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

% Volume Oscillator

Score

0.55

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 26 11.0 0.54% 1.17% 4.3% -1.5% 42.3%
SHORT 26 18.1 0.42% 0.69% 5.3% -5.2% -24.4%

Summary

Technical Analysis

Xero (XRO.AX)


Indicator:

% VOLUME OSCILLATOR


Last Signal:

BEARISH


Trading: SELL @ $85.45
Signal Strength: MEDIUM
Recommendation:

Xero (ASX:XRO) currently has negative PVO -11.08%. The recent volume is losing momentum through a fall on the short term exponential moving average.

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


The Percentage Volume Oscillator (PVO) is a momentum oscillator for volume. PVO measures the difference between two volume-based moving averages as a percentage of the larger moving average. As with MACD and the Percentage Price Oscillator (PPO) it is shown with a signal line a histogram and a centreline.

Calculation: Percentage Volume Oscillator (PVO):
1) Percentage Volume Oscillator (PVO): ((12-day EMA of Volume - 26-day EMA of Volume)/26-day EMA of Volume) x 100;
2) Signal Line: 9-day EMA of PVO; 3) Histogram: PVO - Signal Line;


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:

% Volume Oscillator

Download
Company Close Change(%) Volume Value Signal
CAT Catuity 2.15 12.3 1,445,310 7.48 BULLISH
LVH Livehire 0.23 7.1 671,481 9.75 BULLISH
MFG Magellan Financial 66.75 5 490,638 2.85 BULLISH
FMG Fortescue Metals 12.69 5 21,508,010 4.91 BULLISH
BBN Baby Bunting 3.6 4.7 637,354 2.44 BULLISH
LOV Lovisa 12.14 4.1 186,388 37.31 BULLISH
IFT Infratil 5.39 3.5 17,293 41.98 BULLISH
MGR Mirvac 3.47 3.3 14,531,282 16.07 BULLISH
WOW Woolworths 41.32 3.3 6,056,729 6.57 BULLISH
IRI Integrated Research 2.93 3.2 295,511 29.08 BULLISH