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%

What indicators would you like to backtest?

Trading Performance

Elder's Force Index

Score

1.55

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 42 9.5 0.67% 2.00% 3.5% -2.5% 64.0%
SHORT 43 9.2 0.44% 0.76% 4.2% -1.8% 35.0%

Summary

Technical Analysis

Washington H Soul Pattison & Co (SOL.AX)


Indicator:

ELDERS FORCE INDEX


Last Signal:

BULLISH


Trading: BUY @ $22.81
Signal Strength: MEDIUM
Recommendation:

Volatility indicators highlight potential moves of a stock which can either move sharply in the updwards or downwards direction. This indicator allows stocks to be compared on a level playing field to highlight high and low volatility. Normally, falling markets are more likely to be volatile than a rising markets due to the emotion that gets tied to trading. Use volatility indicators in conjunction with other indicators to reduce exposure to false moves.


Washington H Soul Pattison & Co (ASX:SOL) current price has highlighted recent buying pressure. Currently, the Elders Force Index is 7359.



Elders Force Index (EFI) measures the power behind a price movement using price and volume. The indicator can also be used to identify potential reversals and price corrections. The EFI is an oscillator that fluctuates between positive and negative values above and below a Zero Line.

Calculation: Elders Force Index (EFI):
1) Close – Close yesterday x Volume;


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:

Elder's Force Index

Download
Company Close Change(%) Volume Value Signal
CSV CSG 0.17 26.9 1,235,815 10,246 BULLISH
ADA Adacel Technologies 0.68 22.5 435,672 7,363 BULLISH
PNR Pacific Niugini Minerals 0.2 21.2 8,666,174 10,295 BULLISH
MOY Millennium Minerals 0.07 15.8 5,801,793 1,318 BULLISH
BOC Bougainville Copper 0.12 9.1 27,100 64,003 BULLISH
APD Apn Property 0.51 8.6 192,400 61,946 BULLISH
AJX Alexium International 0.14 7.7 338,030 99,311 BULLISH
CYB Cybg 3.61 7.1 8,929,630 572 BULLISH
RRL Regis Resources 4.93 5.8 5,277,394 19,235 BULLISH
OGC Oceanagold Corporation 4.56 5.6 704,484 66,442 BULLISH