Trading indicator
Elder's Force IndexBacktest 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% |
Trading Performance
Elder's Force Index
Score
-0.5
| Position | Trades | Duration | Win Rate | Win/Loss | Avg Win | Avg Loss | Return |
|---|---|---|---|---|---|---|---|
| LONG | 29 | 13.4 | 0.55% | 0.73% | 2.3% | -2.3% | -13.9% |
| SHORT | 30 | 12.9 | 0.57% | 1.06% | 3.5% | -4.6% | -14.0% |
Summary
Technical Analysis
Virgin Australia Holdings (VAH.AX)
Indicator:
ELDERS FORCE INDEX
Last Signal:
BEARISH
Trading: SELL @ $0.17
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.
Virgin Australia Holdings (ASX:VAH) current price has highlighted recent selling pressure. Currently, the Elders Force Index is -238.
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: Virgin Australia Holdings (VAH.AX)
Stock Exchange: ASX
Company: Virgin Australia Holdings
Ticker Codes: | VAH.AX | ASX:VAH |
Virgin Australia Holdings Limited engages in the operation of domestic and international airline business in Australia. The company operates through Virgin Australia Domestic, Virgin Australia International, Velocity, and Tigerair Australia segments. Its aircraft flies to domestic destinations, including regional network and cargo operations; and international destinations comprising Trans-Pacific, Abu Dhabi, Trans-Tasman, Pacific Island, and South East Asian routes, as well as international cargo operations. The company's fleet primarily includes Boeing B737 and B777, Airbus A320 and A330, ATR, and F100 aircraft. It also operates a frequent flyer program. The company serves corporate, government, leisure, low cost, regional, charter travelers, and air freight customers. It has strategic alliances with Air New Zealand Limited, Delta Air Lines Inc., Etihad Airways P.J.S.C., Singapore Airlines Limited, and HNA Aviation. The company was formerly known as Virgin Blue Holdings Limited and changed its name to Virgin Australia Holdings Limited in 2011. Virgin Australia Holdings Limited was founded in 2000 and is based in Bowen Hills, Australia.
Top 10:
Elder's Force Index
| Company | Close | Change(%) | Volume | Value | Signal |
|---|---|---|---|---|---|
| IPD Impedimed | 0.12 | 9.5 | 2,638,079 | -428 | BEARISH |
| MGX Mount Gibson Iron | 1.06 | 9.3 | 5,320,324 | -1,248 | BEARISH |
| CAJ Capitol Health | 0.22 | 7.3 | 466,982 | -1,050 | BEARISH |
| MNF My Net Fone | 3.73 | 7.2 | 55,752 | -3,518 | BEARISH |
| NAN Nanosonics | 5.6 | 5.7 | 3,678,008 | -129,854 | BEARISH |
| COE Cooper Energy | 0.56 | 5.7 | 2,753,925 | -119 | BEARISH |
| IDX Integral Diagnostics | 3.04 | 4.8 | 42,581 | -214 | BEARISH |
| PTM Platinum Asset Management | 4.81 | 4.8 | 2,130,936 | -356 | BEARISH |
| XIP Xenith Ip | 2.2 | 4.3 | 130,384 | -545,126 | BEARISH |
| IFT Infratil | 4.4 | 4.3 | 27,284 | -61,038 | BEARISH |