What indicators would you like to setup a trade for?

Candlestick Daily volume index Bar reversal Edit

Trade setup

Position Order Entry Exit Stop Loss Risk Return Expectancy
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?

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%

Company

Indicator

Code Company Date Close Change Indicator Value Signal

Trading Performance

On Balance Volume

Score

-0.9

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 33 13.6 0.48% 0.84% 1.6% -1.3% 0.3%
SHORT 34 9.2 0.35% 0.44% 0.8% -2.0% -43.9%

Summary

Technical Analysis


On Balance Volume (OBV) attempts to measure the level of accumulation or distribution by comparing volume to price movements. Volume is added to the indicator if closing price moves up and subtracted if closing price moves down. No adjustment is made if closing price is unchanged.

Calculation: On Balance Volume:
1) If the closing price is above the prior close price then: Current OBV = Previous OBV + Current Volume;
2) If the closing price is below the prior close price then: Current OBV = Previous OBV - Current Volume;
3) If the closing prices equals the prior close price then: Current OBV = Previous OBV (no change)


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.

Top 10:

On Balance Volume

Download
Company Close Change(%) Volume Value Signal
RKN Reckon 0.85 11.1 31,626 -56,436.1 BEARISH
LOV Lovisa 12.28 5.7 348,086 -60,866.8 BEARISH
GGG Greenland Minerals 0.11 5 284,037 -225,671.6 BEARISH
MNS Milnes Holdings 0.11 4.8 1,328,386 -111,790 BEARISH
CDD Cardno 0.47 4.4 192,371 -342,101.6 BEARISH
AYS Amaysim Australia 0.38 4.2 150,418 -228,693.2 BEARISH
ECX Eclipx 1.65 4.1 2,202,554 -3,097,066.2 BEARISH
TLS Telstra Corporation 3.86 4 40,914,996 -7,948,119.5 BEARISH
BFC Beston Global Food 0.09 3.5 1,973,244 -5,080.4 BEARISH
ADA Adacel Technologies 0.61 3.4 83,936 -4,815.6 BEARISH