Beadell Resources

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

Donchian Channels

Score

-0.4

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 5 22.4 0.20% 0.25% 9.6% -13.3% -43.4%
SHORT 5 64.4 0.40% 0.67% 72.7% -12.9% 106.7%

Summary

Technical Analysis

Beadell Resources (BDR.AX)


Indicator:

DONCHIAN CHANNELS


Last Signal:

BULLISH


Trading: HOLD @ $0.065
Signal Strength: STRONG
Recommendation:

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.


Beadell Resources (ASX:BDR) is currently bullish highlighting the potential for a short term trend continuation in the upward direction.



The Donchian channel is a useful indicator for seeing the volatility of a market price. If a price is stable the Donchian channel will be relatively narrow. If the price fluctuates a lot the Donchian channel will be wider. The two outer bands are plotted as the highest high and lowest low for a set period originally 20 days with the optional middle band calculated as the average of the two.

Calculation: Donchian Channels:
1) Upper Channel = 20 Day High;
2) Lower Channel = 20 Day Low;
3) Middle Channel = (20 Day High + 20 Day Low)/2;


PROFILE: Beadell Resources (BDR.AX)


Stock Exchange: ASX
Company: Beadell Resources
Ticker Codes: | BDR.AX | ASX:BDR |

About Beadell Resources (ASX:BDR):

Beadell Resources Limited operates as a gold producer in Brazil and Australia. Its primary property is the Tucano gold mine covering an area of approximately 2,500 square kilometers of gold exploration tenements located in the Amapß state, northern Brazil. The company is headquartered in West Perth, Australia.

Top 10:

Donchian Channels

Download
Company Close Change(%) Volume Value Signal
CAT Catuity 0.72 15.3 644,158 -7.14 BEARISH
BEE Broo 0.05 13.6 255,287 -50 BEARISH
CSV CSG 0.17 13.3 1,285,957 -14.29 BEARISH
EPW ERM Power 1.63 7.6 527,174 -26 BEARISH
FPH Fisher & Paykel Healthcare 13.73 7.3 457,381 -13.54 BEARISH
NEC Nine Entertainment 1.57 7.2 24,528,748 -50 BEARISH
LIC Lifestyles Communities 5.29 7.1 98,621 -20 BEARISH
PTM Platinum Asset Management 5.13 6.9 1,415,026 -16.67 BEARISH
SOM Somnomed 1.74 6.4 380,096 -17.86 BEARISH
BKY Berkeley Resources 0.44 6.1 15,956 -45.24 BEARISH