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

0.1

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 9 32.1 0.22% 0.29% 16.1% -5.8% -8.3%
SHORT 10 46.1 0.30% 0.43% 18.7% -4.6% 24.2%

Summary

Technical Analysis

Decmil (DCG.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.


Decmil (ASX:DCG) : The current Fibonacci Extension levels are:
(23.61%) $0.84
(38.2%) $0.86
(50%) $0.88
(61.8%) $0.9

The current support levels are:
(78.6%) $0.92
(100%) $0.95
(138.2%) $1
(161.8%) $1.04
(261.8%) $1.18
(423.61%) $1.41



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: Decmil (DCG.AX)


Stock Exchange: ASX
Company: Decmil
Ticker Codes: | DCG.AX | ASX:DCG |

About Decmil (ASX:DCG):

Decmil Group Limited, through its subsidiaries, provides design, engineering, and construction works for natural resources, government, and infrastructure sectors in Australia and internationally. It operates through three segments: Construction and Engineering, Accommodation, and Other. The company engages in the civil works, including site preparation, excavation, and bulk earthworks on brown and greenfield projects in regional and remote areas; construction of remote non-process infrastructure, such as industrial buildings, processing plants, workshops, and storage facilities; and design and construction of permanent and temporary accommodation consisting of villages for the resource sector. It is also involved in government infrastructure projects, such as accommodation, immigration facilities, corrections facilities, office buildings, defense facilities, schools, administration buildings, and storage facilities; road and bridge civil engineering projects; and design and construction of fuel infrastructure facilities. In addition, the company provides coal seam gas and LNG wellhead installation with related pipelines and facilities; civil works for remote wind and solar projects, including site preparation, foundations, and pilings; structural and mechanical installations, such as towers for wind farms and framing systems, and PV modules for solar projects; specialist electrical work for energy storage and distribution; and design, installation, commissioning, and maintenance services to telecommunications network owners, manufacturers, and NBN service providers. Further, it fabricates and installs high pressure pipes, vessels, and tanks. Decmil Group Limited was founded in 1979 and is headquartered in Osborne Park, Australia.

Top 10:

Fibonacci Extensions

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