Trading indicator
Bill Williams Market IndexBacktest 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
Bill Williams Market Index
Score
0.25
| Position | Trades | Duration | Win Rate | Win/Loss | Avg Win | Avg Loss | Return |
|---|---|---|---|---|---|---|---|
| LONG | 22 | 9.4 | 0.45% | 0.77% | 5.5% | -4.3% | -0.7% |
| SHORT | 21 | 26.8 | 0.52% | 1.10% | 14.0% | -11.0% | 44.5% |
Summary
Technical Analysis
Penn Virginia Corporation (PVAC)
Indicator:
MARKET FACILITATION INDEX
Last Signal:
BEARISH
Trading: SELL @ $31.76
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.
Penn Virginia Corporation (NASDAQ:PVAC) Currently is a confirmed Fake Day.
The Market Facilitation Index is designed for evaluation the willingness of the market to move the price. The indicators absolute values alone cannot provide any trading signals unlike its dynamics in relation to the dynamics of the volume.
Calculation: Bill Williams Market Facilitation Index:
1) Green bar - both MFI and volume are up. Increasing trading activity means market movement acceleration;
2) Blue bar - MFI indicator is up volume is down. The movement is continuing although the volume has dropped. The trend will soon be reversing;
3) Pink bar - MFI indicator is down volume is up. The slowing down movement while volume is raising may indicate a possible break through often a U-turn;
4) Brown bar - both MFI and volume are down. The market is no longer interested in the current direction and is looking for signs of a future development;
PROFILE: Penn Virginia Corporation (PVAC)
Stock Exchange: NASDAQ
Company: Penn Virginia Corporation
Ticker Codes: | PVAC | NASDAQ:PVAC |
Penn Virginia Corporation, an independent oil and gas company, engages in the onshore exploration, development, and production of crude oil, natural gas liquids, and natural gas in the United States. It primarily operates wells in the Eagle Ford Shale field in South Texas. The company also has operations in the Granite Wash in Oklahoma. As of December 31, 2017, it had total proved reserves of approximately 73 million barrels of oil equivalent; and 500 gross productive wells, as well as owned approximately 124,000 gross acres of leasehold and royalty interests. Penn Virginia Corporation was founded in 1882 and is headquartered in Houston, Texas.
Top 10:
Bill Williams Market Index
| Company | Close | Change(%) | Volume | Value | Signal |
|---|---|---|---|---|---|
| MRUS Merus NV | 18.55 | 10.3 | 54,425 | -1 | BEARISH |
| TUSK Mammoth Energy Services | 4.34 | 9.6 | 253,268 | -1 | BEARISH |
| ACRS Aclaris Therapts | 0.93 | 6.5 | 1,250,572 | 0 | BEARISH |
| OFLX Omega Flex Inc | 84.75 | 6.1 | 7,705 | -1 | BEARISH |
| AOSL Alpha And Omega Semi | 12.04 | 5.7 | 205,345 | 0 | BEARISH |
| YRCW Yrc Worldwide | 2.62 | 5.6 | 1,297,157 | -1 | BEARISH |
| CCXI Chemocentryx | 7.09 | 5.5 | 322,568 | 0 | BEARISH |
| TOUR Tuniu | 3.4 | 4.9 | 23,526 | -1 | BEARISH |
| BLDP Ballard Power Systems | 4.5 | 4.9 | 860,349 | 0 | BEARISH |
| OSTK OverstockCom Inc | 18.92 | 4.5 | 4,352,949 | -1 | BEARISH |