|Position||Trades||Duration||Win rate||Win/loss||Avg win||Avg loss||Return|
|Position||Trades||Duration||Win Rate||Win/Loss||Avg Win||Avg Loss||Return|
SIMPLE MOVING AVERAGE
Trading: BUY @ $0.255
Signal Strength: STRONG
Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has the ability to highlight trends across numerous timeframes. This indicator has the ability to smooth historical results to illustrate trend initiation and status. Although this is a simple trend following indicator & can provide good results when coupled with the right indicator. Note, this indicator does not work well in ranging markets producing unwanted whipsaws and false signals.
BSE (ASX:BSE) currently has a confirmed uptrend. This means the SMA 15 day average has exceeded the closing price confirming the short term trend following indicator. Currently, the return on SMA15 is -1.9%.
A simple moving average is formed by computing the average price of a security over a specific number of periods. Most moving averages are based on closing prices.
Calculation: Simple Moving Average:
1) SMA: n period sum / n;
PROFILE: BSE (BSE.AX)
Stock Exchange: ASX
Ticker Codes: | BSE.AX | ASX:BSE |
Base Resources Limited produces and sells mineral sands in Africa. The company produces mineral sands, such as rutile, ilmenite, and zircon. It primarily owns 100% interests in the Kwale mineral sands project located in Kenya. The company was formerly known as Base Iron Limited and changed its name to Base Resources Limited in 2010. Base Resources Limited is based in West Perth, Australia.
|MOY Millennium Minerals||0.13||13.6||1,861,319||11.1||BULLISH|
|ONE Oneview Healthcare||0.29||11.8||184,305||11.8||BULLISH|
|SLR Silver Lake Resources||1.45||8.2||9,252,383||17.8||BULLISH|
|MXI Maxitra Industries||0.33||8.2||24,282||10.5||BULLISH|
|RSG Resolute Mining||1.74||7.1||9,161,059||23.3||BULLISH|
|PRU Perseus Mining||0.71||6.8||12,414,565||12.7||BULLISH|
|AEF Australian Ethical Investments||2.03||6.8||76,257||11.6||BULLISH|
|AQG Alacer Gold Corp||5.42||6.3||936,317||10||BULLISH|
|NST Northern Star Resources||13.47||6||4,840,454||13.3||BULLISH|
|WAF West African Resources||0.39||5.4||3,897,020||12.7||BULLISH|