Spark Infrastructure

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?

Trading Performance

Daily Volume Index

Score

-0.35

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 22 15.4 0.50% 0.85% 2.4% -2.8% -9.8%
SHORT 22 19.4 0.45% 0.67% 2.9% -2.0% -0.5%

Summary

Technical Analysis

Spark Infrastructure (SKI.AX)


Indicator:

DAILY VOLUME INDEX


Last Signal:

BULLISH CROSSOVER


Trading: BUY @ $2.51
Signal Strength: STRONG
Recommendation:

Spark Infrastructure (ASX:SKI) current price has highlighted the commencement of accumulation and the start of bullish trading conditions. Currently, the DVI is 957.


A bullish crossover has been confirmed due the last trading session with is a strong indication of a diretional change. This indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. Indicator can be applied to the short/medium term timeframe, but the best results are obtained with larger cyclical swings in-line with the trend direction. This accumulation / distribution oscillator can provide guidance on the money flow direction from the companies recent trading.


The daily volume index (DVI) is the amount of individual securities traded in a day on average over a specified period of time. Trading activity relates to the liquidity of a security. When average daily trading volume is high the stock can be easily traded and has high liquidity if trading volume is not very high and the security will tend to be less expensive because people are not as willing to buy it. As a result average daily trading volume can have an effect on the price of the security.

Calculation: Daily Volume Index (DVI):
1) [Close]-[Average price] / [Average price] x [Volume];


PROFILE: Spark Infrastructure (SKI.AX)


Stock Exchange: ASX
Company: Spark Infrastructure
Ticker Codes: | SKI.AX | ASX:SKI |

About Spark Infrastructure (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:

Daily Volume Index

Download
Company Close Change(%) Volume Value Signal
BOC Bougainville Copper 0.11 10 84,981 153 BULLISH CROSSOVER
MAH Macmahon 0.21 5.1 1,402,377 846 BULLISH CROSSOVER
API Australian Pharmaceutical 1.38 3.4 2,092,952 1,039 BULLISH CROSSOVER
PPH Pan Pharmaceuticals 3.72 2.5 185,877 94 BULLISH CROSSOVER
SYD Sydney Airport 7.92 2.3 6,169,302 5,842 BULLISH CROSSOVER
LLC Lend Lease Corporation 13 2 2,862,425 73 BULLISH CROSSOVER
NXT Nextdc 6.85 1.9 1,098,285 240 BULLISH CROSSOVER
ANN Ansell 26.5 1.9 608,623 142 BULLISH CROSSOVER
IRE Iress Market Technology 13.96 1.9 562,741 318 BULLISH CROSSOVER
KAR Karoon Gas Australia 0.88 1.7 1,418,970 535 BULLISH CROSSOVER