Washington H Soul Pattison & Co

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

Williams %R

Score

0.25

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 43 8.5 0.77% 3.00% 2.5% -5.1% 26.8%
SHORT 42 10.6 0.48% 0.91% 1.9% -2.1% -8.7%

Summary

Technical Analysis

Washington H Soul Pattison & Co (SOL.AX)


Indicator:

WILLIAMS %R


Last Signal:

BULLISH


Trading: BUY @ $22.92
Signal Strength: STRONG
Recommendation:

Indicator is best used in conjunction with additional indicators as it has the ability to highlight potential overbought or oversold levels. This indicator utilizes upper and lower bands to visually represent price extremes associated with the bands. Additional value can be added to the trading strategy by accessing divergences between price and volume.


Washington H Soul Pattison & Co (ASX:SOL) is currently Oversold highlighting the potential for a short term trend reversal in the upward direction.



Developed by Larry Williams, Williams %R is a momentum indicator that is the inverse of the Fast Stochastic Oscillator. Also referred to as %R Williams %R reflects the level of the close relative to the highest high for the look-back period.

Calculation: Williams %R:
1) %R = (Highest High - Close)/(Highest High - Lowest Low) * -100;
2) Lowest Low = lowest low for the look-back period Highest High = highest high for the look-back period %R is multiplied by -100 correct the inversion and move the decimal;


PROFILE: Washington H Soul Pattison & Co (SOL.AX)


Stock Exchange: ASX
Company: Washington H Soul Pattison & Co
Ticker Codes: | SOL.AX | ASX:SOL |

About Washington H Soul Pattison & Co (ASX:SOL):

Washington H. Soul Pattinson and Company Limited, together with its subsidiaries, engages in the ownership of shares, coal mining, gold and copper mining and refining, property investment, and consulting businesses. The company operates through Investing Activities, Energy, Copper and Gold Operations, Corporate Advisory, and Property segments. The Investing Activities segment invests in cash, term deposits, and diversified equity investments portfolio. The Energy segment engages in the coal, oil, and gas activities, which include exploration, development, production, processing, associated transport infrastructure, and ancillary activities. The Copper and Gold Operations segment is involved in the copper and gold mining activities that include exploration, mining, and processing of ore into copper concentrate, copper sulphide, and gold. The Property segment engages in the identification, investment, management, and rental of real estate properties. The company was founded in 1872 and is based in Sydney, Australia.

Top 10:

Williams %R

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