Beston Global Food

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 Extensions

Score

-1.75

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 11 28.6 0.27% 0.38% 6.9% -10.7% -65.0%
SHORT 12 37.9 0.50% 0.67% 3.2% -6.4% -38.4%

Summary

Technical Analysis

Beston Global Food (BFC.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.


Beston Global Food (ASX:BFC) : The current Fibonacci Extension levels are:
(23.61%) $0.11
(38.2%) $0.11
(50%) $0.12
(61.8%) $0.12

The current support levels are:
(78.6%) $0.12
(100%) $0.13
(138.2%) $0.14
(161.8%) $0.15
(261.8%) $0.17
(423.61%) $0.21



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: Beston Global Food (BFC.AX)


Stock Exchange: ASX
Company: Beston Global Food
Ticker Codes: | BFC.AX | ASX:BFC |

About Beston Global Food (ASX:BFC):

Beston Global Food Company Limited, together with its subsidiaries, invests in food and beverage businesses in Australia and internationally. It operates in five segments: Dairy, Seafood, Health, Meat, and Distribution. The company owns dairy farms that offer milk, yoghurt, flavored milk, hard and soft cheese, quark, and butter; harvests, processes, packages, and distributes live, chilled, and frozen seafood; and produces and processes meat products. It also develops and produces health and well-being focused food, beverage, and pharmaceutical products; processes high pH natural spring water; and develops and commercializes end-to-end food traceability and anti-counterfeit technology solutions. The company distributes its products through third parties, as well as its e-commerce platform. Beston Global Food Company Limited was incorporated in 2014 and is based in Adelaide, Australia.

Top 10:

Fibonacci Extensions

Download
Company Close Change(%) Volume Value Signal
DCN Dacian Gold 0.55 23.6 6,024,943 -2.07 BEARISH
GTN GTN Resources 1.1 10 161,378 -0.45 BEARISH
LNG Liquefied Natural Gas 0.29 9.6 1,664,251 -0.22 BEARISH
TZN Terramin Australia 0.08 8.7 388,211 -0.04 BEARISH
VTG Vita 1.25 5.9 714,854 -0.74 BEARISH
KMD Kathmandu 2.06 4.3 154,871 -0.23 BEARISH
CAT Catuity 1.32 4.3 510,482 -0.34 BEARISH
BEE Broo 0.03 4.2 369,883 -0.01 BEARISH
FBR Fastbrick Robotics 0.08 4.2 978,830 -0.03 BEARISH
BBN Baby Bunting 2.18 3.8 510,542 -0.52 BEARISH