GR Engineering Services

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%



Code Company Date Close Change Indicator Value Signal

Trading Performance

Accumulation Distribution



Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 34 12.9 0.32% 0.44% 2.7% -3.9% -67.4%
SHORT 32 10.8 0.44% 0.58% 3.4% -2.3% -7.8%


Technical Analysis

GR Engineering Services (GNG.AX)



Last Signal:


Trading: HOLD @ $0.96
Signal Strength: MEDIUM

GR Engineering Services (ASX:GNG) current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the ADLINE is 16282.6. day. During the quarter, the highest ADLINE value was 16282.6.

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. Indicator can be applied to the short/medium term timeframe, but the best results are obtained with larger cyclical swings in-line with the trend direction. This accumulation / distribution oscillator can provide guidance on the money flow direction from the companies recent trading.

Accumulation/distribution (ADLINE) is a momentum indicator that attempts to gauge supply and demand by determining whether investors are generally accumulating or buying or distributing or selling a certain stock by identifying divergences between stock price and volume flow. The accumulation/distribution is calculated by first calculating the money flow multiplier then multiplying the money flow multiplier by the period’s volume.

Calculation: Accumulation Distribution Line:
1) Money Flow Multiplier = [(close - low) - (high - close)] / (high - low);
2) Money Flow Volume = Money Flow Multiplier x volume for the period;
3) Accumulation/Distribution= previous Accumulation/Distribution + current periods Money Flow Volume.

PROFILE: GR Engineering Services (GNG.AX)

Stock Exchange: ASX
Company: GR Engineering Services
Ticker Codes: | GNG.AX | ASX:GNG |

About GR Engineering Services (ASX:GNG):

GR Engineering Services Limited, an engineering, consulting, and contracting company, provides engineering design and construction services to the mining and mineral processing industries in Australia and internationally. The company operates through Mineral Processing, and Oil and Gas segments. Its services cover various aspects of projects, including initial evaluation and study phase, as well as design, construction, commissioning, and operational support. The company's services include the design and construction of minerals processing facilities and related infrastructure for greenfield or brownfield projects, such as plant modifications, upgrades, and expansions; plant evaluation and condition reports; plant operations, and maintenance support and optimization; and plant relocation, refurbishment, and recommissioning, as well as engages in the provision of owners representatives and teams for project management and delivery, and asset management services. Its services also comprise engineering and process design consulting services; feasibility studies comprising scoping, pre-feasibility, and definitive engineering studies, as well as feasibility studies. In addition, the company offers operations, maintenance, and well management services to the oil and gas sector. GR Engineering Services Limited was founded in 1986 and is based in Ascot, Australia.

Top 10:

Accumulation Distribution

Company Close Change(%) Volume Value Signal
OCL Objective Corporation 6.3 5.9 42,263 5,812.3 BULLISH
BRN Brainchip Holdings 0.06 5.7 7,517,862 767,238.3 BULLISH
RUL Runge 0.94 3.9 307,754 57,993 BULLISH
ASG Autosports 1.66 3.8 78,300 141,916 BULLISH
MEZ Meridian Energy 5.18 3.6 58,221 10,151.7 BULLISH
RAP Resapp Health 0.3 3.4 2,331,302 500,124.3 BULLISH
MNF My Net Fone 4.98 3.3 93,253 14,893.3 BULLISH
MOC Mortgage Choice 1.33 2.7 32,069 19,940.5 BULLISH
MLD Maca 1 2.6 372,845 69,085.2 BULLISH
OFX Ozforex 1.4 2.6 457,809 29,483.2 BULLISH