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

Range Change

Score

-0.35

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 87 5.7 0.48% 0.88% 3.4% -2.0% 44.9%
SHORT 88 4.6 0.35% 0.54% 2.2% -2.2% -59.5%

Summary

Technical Analysis

Xero (XRO.AX)


Indicator:

RANGE CHANGE


Last Signal:

BULLISH


Trading: HOLD @ $84.58
Signal Strength: WEAK
Recommendation:

Indicator MUST BE USED in additional to another technical indicator to confirmation for trading entry. Indicator can be applied to the short term timeframe but is only able to give and indication of the strength of the buyers versus sellers at the market close. This bar analysis can provide guidance on the daily battle between sellers and buyers from the companies recent trading.


Xero (ASX:XRO) sellers are becoming less eager. There has been 3 consecutive days of range increase for XRO reducing strength to an uptrend in the first timeframe. The biggest price range this month has been $9.4700 & the greatest daily price range this year has been $9.4700. The price range ratio this week versus the quarterly price range is 0.4x & the price range ratio this month versus the year to date price range is 1x.

Top 10:

Range Change

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Company Close Change(%) Volume Value Signal
MVP Medical Developments 10.28 8.8 674,204 0 NEUTRAL
FBR Fastbrick Robotics 0.06 5.8 881,024 0 NEUTRAL
MNS Milnes Holdings 0.11 4.8 239,846 0 NEUTRAL
HFR Highfield Resources 0.8 4.6 86,664 0 NEUTRAL
PGH Pact 2.92 4.3 871,387 0 NEUTRAL
ISU Iselect 0.51 4.1 3,617 0 NEUTRAL
EOS Electro Optic Systems Holdings 9.85 3.9 490,421 0 NEUTRAL
CGC Consolidated Gaming Corporation 2.75 3.4 1,912,548 0 NEUTRAL
GNG GR Engineering Services 0.99 3.1 20,567 0 NEUTRAL
BOQ Bank Of Queensland 7.51 2.5 3,096,022 0 NEUTRAL