram: PPO - Signal Line;
PROFILE: Spark Infrastructure (SKI.AX)
Stock Exchange: ASX
Company: Spark Infrastructure
Ticker Codes: | SKI.AX | ASX:SKI |
Spark Infrastructure Group is a publicly owned investment manager. The firm invests in the regulated utility infrastructure markets across the globe. Spark Infrastructure Group is based in Sydney, Australia.
Top 10:
% Price Oscillator
| Company | Close | Change(%) | Volume | Value | Signal |
|---|---|---|---|---|---|
| ASX Australian Stock Exchange | 85.85 | 3.2 | 484,008 | 2.02 | BULLISH CROSSOVER |
| MGR Mirvac | 3.23 | 1.6 | 12,056,502 | 0.3 | BULLISH CROSSOVER |
| APZ Aspen | 1.1 | 1.4 | 48,069 | 0.11 | BULLISH CROSSOVER |
| PMV Premier Investments | 16.25 | 1.1 | 239,554 | 0.21 | BULLISH CROSSOVER |
| BRG Breville | 18.08 | 0.7 | 187,532 | 0.62 | BULLISH CROSSOVER |
| ARG Argo Investments | 8.28 | 0.4 | 227,523 | 0.01 | BULLISH CROSSOVER |
| FNP Freedom Nutritional Products | 4.74 | -0.8 | 245,717 | 0.41 | BULLISH CROSSOVER |
| RIC Ridley Corporation | 1.12 | -0.9 | 173,982 | 0.27 | BULLISH CROSSOVER |
| LNG Liquefied Natural Gas | 0.27 | -8.5 | 3,873,155 | 0.41 | BULLISH CROSSOVER |