Trading indicator
On Balance VolumeTrade 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% |
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
On Balance Volume
Score
0.85
| Position | Trades | Duration | Win Rate | Win/Loss | Avg Win | Avg Loss | Return |
|---|---|---|---|---|---|---|---|
| LONG | 34 | 13.4 | 0.47% | 0.84% | 4.7% | -2.3% | 30.0% |
| SHORT | 32 | 10.5 | 0.38% | 0.52% | 6.0% | -2.4% | 16.2% |
Summary
Technical Analysis
Applied Materials (AMAT)
Indicator:
ON BALANCE VOLUME
Last Signal:
BEARISH
Trading: SELL @ $55.84
Signal Strength: MEDIUM
Recommendation:
Applied Materials (NASDAQ:AMAT) current price has highlighted recent distribution. Currently, the OBV is -3.1355e+006.
Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading exit. Indicator can be applied to the short/medium term timeframe, but the best results are obtained with larger cyclical swings in-line with the trend direction. This accumulation / distribution oscillator can provide guidance on the money flow direction from the companies recent trading.
On Balance Volume (OBV) attempts to measure the level of accumulation or distribution by comparing volume to price movements. Volume is added to the indicator if closing price moves up and subtracted if closing price moves down. No adjustment is made if closing price is unchanged.
Calculation: On Balance Volume:
1) If the closing price is above the prior close price then: Current OBV = Previous OBV + Current Volume;
2) If the closing price is below the prior close price then: Current OBV = Previous OBV - Current Volume;
3) If the closing prices equals the prior close price then: Current OBV = Previous OBV (no change)
PROFILE: Applied Materials (AMAT)
Stock Exchange: NASDAQ
Company: Applied Materials
Ticker Codes: | AMAT | NASDAQ:AMAT |
Applied Materials, Inc. provides manufacturing equipment, services, and software to the semiconductor, display, and related industries worldwide. It operates through three segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets. The Semiconductor Systems segment develops, manufactures, and sells a range of manufacturing equipment used to fabricate semiconductor chips or integrated circuits. It offers products and technologies for transistor and interconnect fabrication, including epitaxy, ion implantation, oxidation and nitridation, rapid thermal processing, physical vapor deposition, chemical vapor deposition, chemical mechanical planarization, electrochemical deposition, atomic layer deposition, etching, and selective removal, as well as metrology and inspection tools. The Applied Global Services segment provides integrated solutions to optimize equipment and fab performance and productivity, including spares, upgrades, services, remanufactured earlier generation equipment, and factory automation software for semiconductor, display, and other products. The Display and Adjacent Markets segment offers products for manufacturing liquid crystal displays, organic light-emitting diodes, and other display technologies for TVs, personal computers, electronic tablets, smart phones, and other consumer-oriented devices, as well as equipment for flexible substrates. The company serves manufacturers of semiconductor wafers and chips, liquid crystal and organic light-emitting diode displays, and other electronic devices. Applied Materials, Inc. was founded in 1967 and is headquartered in Santa Clara, California.
Top 10:
On Balance Volume
| Company | Close | Change(%) | Volume | Value | Signal |
|---|---|---|---|---|---|
| NTRA Natera | 36.16 | 4.4 | 901,400 | -145,800 | BEARISH |
| SREV Servicesrce Intl | 1.58 | 3.9 | 226,200 | -63,895 | BEARISH |
| FOSL Fossil Group | 7.11 | 3.4 | 1,263,800 | -327,212.4 | BEARISH |
| ARAY Accuray Incorporated | 2.85 | 3.3 | 351,400 | -179,803.4 | BEARISH |
| PLAB Photronics Inc | 12.05 | 2.7 | 433,200 | -128,623.4 | BEARISH |
| KBAL Kimball Intl | 20.97 | 2.2 | 192,500 | -9,922 | BEARISH |
| DXPE Dxp Enterprise | 38.68 | 2.2 | 73,900 | -10,501.7 | BEARISH |
| GTYH Gty Technology Holdings | 4.86 | 2.1 | 27,800 | -15,965.4 | BEARISH |
| IESC Ies Holdings | 21.8 | 2 | 31,000 | -854.6 | BEARISH |
| PDLI Pdl Biopharma Inc | 2.99 | 2 | 1,110,600 | -87,573.5 | BEARISH |