Gascoyne Resources

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

Detrended Price Oscillator



Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 13 18.5 0.31% 0.44% 9.7% -8.5% -37.6%
SHORT 13 39.5 0.31% 0.44% 113.2% -11.4% 350.2%


Technical Analysis

Gascoyne Resources (GCY.AX)



Last Signal:


Trading: SELL @ $0.039
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.

Gascoyne Resources (ASX:GCY) currently has a confirmed downtrend. Price is currently below the displaced moving average for GCY Currently, the return on DPO20 is -9.3%.

The Detrended Price Oscillator (DPO) is an indicator designed to remove trend from price and make it easier to identify cycles. DPO does not extend to the last date because it is based on a displaced moving average. However alignment with the most recent is not an issue because DPO is not a momentum oscillator. Instead DPO is used to identify cycle’s highs/lows and estimate cycle length.

Calculation: Detrended Price Oscillator (DPO):
1) Price (X/2 + 1) periods ago minus X-period simple moving average.
Where X is the number of periods;

PROFILE: Gascoyne Resources (GCY.AX)

Stock Exchange: ASX
Company: Gascoyne Resources
Ticker Codes: | GCY.AX | ASX:GCY |

About Gascoyne Resources (ASX:GCY):

Gascoyne Resources Limited engages in the exploration and development of gold and base metal projects in Australia. The company holds a 100% interest in the Dalgaranga gold project covering 780 square kilometers of area located in the Murchison region of Western Australia; a 100% interest in the Glenburgh gold project covering 2,000 square kilometers of area located in the Southern Gascoyne region of Western Australia; and a 100% interest in the Egerton gold project covering 450 square kilometers of area located in the Southern Gascoyne region of Western Australia. It also controls various tenements and tenement applications in the Murchison, Pilbara, and Gascoyne regions of Western Australia. The company was founded in 2009 and is headquartered in West Perth, Australia.

Top 10:

Detrended Price Oscillator

Company Close Change(%) Volume Value Signal
GNG GR Engineering Services 0.95 9.8 41,600 -0.07 BEARISH
ALK Alkane Exploration 0.24 9.1 1,447,163 -0.01 BEARISH
YAL Yancoal Australia 3.47 5.2 43,359 -0.08 BEARISH
RIC Ridley Corporation 1.35 5.1 237,655 -0.03 BEARISH
GWA GWA 3.27 5.1 1,134,442 -0.08 BEARISH
MTO Moto Goldmines 1.18 4.9 70,135 -0.34 BEARISH
EVO Evolve Education 0.12 4.5 7,151,826 -0.11 BEARISH
BFC Beston Global Food 0.12 4.3 687,748 -0.01 BEARISH
CWP Cedar Woods Properties 5.52 4.2 56,377 -0.08 BEARISH
PPS Praemium 0.38 4.2 1,900,854 -0.09 BEARISH