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

MACD Volume

Score

0.55

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 37 10.1 0.65% 1.26% 2.2% -1.6% 21.7%
SHORT 37 10.6 0.59% 1.22% 1.7% -2.2% -1.7%

Summary

Technical Analysis

Wellcom (WLL.AX)


Indicator:

VOLUME MACD


Last Signal:

BULLISH


Trading: HOLD @ $5.46
Signal Strength: MEDIUM
Recommendation:

Wellcom (ASX:WLL) currently has positive Volume MACD of 1441. This means the signal line is greater than the Volume MACD line signalling a bullish movement.

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has the ability to detect the speed of movement & give an early signal for a potential movement. By understanding the rate at which the price is moving in respect to the stocks historical trades, enables positions to be set in place based on changes in the speed of movement


Volume Moving Average Convergence/Divergence (VMACD) is an indicator that shows the relationship between two moving averages. It is calculated as a difference between the fast and slow moving averages. The historically popular is the difference between a securities 26-day and 12-day Exponential Moving Averages (EMA).

Calculation: Moving Average Convergence Divergence Volume (VMACD):
1) VMACD Line: (12-day EMA - 26-day EMA);
2) Signal Line: 9-day EMA of VMACD Line;
3) VMACD Histogram: VMACD Line - Signal Line;


PROFILE: Wellcom (WLL.AX)


Stock Exchange: ASX
Company: Wellcom
Ticker Codes: | WLL.AX | ASX:WLL |

About Wellcom (ASX:WLL):

Wellcom Group Limited provides advertising and marketing content production and content management services in Australia, the United Kingdom, New Zealand, Asia, and the United States. The company offers creative production services, including studio creative, photography, and retouching; adaptation services for print, digital, and video content; and Knowledgewell, a marketing software for marketing resource, campaign, digital asset, workflow, and print management. It also provides design and artwork services; and television production, digital print, and computer to plate production services. The company was founded in 2000 and is based in Port Melbourne, Australia.

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MACD Volume

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Company Close Change(%) Volume Value Signal
ADA Adacel Technologies 0.68 22.5 435,672 38,682 BULLISH
PRU Perseus Mining 0.61 21 11,469,507 964,308 BULLISH
WAF West African Resources 0.33 16.1 4,518,149 350,579 BULLISH
RMS Ramelius Resources 0.77 15.9 8,313,251 1,012,873 BULLISH
AJM Altura Mining 0.11 14.6 11,815,602 836,880 BULLISH
NST Northern Star Resources 11.69 9.3 7,110,929 386,050 BULLISH
BOC Bougainville Copper 0.12 9.1 27,100 6,180 BULLISH
CII Ci Resources 1.5 8.7 25,410 2,270 BULLISH
AGG Anglogold Ashanti 4.87 8 18,113 1,814 BULLISH
AJX Alexium International 0.14 7.7 338,030 14,808 BULLISH