The best indicator for Asana
We backtested 382 indicators across daily, weekly and hourly charts on real Asana history. Here's what actually worked — risk-adjusted over the full backtest, with costs, and checked out-of-sample.
Where Asana stands
Computed from our own daily OHLCV history, not quoted from a third party. Moving averages use closing prices; "52-week" is the last 252 trading sessions.
Hammer
On the daily chart, this is the strongest risk-adjusted edge we found for Asana over ~6.0 years — beating buy-and-hold by 28.7% CAGR.
Asana on the daily chart
The timeframe our backtest found best for this asset. The chart is live market data; the results above are hypothetical and historical.
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The winner on each chart
Every indicator, ranked
Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.
| # | Indicator | TF | CAGR | Sharpe | Max DD | Win | Trades | vs B&H |
|---|---|---|---|---|---|---|---|---|
| 1 | Piercing Line | Daily | 17.8% | 0.72 | -31.5% | 50.0% | 22 | 36.4% |
| 2 | Standard Error Bands | Daily | 10.8% | 0.57 | -28.9% | 43.8% | 16 | 29.4% |
| 3 | Accumulation Swing Index | Daily | 17.5% | 0.57 | -74.0% | 47.8% | 324 | 36.1% |
| 4 | Swing Index | Daily | 17.5% | 0.57 | -74.0% | 47.8% | 324 | 36.1% |
| 5 | Chaikin Oscillator | Daily | 15.1% | 0.52 | -77.0% | 35.4% | 82 | 33.6% |
| 6 | Hammer ✓ | Daily | 10.2% | 0.52 | -34.2% | 47.1% | 34 | 28.7% |
| 7 | A/D Oscillator | Daily | 15.1% | 0.52 | -77.0% | 35.4% | 82 | 33.6% |
| 8 | Donchian Breakout | Daily | 13.8% | 0.51 | -65.4% | 36.8% | 19 | 32.3% |
| 9 | Morning Star | Weekly | 19.2% | 0.67 | -46.5% | 63.6% | 11 | 36.1% |
| 10 | Keltner 50 (x2.0) | Daily | 11.2% | 0.47 | -53.4% | 42.3% | 26 | 29.7% |
| 11 | Volatility Stop (ATR) | Daily | 11.9% | 0.47 | -62.3% | 32.4% | 37 | 30.5% |
| 12 | Accumulation/Distribution | Daily | 10.8% | 0.46 | -78.7% | 38.8% | 103 | 29.4% |
| 13 | ROC (5) | Daily | 11.6% | 0.46 | -66.6% | 36.8% | 136 | 30.2% |
| 14 | Ultimate Osc (4,8,16) | Daily | 11.3% | 0.46 | -70.5% | 44.1% | 152 | 29.8% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
The question doesn't apply here. Buy-and-hold on Asana lost money across the out-of-sample window in 299 of 299 tests, so there is no positive benchmark to lever toward — clearing a negative bar is a much weaker claim than beating a real one, and we keep the two apart rather than counting it as a win. How we compute that
For Asana, Hammer on the daily timeframe gave the best balance of return and risk in our test. It beat buy-and-hold — but remember: this is a hypothetical backtest of a standard rule, not a recommendation. Markets change. See the methodology and disclaimer.
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