Force Index Case Study - Synear Food

Received a request to apply Force Index analysis to Synear Food. If you missed my article on Force Index, you can read it from http://stockstudent.blogspot.com/2008/02/force-index-oscillator-yangzhijiang.html

Data is from 18 Aug 2006 to 4 Mar 2008.



There are a total of 8 trades. 2 were losses.

The average gain is not too much to shout about. However, if you look at the chart, the gains will be much more if you do a trailing stop to lock in the profit.

Therefore, if you want to use Force Index for shorting, there is a need to look at where to set your profit target and stop loss level to extract the maximum benefits out of this indicator.