|Position||Trades||Duration||Win rate||Win/loss||Avg win||Avg loss||Return|
|Position||Trades||Duration||Win Rate||Win/Loss||Avg Win||Avg Loss||Return|
Alacer Gold Corp (AQG.AX)
Trading: SELL @ $7.98
Signal Strength: STRONG
Indicator is best used in conjunction with additional indicators as it has the ability to highlight potential overbought or oversold levels. This indicator utilizes upper and lower bands to visually represent price extremes associated with the bands. Additional value can be added to the trading strategy by accessing divergences between price and volume.
Alacer Gold Corp (ASX:AQG) is currently Overbought highlighting the potential for a short term trend reversal in the downward direction. The current level is 78.82% with a current width of 21.55.
The purpose of the Bollinger Bands is to provide a relative definition of high and low. By definition prices are high at the upper band and low at the lower band. This definition can aid in rigorous pattern recognition and is useful in comparing price action of the action of indicators to arrive at systematic trading decision.
Calculation: Bollinger Bands:
1) Middle Band = 20-day simple moving average (SMA);
2) Upper Band = 20-day SMA + (20-day standard deviation of price x 2);
3) Lower Band = 20-day SMA - (20-day standard deviation of price x 2);
PROFILE: Alacer Gold Corp (AQG.AX)
Stock Exchange: ASX
Company: Alacer Gold Corp
Ticker Codes: | AQG.AX | ASX:AQG |
Alacer Gold Corp. engages in the mining, development, and exploration of mineral deposits in Turkey. It primarily holds an 80% interest in the Ã÷pler gold mine that is located in the Erzincan Province, east-central Turkey. The company is based in Denver, Colorado.
|OCL Objective Corporation||6.49||10||35,078||-33.7||BEARISH|
|LNG Liquefied Natural Gas||0.21||5.1||2,729,105||-28.61||BEARISH|
|EDE Eden Energy||0.05||4.7||122,280||-24.39||BEARISH|
|MEZ Meridian Energy||4.9||4.4||46,590||-38.34||BEARISH|
|TBR Tribune Resources||6.24||4.2||96,157||-77.3||BEARISH|
|GTN GTN Resources||0.7||3.7||7,121||-8.39||BEARISH|
|PNR Pacific Niugini Minerals||0.14||3.7||2,478,287||-24.17||BEARISH|
|PGC Paragon Care||0.45||3.5||206,495||-14.57||BEARISH|
|BLX Beacon Lighting||1.23||3.4||22,040||-2.84||BEARISH|