|Position||Trades||Duration||Win rate||Win/loss||Avg win||Avg loss||Return|
|Position||Trades||Duration||Win Rate||Win/Loss||Avg Win||Avg Loss||Return|
Trading: BUY @ $82.3
Signal Strength: STRONG
Indicator is best used in conjunction with additional indicators as it has the ability to highlight potential overbought or oversold levels. This indicator utilizes upper and lower bands to visually represent price extremes associated with the bands. Additional value can be added to the trading strategy by accessing divergences between price and volume.
Xero (ASX:XRO) is currently Oversold highlighting the potential for a short term trend reversal in the upward direction.
Developed by Larry Williams, Williams %R is a momentum indicator that is the inverse of the Fast Stochastic Oscillator. Also referred to as %R Williams %R reflects the level of the close relative to the highest high for the look-back period.
Calculation: Williams %R:
1) %R = (Highest High - Close)/(Highest High - Lowest Low) * -100;
2) Lowest Low = lowest low for the look-back period Highest High = highest high for the look-back period %R is multiplied by -100 correct the inversion and move the decimal;
PROFILE: Xero (XRO.AX)
Stock Exchange: ASX
Ticker Codes: | XRO.AX | 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.
|AFL ASX 50||0.18||9.4||520,350||0||BEARISH CROSSOVER|
|MCY Mighty River Power||5||7.1||7,917||0||BEARISH CROSSOVER|
|LNG Liquefied Natural Gas||0.21||5.1||2,729,105||40||BEARISH CROSSOVER|
|CAR Carsales||16.74||4||912,376||2.8||BEARISH CROSSOVER|
|BPT Beach Petroleum||2.49||3.8||6,575,446||4.3||BEARISH CROSSOVER|
|GTN GTN Resources||0.7||3.7||7,121||52.4||BEARISH CROSSOVER|
|DCG Decmil||0.91||3.4||32,057||41.7||BEARISH CROSSOVER|
|PGH Pact||2.71||3||784,417||6.7||BEARISH CROSSOVER|
|MNY Money3||2.25||2.7||301,346||12.5||BEARISH CROSSOVER|
|NEA Nearmap||2.72||2.6||2,589,326||51.7||BEARISH CROSSOVER|