|Position||Trades||Duration||Win rate||Win/loss||Avg win||Avg loss||Return|
|Position||Trades||Duration||Win Rate||Win/Loss||Avg Win||Avg Loss||Return|
Donaco International (DNA.AX)
Trading: SELL @ $0.075
Signal Strength: MEDIUM
Indicator is best used in conjunction with additional indicators as it has the ability to highlight potential overbought or oversold levels. This indicator utilizes upper and lower bands to visually represent price extremes associated with the bands. Additional value can be added to the trading strategy by accessing divergences between price and volume.
Donaco International (ASX:DNA) current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bearish trading conditions. Currently, the Lower Band is 0.076.
Moving Average Envelopes are percentage-based envelopes set above and below a moving average. The moving average which forms the base for this indicator can be a simple or exponential moving average. Each envelope is then set the same percentage above or below the moving average. This creates parallel bands that follow price action. With a moving average as the base Moving Average Envelopes can be used as a trend following indicator.
Calculation: Moving Average Envelope:
1) Upper Envelope: 20-day SMA + (20-day SMA x .025);
2) Lower Envelope: 20-day SMA - (20-day SMA x .025);
PROFILE: Donaco International (DNA.AX)
Stock Exchange: ASX
Company: Donaco International
Ticker Codes: | DNA.AX | ASX:DNA |
Donaco International Limited engages in the leisure and hospitality businesses in the Asia Pacific region. It operates Star Vegas Resort & Club, a casino and hotel complex comprising approximately 100 gaming tables, 1500 slot machines, and 385 hotel rooms in Poipet, Cambodia on the border with Thailand; and Aristo International Hotel, a boutique casino comprising 400 hotel rooms in northern Vietnam, on the border with Yunnan Province, China. The company was founded in 2002 and is based in Sydney, Australia.
|AJX Alexium International||0.06||14||224,969||-50||BEARISH|
|UOS United Overseas Australia||0.8||9.6||110,847||-24.39||BEARISH|
|MNS Milnes Holdings||0.08||7.1||959,142||-250||BEARISH|
|ABC Adelaide Brighton||3.06||6.3||4,642,840||-78.31||BEARISH|
|APE Ap Eagers Holdings||9.01||6.1||787,808||-17.45||BEARISH|
|RFG Retail Food||0.1||5.4||3,748,600||-20||BEARISH|
|FDV Frontier Digital Ventures||1||5.3||159,343||-29.13||BEARISH|