Beston Global Food

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

Fibonacci Extensions

Score

-1.15

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 12 21.2 0.17% 0.20% 7.7% -10.5% -89.5%
SHORT 12 41.2 0.67% 1.33% 6.7% -4.2% 28.0%

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%) $0.1
(38.2%) $0.1
(50%) $0.09
(61.8%) $0.09

The current support levels are:
(78.6%) $0.08
(100%) $0.08
(138.2%) $0.06
(161.8%) $0.05
(261.8%) $0.02
(423.61%) $-0.04



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
SYR Syrah Resources 0.47 11.9 5,259,787 -0.87 BEARISH
SMN Structural Monitoring Systems 1.1 11.1 208,014 -0.28 BEARISH
RND Rand Mining 2.42 11 2,376 -0.61 BEARISH
WEB Webjet 12.78 9.6 2,879,386 -0.09 BEARISH
CDP Carindale Property Trust 6.45 8.4 1,646 -0.53 BEARISH
MOC Mortgage Choice 1.28 4.5 104,636 -0.83 BEARISH
ATL ASX 20 0.42 3.8 113,599 -0.14 BEARISH
CGS Cogstate 0.31 3.3 7,548 -0.09 BEARISH
ERA Energy Resources Of Australia 0.16 3.3 124,083 -0.07 BEARISH
JHC Japara Healthcare 1.03 3 777,470 -0.16 BEARISH