Vocus Communications

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

-1.2

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 50 11.8 0.56% 1.08% 3.0% -4.3% -25.8%
SHORT 49 4.6 0.43% 0.70% 2.3% -3.4% -54.3%

Summary

Technical Analysis

Vocus Communications (VOC.AX)


Indicator:

ELDER RAY INDEX


Last Signal:

BEARISH


Trading: SELL @ $3.32
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.


Vocus Communications (ASX:VOC) Elder Ray Index is signalling a Bearish 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: Vocus Communications (VOC.AX)


Stock Exchange: ASX
Company: Vocus Communications
Ticker Codes: | VOC.AX | ASX:VOC |

About Vocus Communications (ASX:VOC):

Vocus Group Limited provides telecommunications and other services in Australia and New Zealand. The company provides data network solutions and fibre optic cable laid under the VOCUS communications brand; IP voice solutions under the engine brand; business communication and technology solutions under the commander brand; telecommunication and insurance products under the dodo brand; and broadband solutions under the iPRIMUS, slingshot, flip, and orcon brands, as well as VoIP solution for small businesses and wholesale customers under the 2talk brand. It also offers utilities services, such as energy services to asset owners, multi-tenanted buildings, property developments, and sports clubs under the switch brand. The company was formerly known as Vocus Communications Limited and changed its name to Vocus Group Limited in December 2016. Vocus Group Limited was incorporated in 2008 and is based in Melbourne, Australia.

Top 10:

Elder Ray Index

Download
Company Close Change(%) Volume Value Signal
AJX Alexium International 0.13 13 328,122 0.02 BULLISH
EWC Energy World Corporation 0.08 10.8 945,847 0.17 BULLISH
BOC Bougainville Copper 0.11 10 84,981 0.35 BULLISH
PNV Polynovo 1.4 9.8 3,261,201 0.28 BULLISH
MGX Mount Gibson Iron 1.06 9.3 5,320,324 0 BULLISH
GGG Greenland Minerals 0.14 8 2,362,420 0.18 BULLISH
CAJ Capitol Health 0.22 7.3 466,982 0.04 BULLISH
MNF My Net Fone 3.73 7.2 55,752 0.01 BULLISH
CLQ Clean Teq Holdings 0.32 6.7 1,263,824 0.26 BULLISH
BSL Bluescope Steel 11.73 6.5 4,817,859 0.01 BULLISH