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

Simple Moving Average

Score

-1.3

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 23 15.4 0.30% 0.37% 4.8% -3.9% -41.5%
SHORT 23 17.8 0.22% 0.28% 7.5% -4.2% -39.2%

Summary

Technical Analysis

BSE (BSE.AX)


Indicator:

SIMPLE MOVING AVERAGE


Last Signal:

BULLISH


Trading: BUY @ $0.255
Signal Strength: STRONG
Recommendation:

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
Company: BSE
Ticker Codes: | BSE.AX | ASX:BSE |

About BSE (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.

Top 10:

Simple Moving Average

Download
Company Close Change(%) Volume Value Signal
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