Sealink Travel

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%

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Trading Performance

Daily Volume Index

Score

-2.05

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 16 20.7 0.13% 0.14% 1.0% -2.1% -28.2%
SHORT 15 28.1 0.40% 0.55% 2.6% -2.4% -10.8%

Summary

Technical Analysis

Sealink Travel (SLK.AX)


Indicator:

DAILY VOLUME INDEX


Last Signal:

BULLISH


Trading: HOLD @ $3.7
Signal Strength: MEDIUM
Recommendation:

Sealink Travel (ASX:SLK) current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the DVI is 205.


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: Sealink Travel (SLK.AX)


Stock Exchange: ASX
Company: Sealink Travel
Ticker Codes: | SLK.AX | ASX:SLK |

About Sealink Travel (ASX:SLK):

SeaLink Travel Group Limited operates as a tourism and transport company in Australia. It operates through Kangaroo Island Sealink, Captain Cook Cruises, and Sealink Queensland segments. The company provides passenger and freight ferry services between Cape Jervis and Kangaroo Island in South Australia; tourist cruises and other charter cruises on Sydney Harbour in New South Wales under the Captain Cook Cruises brand, as well as regular ferry passenger services; Murray river cruising aboard services in South Australia; and passenger ferry services between Townsville, and Magnetic Island and Palm Island in Queensland, as well as between Darwin and Mandorah, and Darwin and Tiwi Islands. It also offers travel agency services in Adelaide and Sydney; coach tours in South Australia and Kangaroo Island; and packaging holidays in Australia, as well as operates accommodation and restaurant facilities at Vivonne Bay Lodge on Kangaroo Island. The company was formerly known as TravelLink Limited and changed its name to SeaLink Travel Group Limited in September 2008. SeaLink Travel Group Limited was founded in 1989 and is headquartered in Adelaide, Australia.

Top 10:

Daily Volume Index

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CGS Cogstate 0.22 10 8,100 1,201 BULLISH
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CUV Clinuvel Pharmaceuticals 32.81 5.2 256,141 1,500 BULLISH
RSG Resolute Mining 1.82 4.6 12,510,848 89,218 BULLISH
PRT Prime Television 0.23 4.5 173,226 3,912 BULLISH
SHJ Shine Corporate 0.71 4.4 63,355 3,124 BULLISH
PEA Pacific Energy 0.72 4.3 988,388 2,753 BULLISH
SLR Silver Lake Resources 1.51 4.1 7,485,218 134,162 BULLISH
BWX BWX 2.28 4.1 75,224 2,575 BULLISH