Energy World Corporation

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

-1.25

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 9 24.7 0.22% 0.29% 2.8% -10.4% -67.6%
SHORT 9 57.8 0.33% 0.50% 64.8% -11.1% 127.5%

Summary

Technical Analysis

Energy World Corporation (EWC.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.


Energy World Corporation (ASX:EWC) : The current Fibonacci Extension levels are:
(23.61%) $0.1
(38.2%) $0.09
(50%) $0.09
(61.8%) $0.09

The current support levels are:
(78.6%) $0.08
(100%) $0.08
(138.2%) $0.07
(161.8%) $0.07
(261.8%) $0.05
(423.61%) $0.01



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: Energy World Corporation (EWC.AX)


Stock Exchange: ASX
Company: Energy World Corporation
Ticker Codes: | EWC.AX | ASX:EWC |

About Energy World Corporation (ASX:EWC):

Energy World Corporation Ltd, an independent energy company, produces and sells power and natural gas primarily in the Asia Pacific region. It designs, develops, constructs, operates, and maintains power stations, liquefied natural gas (LNG) plants, gas processing plants, and gas pipelines; explores, develops, and produces gas and oil; and designs and develops LNG receiving terminals. The company also engages in the road transportation of LNG. It owns and operates a 315 MW combined cycle power plant in Sengkang, South Sulawesi, Indonesia; and an 8.68 MW power plant in Alice Springs, Northern Territory, Australia. The company also has gas interests in the Sengkang contract area in south Sulawesi, Indonesia; and in Gilmore and Eromanga gas fields in Queensland, Australia. Energy World Corporation Ltd has strategic alliances with Slipform Engineering International (H.K.) Ltd; Chart; Siemens; Energy World International Ltd.; and Strike Energy Limited. The company was formerly known as Conversion Technology and changed its name to Energy World Corporation Ltd in 2001. Energy World Corporation Ltd was incorporated in 1985 and is headquartered in Seaforth, Australia.

Top 10:

Fibonacci Extensions

Download
Company Close Change(%) Volume Value Signal
DNA Donaco International 0.08 20.3 5,689,315 0.04 BULLISH
EVO Evolve Education 0.13 8.7 2,297,541 0.06 BULLISH
VRL Village Roadshow 3.1 4.7 145,297 0.75 BULLISH
AYS Amaysim Australia 0.35 4.5 389,809 0.35 BULLISH
MEZ Meridian Energy 5 4 31,416 0.62 BULLISH
IFL Ioof Holdings 7.3 3.5 4,728,089 2.6 BULLISH
BBN Baby Bunting 3.48 3.3 830,020 0.55 BULLISH
RMS Ramelius Resources 1.28 3.2 4,064,876 0.39 BULLISH
TGR Tassal 4.19 2.7 919,633 4.19 BULLISH
TRS Reject Shop 2.33 2.6 93,677 0.79 BULLISH