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

Average Directional Index

Score

1.4

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 4 150.8 1.00% % 20.5% % 82.2%
SHORT 3 35.0 0.33% 0.50% 13.3% -8.8% -4.3%

Summary

Technical Analysis

Santos (STO.AX)


Indicator:

AVG DIRECTIONAL INDEX


Last Signal:

WEAK TREND


Trading: HOLD @ $7.2
Signal Strength: MEDIUM
Recommendation:

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has been constructed to highlight the existence of a trend for an assocaited timeframe. Trend determining indicators can be used in short, medium or long term timeframes & determines if the stock is trending or ranging. Once the trend status is quantified, this can then be coupled to additional indicators to add a significant advantage to the trading strategy.


Santos (ASX:STO) has confirmed a weak trend is presentSantos has an ATR(14) of 0.146, a DX of 20.51 & an ADX(14) of 13.33



The Average Directional Index (ADX) Minus Directional Indicator (-DI) and Plus Directional Indicator (+DI) represent a group of directional movement indicators that form a trading system developed by Welles Wilder.

Calculation: Average Directional Movement Index (ADX):
Trend Strength ;
1) 0-25 = Absent or Weak Trend;
2) 25-50 = Strong Trend;
3) 50-75 = Very Strong Trend;
4) 75-100 Extremely Strong Trend;


PROFILE: Santos (STO.AX)


Stock Exchange: ASX
Company: Santos
Ticker Codes: | STO.AX | ASX:STO |

About Santos (ASX:STO):

Santos Limited explores for, develops, produces, transports, and markets hydrocarbons for homes, businesses, and major industries in Australia and Asia. The company produces natural gas, such as liquefied petroleum gas, ethane, methane, coal seam gas, liquefied natural gas, shale gas, and condensate, as well as oil. Its proved plus probable petroleum reserves include 848 million barrels of oil equivalent. The company was founded in 1954 and is headquartered in Adelaide, Australia.

Top 10:

Average Directional Index

Download
Company Close Change(%) Volume Value Signal
ASL Ausdrill 1.74 10.5 8,810,838 20.69 NEUTRAL
AJX Alexium International 0.16 6.9 1,232,642 -20.12 NEUTRAL
TLG Talga Gold 0.49 6.6 113,070 22.11 NEUTRAL
BTI Bailador Technology Investments 1.03 6.2 579,514 16.27 NEUTRAL
MSB Mesoblast 1.44 5.1 1,597,792 -13.67 NEUTRAL
DMP Domino 39.13 3.9 396,639 -12.47 NEUTRAL
TNE Technology One 7.97 3.8 1,203,157 -19.51 NEUTRAL
AJM Altura Mining 0.14 3.7 8,303,659 -21.49 NEUTRAL
SGF SG Fleet 2.92 3.5 163,398 24.89 NEUTRAL
LEP Ale Property 4.97 3.3 74,519 -20.82 NEUTRAL