Ariadne Australia

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%

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Trading Performance

Fibonacci Retracements

Score

-5.65

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 19 16.7 0.00% 0.00% 0.0% -4.0% -75.9%
SHORT 20 21.1 0.20% 0.24% 3.3% -4.2% -58.8%

Summary

Technical Analysis

Ariadne Australia (ARA.AX)


Indicator:

FIBONACCI RETRACTION


Signal Strength: MEDIUM
Recommendation:

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


Ariadne Australia (ASX:ARA) : The current Fibonacci Retraction levels are:
(23.61%) $0.65
(38.2%) $0.62
(50%) $0.62
(61.8%) $0.61

The current support levels are:
(78.6%) $0.61
(100%) $0.6
(138.2%) $0.59
(161.8%) $0.58
(261.8%) $0.55
(423.61%) $0.5



A Fibonacci retracement is a term used in technical analysis that refers to areas of support (price stops going lower) or resistance (price stops going higher). Fibonacci retracement levels use horizontal lines to indicate areas of support or resistance at the key Fibonacci levels before the trend continues in the original direction.

Calculation: Fibonacci Retracements:
1) Uptrend: C = B — (B — A) x N%;
2) Downtrend: C = B + (A — B) x N%;
3) Fibonacci Levels:
a) 23.61%;
b) 38.2%;
c) 50%;
d) 61.8%;
e) 78.6%;
f) 100%,


PROFILE: Ariadne Australia (ARA.AX)


Stock Exchange: ASX
Company: Ariadne Australia
Ticker Codes: | ARA.AX | ASX:ARA |

About Ariadne Australia (ASX:ARA):

Ariadne Australia Limited engages in car park infrastructure operation and management in Australia and New Zealand. The company operates through Investments, Car Parking, and Property segments. It operates a 595 bay car park situated in the Queens Plaza retail center in the Brisbane CBD and a car park comprising 299 bays located at Tank Street, west of the CBD. The company also invests in securities; provides life insurance, wealth management, and financial advice solutions; offers NatureSeal, a proprietary family of vitamins and minerals that enable fresh-cut fruit and vegetables to maintain their natural taste, texture, and color; mines base and precious metals projects, which primarily include copper; and owns premium leisure assets. In addition, it owns and operates Orams Marine village, a marine center located in Auckland, New Zealand; and an 11-storey commercial office tower in Brisbane, Queensland. The company is based in Sydney, Australia.

Top 10:

Fibonacci Retracements

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