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

Strong Reversal

Score

0.4

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 20 17.2 0.90% 9.00% 5.2% -10.3% 72.2%
SHORT 19 20.9 0.58% 1.38% 1.8% -6.5% -31.9%

Summary

Technical Analysis

Xero (XRO.AX)


Indicator:

JAPANESE CANDLE


Last Signal:


Trading: POSITION @ $83.95
Signal Strength: STRONG
Recommendation:

Indicator MUST BE USED in additional to another technical indicator to confirmation for trading position. 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 Japanese candlestick indicator can provide guidance on the short term battle between sellers and buyers from the companies recent trading.


Xero (ASX:XRO) No strong reversal signals currently present. Previous signals for XRO include:


No Bullish Engulfing formations in the last 12 months


No Bullish Engulfing formations in the last 12 months.


No Bullish Engulfing formations in the last 12 months.


No Bear Engulfing formations in the last 12 months.


No Dark Cloud Cover formations in the last 12 months.


No Piercing Pattern formations in the last 12 months.


PROFILE: Xero (XRO.AX)


Stock Exchange: ASX
Company: Xero
Ticker Codes: | XRO.AX | ASX:XRO |

About Xero (ASX:XRO):

Xero Limited, together with its subsidiaries, operates as a software as a service company worldwide. The company offers Xero, a cloud-based accounting software that connects small businesses to their advisors. It also provides accountant/bookkeeper tools, including Xero HQ, Xero Practice Manager, Xero Workpapers, and Xero Cashbook/Ledger; and Xero mobile app. The company serves various businesses, such as retail, high tech, non-profit, legal, Amazon sellers, hospitality, cafÚs, startups, construction, creatives, e-commerce, small business, healthcare, farming, manufacturing, tourism, and real estate. Xero Limited was founded in 2006 and is headquartered in Wellington, New Zealand.

Top 10:

Strong Reversal

Download
Company Close Change(%) Volume Value Signal
MNS Milnes Holdings 0.19 35.7 7,820,143 0 NEUTRAL
CGS Cogstate 0.55 11.1 151,778 0 NEUTRAL
BEE Broo 0.02 9.1 493,100 0 NEUTRAL
VOC Vocus Communications 3.2 8.1 5,453,355 0 NEUTRAL
MCP Mcphersons 2.85 6.7 777,047 0 NEUTRAL
IPD Impedimed 0.17 6.5 264,442 0 NEUTRAL
FNP Freedom Nutritional Products 4.95 5.5 527,076 0 NEUTRAL
MYR Myer 0.5 5.3 1,614,004 0 NEUTRAL
OCL Objective Corporation 6.1 5.2 45,754 0 NEUTRAL
CVW Clearview Wealth 0.51 5.2 34,015 0 NEUTRAL