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

Relative Strength Index

Score

-0.1

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 11 21.0 0.55% 1.20% 7.5% -3.0% 29.8%
SHORT 12 41.1 0.17% 0.20% 15.8% -8.1% -49.4%

Summary

Technical Analysis


The relative strength index (RSI) is a momentum indicator developed by noted technical analyst Welles Wilder which compares the magnitude of recent gains and losses over a specified time period to measure speed and change of price movements of a security. It is primarily used to attempt to identify overbought or oversold conditions in the trading of an asset.

Calculation: Relative Strength Index (RSI):
1) RSI = 100 - 100 / (1 + RS);
2) RS = Average Gain / Average Loss;


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:

Relative Strength Index

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Company Close Change(%) Volume Value Signal
MNS Milnes Holdings 0.19 35.7 7,820,143 39.37 NEUTRAL
VOC Vocus Communications 3.2 8.1 5,453,355 61.24 NEUTRAL
ORE Orocobre 3.4 6.6 5,681,011 33.27 NEUTRAL
IPD Impedimed 0.17 6.5 264,442 32.04 NEUTRAL
MYR Myer 0.5 5.3 1,614,004 52.51 NEUTRAL
OCL Objective Corporation 6.1 5.2 45,754 41.76 NEUTRAL
CVW Clearview Wealth 0.51 5.2 34,015 46.3 NEUTRAL
QUB Qube Logistics 3.56 5 2,738,455 54.85 NEUTRAL
KAR Karoon Gas Australia 1.39 4.9 4,815,705 32.6 NEUTRAL
TGA Thorn 0.22 4.8 108,727 35.65 NEUTRAL