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

Fibonacci Extensions

Score

-0.3

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 9 50.3 0.56% 1.25% 19.9% -4.6% 81.1%
SHORT 9 32.2 0.22% 0.29% 9.0% -12.7% -70.8%

Summary

Technical Analysis

Appen (APX.AX)


Indicator:

FIBONACCI EXTENSION


Signal Strength: MEDIUM
Recommendation:

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading position.


Appen (ASX:APX) : The current Fibonacci Extension levels are:
(23.61%) $22.58
(38.2%) $22.15
(50%) $21.81
(61.8%) $21.46

The current support levels are:
(78.6%) $20.96
(100%) $20.33
(138.2%) $19.2
(161.8%) $18.51
(261.8%) $15.56
(423.61%) $10.78



Fibonacci extensions are used in Fibonacci retracement to predict spaces of resistance and support in the market. These extensions involve all levels drawn past the basic 100% level they are frequently used by traders to determine areas that will bring in profits.

Calculation: Fibonacci Extensions:
1) Uptrend: D = B — (A — B) x N%;
2) Downtrend: D = B + (B — A) x N %;
3) Fibonacci Levels:
61.8%
100%
138.2%
161.8%
261.8%
423.6%;


PROFILE: Appen (APX.AX)


Stock Exchange: ASX
Company: Appen
Ticker Codes: | APX.AX | ASX:APX |

About Appen (ASX:APX):

Appen Limited, together with its subsidiaries, provides data solutions and services for machine learning and artificial intelligence applications for technology companies, auto manufacturers, and government agencies primarily in Australia and the United States. It operates through two divisions, Content Relevance and Language Resources. The Content Relevance division offers annotated data used in search technology embedded in Web, e-commerce, and social engagement for enhancing relevance and accuracy of search results and ad placements. The Language Resources division provides annotated data used in speech recognizers, machine translation, speech synthesizers, image recognizers, and other machine-learning technologies. The company was formerly known as Appen Holdings Pty Limited and changed its name to Appen Limited in October 2014. Appen Limited was founded in 1996 and is based in Chatswood, Australia.

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