Beach Petroleum

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

MACD

Score

-0.6

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 21 19.1 0.48% 0.91% 10.4% -5.9% 39.3%
SHORT 22 16.0 0.27% 0.38% 5.8% -6.6% -70.9%

Summary

Technical Analysis

Beach Petroleum (BPT.AX)


Indicator:

MACD


Last Signal:

BEARISH


Trading: SELL @ $2.09
Signal Strength: STRONG
Recommendation:

Beach Petroleum (ASX:BPT) currently has negative MACD of -0.0206. This means the signal line is less than the MACD line signalling a bearish movement.

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has the ability to detect the speed of movement & give an early signal for a potential movement. By understanding the rate at which the price is moving in respect to the stocks historical trades, enables positions to be set in place based on changes in the speed of movement


Moving Average Convergence/Divergence (MACD) is an indicator that shows the relationship between two moving averages. It is calculated as a difference between the fast and slow moving averages. The historically popular is the difference between a securities 26-day and 12-day Exponential Moving Averages (EMA).

Calculation:: Moving Average Convergence Divergence (MACD);
1) MACD Line: (12-day EMA - 26-day EMA);
2) Signal Line: 9-day EMA of MACD Line;
3) MACD Histogram: MACD Line - Signal Line;


PROFILE: Beach Petroleum (BPT.AX)


Stock Exchange: ASX
Company: Beach Petroleum
Ticker Codes: | BPT.AX | ASX:BPT |

About Beach Petroleum (ASX:BPT):

Beach Energy Limited explores, develops, produces, and sells oil, gas, and gas liquids. It holds interests in exploration and production tenements in Australia, New Zealand, and Tanzania. The company was formerly known as Beach Petroleum Limited and changed its name to Beach Energy Limited in December 2009. Beach Energy Limited was founded in 1961 and is based in Glenside, Australia.

Top 10:

MACD

Download
Company Close Change(%) Volume Value Signal
CAT Catuity 2.12 8.2 378,234 -0.02 BEARISH
ADH Adairs 2.59 7.9 5,215,203 -0.01 BEARISH
NWH NRW 3.18 7.1 3,688,408 -0.02 BEARISH
GXY Galaxy Resources 1.09 5.3 5,126,577 -0.01 BEARISH
IRI Integrated Research 3.06 4.1 237,351 -0.02 BEARISH
GNE Genesis Energy 3.17 3.9 59,116 -0.02 BEARISH
EBO Ebos 24 3.8 3,155 0 BEARISH
DDR Dicker Data 6.9 3.8 66,081 -0.06 BEARISH
BBN Baby Bunting 3.57 3.5 569,449 -0.06 BEARISH
APZ Aspen 1.17 3.5 5,254 -0.01 BEARISH