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%

What indicators would you like to backtest?

Trading Performance

Fibonacci Retracements

Score

-1.25

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 10 45.6 0.40% 0.67% 13.4% -3.8% 30.8%
SHORT 10 13.3 0.10% 0.11% 0.5% -3.9% -34.6%

Summary

Technical Analysis

Austal (ASB.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.


Austal (ASX:ASB) : The current Fibonacci Retraction levels are:
(23.61%) $0
(38.2%) $0
(50%) $0
(61.8%) $0

The current support levels are:
(78.6%) $0
(100%) $0
(138.2%) $0
(161.8%) $0
(261.8%) $0
(423.61%) $0



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: Austal (ASB.AX)


Stock Exchange: ASX
Company: Austal
Ticker Codes: | ASB.AX | ASX:ASB |

About Austal (ASX:ASB):

Austal Limited designs, manufactures, constructs, and supports defense and commercial vessels in Australia, the United States, and the Philippines. The company designs, constructs, and supports passenger ferries, vehicle passenger ferries, and offshore and windfarm vessels; naval vessels; naval surface warfare combatants; and patrol boats for government law enforcement and border protection agencies. It also develops and integrates advanced vessel control and information management systems, such as control and monitoring, and motion control systems. In addition, the company provides life capability management and vessel support services, including crew training and instruction, vessel servicing, repair and maintenance, integrated logistics support, vessel sustainment, and information management systems support to naval, government, and commercial operators; and comprehensive refit services and management of annual dockings. Austal Limited was founded in 1988 and is headquartered in Henderson, Australia.

Top 10:

Fibonacci Retracements

Download
Company Close Change(%) Volume Value Signal
PRU Perseus Mining 0.61 21 11,469,507 0.27 BULLISH
NST Northern Star Resources 11.69 9.3 7,110,929 4.22 BULLISH
WGX Westgold Resources 1.78 8.9 1,219,326 0.42 BULLISH
CII Ci Resources 1.5 8.7 25,410 0.24 BULLISH
APD Apn Property 0.51 8.6 192,400 0.13 BULLISH
AGG Anglogold Ashanti 4.87 8 18,113 2.56 BULLISH
EVN Evolution Mining 4.39 7.1 18,630,358 1.41 BULLISH
RND Rand Mining 3 7.1 250 0.93 BULLISH
SLR Silver Lake Resources 1.13 6.6 8,288,727 0.61 BULLISH
RRL Regis Resources 4.93 5.8 5,277,394 0.99 BULLISH