Virgin Australia Holdings

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 Ray Index

Score

1.3

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 47 11.2 0.66% 0.97% 3.4% -1.6% 55.6%
SHORT 47 6.1 0.79% 1.37% 2.4% -1.6% 44.9%

Summary

Technical Analysis

Virgin Australia Holdings (VAH.AX)


Indicator:

ELDER RAY INDEX


Last Signal:

BULLISH


Trading: BUY @ $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) Elder Ray Index is signalling a Bullish movement



A technical indicator developed by Alexander Elder that measures the amount of buying and selling pressure in the market. This indicator consists of two separate indicators known as bull power and bear power. These figures allow a trader to determine the position of the price relative to a certain exponential moving average (EMA).

Calculation: Elder Ray Index (ERI):
1) Bull Power = Daily High - n-period EMA;
2) Bear Power = Daily Low - n-period EMA;


PROFILE: Virgin Australia Holdings (VAH.AX)


Stock Exchange: ASX
Company: Virgin Australia Holdings
Ticker Codes: | VAH.AX | ASX:VAH |

About Virgin Australia Holdings (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 Ray Index

Download
Company Close Change(%) Volume Value Signal
EWC Energy World Corporation 0.07 15 2,437,137 0.15 BULLISH
PPS Praemium 0.41 9.3 3,235,337 0 BULLISH
EDE Eden Energy 0.03 7.1 1,425,845 0.02 BULLISH
DWS DWS 1.13 6.6 119,422 0 BULLISH
VGL Volante 5.8 6.4 1,417 0.01 BULLISH
WGX Westgold Resources 1.69 6.3 616,095 0 BULLISH
CAT Catuity 1.27 6.3 779,850 0.1 BULLISH
IMD Imdex 1.1 5.8 2,149,957 0.25 BULLISH
NST Northern Star Resources 10.54 5.6 3,773,663 0.89 BULLISH
GOR Gold Road Resources 1.05 5.6 2,804,920 0.2 BULLISH