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

Detrended Price Oscillator

Score

-1.2

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 21 13.4 0.14% 0.17% 3.6% -3.1% -45.6%
SHORT 21 22.6 0.33% 0.50% 8.5% -2.6% 22.5%

Summary

Technical Analysis

Servcorp (SRV.AX)


Indicator:

DETREND PRICE OSCILLARTOR


Last Signal:

BULLISH


Trading: BUY @ $3.18
Signal Strength: STRONG
Recommendation:

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has the ability to highlight trends across numerous timeframes. This indicator has the ability to smooth historical results to illustrate trend initiation and status. Although this is a simple trend following indicator & can provide good results when coupled with the right indicator. Note, this indicator does not work well in ranging markets producing unwanted whipsaws and false signals.


Servcorp (ASX:SRV) currently has a confirmed uptrend. Price is currently above the displaced moving average for SRV Currently, the return on DPO20 is 4.3%.



The Detrended Price Oscillator (DPO) is an indicator designed to remove trend from price and make it easier to identify cycles. DPO does not extend to the last date because it is based on a displaced moving average. However alignment with the most recent is not an issue because DPO is not a momentum oscillator. Instead DPO is used to identify cycle’s highs/lows and estimate cycle length.

Calculation: Detrended Price Oscillator (DPO):
1) Price (X/2 + 1) periods ago minus X-period simple moving average.
Where X is the number of periods;


PROFILE: Servcorp (SRV.AX)


Stock Exchange: ASX
Company: Servcorp
Ticker Codes: | SRV.AX | ASX:SRV |

About Servcorp (ASX:SRV):

Servcorp Limited provides executive serviced and virtual offices; and IT, communications, and secretarial services. Its serviced offices include furnished CBD office suites with a receptionist, meeting rooms, IT infrastructure, and support services; and virtual offices provide services, facilities, and IT to businesses. The company operates in Australia, New Zealand, Southeast Asia, the United States, Europe, the Middle East, North Asia, and internationally. Servcorp Limited was founded in 1978 and is headquartered in Sydney, Australia.

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Detrended Price Oscillator

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