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

Ulcer Index

Score

0.2

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 17 21.1 0.59% 1.43% 6.6% -1.9% 52.9%
SHORT 17 23.6 0.41% 0.64% 4.4% -7.2% -49.2%

Summary

Technical Analysis

Xero (XRO.AX)


Indicator:

ULCER INDEX


Last Signal:

BEARISH


Trading: SELL @ $82.3
Signal Strength: MEDIUM
Recommendation:

Volatility indicators highlight potential moves of a stock which can either move sharply in the updwards or downwards direction. This indicator allows stocks to be compared on a level playing field to highlight high and low volatility. Normally, falling markets are more likely to be volatile than a rising markets due to the emotion that gets tied to trading. Use volatility indicators in conjunction with other indicators to reduce exposure to false moves.


Xero (ASX:XRO) UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 1.082.



A technical indicator that measures downside risk in terms of both depth and duration of price declines. The Ulcer Index (UI) increases in value as the price moves farther away from a recent high and falls as the price rises to new highs. The indicator is usually calculated over 14 days with the UI showing the percentage drawdown a trader can expect from the high over that period. The greater the value of the UI the longer it takes for a stock to get back to the former high.

Calculation: Ulcer Index:
1) Percentage Drawdown = [(Close - 14-period High Close)/14-period High Close] x 100;
2) Squared Average = (14-period Sum of Percentage Drawdown Squared)/14;
3) Ulcer Index = Square Root of Squared Average;


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:

Ulcer Index

Download
Company Close Change(%) Volume Value Signal
AFL ASX 50 0.18 9.4 520,350 12.23 BEARISH
RCT Reef Casino 2.62 6.9 38,587 7.61 BEARISH
LNG Liquefied Natural Gas 0.21 5.1 2,729,105 9.37 BEARISH
EDE Eden Energy 0.05 4.7 122,280 9.8 BEARISH
MEZ Meridian Energy 4.9 4.4 46,590 5.87 BEARISH
TBR Tribune Resources 6.24 4.2 96,157 5.85 BEARISH
CAR Carsales 16.74 4 912,376 5.49 BEARISH
BPT Beach Petroleum 2.49 3.8 6,575,446 5.56 BEARISH
PNR Pacific Niugini Minerals 0.14 3.7 2,478,287 8.37 BEARISH
BLX Beacon Lighting 1.23 3.4 22,040 11.28 BEARISH