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%

Company

Indicator

Code Company Date Close Change Indicator Value Signal

Trading Performance

MACD Volume

Score

2.1

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 40 10.0 0.55% 1.05% 4.3% -2.3% 46.4%
SHORT 40 10.7 0.63% 1.56% 6.3% -2.7% 115.5%

Summary

Technical Analysis

GR Engineering Services (GNG.AX)


Indicator:

VOLUME MACD


Last Signal:

BEARISH


Trading: SELL @ $0.99
Signal Strength: MEDIUM
Recommendation:

GR Engineering Services (ASX:GNG) currently has negative Volume MACD of -2541. This means the signal line is less than the Volume MACD line signalling a bearish movement.

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has the ability to detect the speed of movement & give an early signal for a potential movement. By understanding the rate at which the price is moving in respect to the stocks historical trades, enables positions to be set in place based on changes in the speed of movement


Volume Moving Average Convergence/Divergence (VMACD) is an indicator that shows the relationship between two moving averages. It is calculated as a difference between the fast and slow moving averages. The historically popular is the difference between a securities 26-day and 12-day Exponential Moving Averages (EMA).

Calculation: Moving Average Convergence Divergence Volume (VMACD):
1) VMACD Line: (12-day EMA - 26-day EMA);
2) Signal Line: 9-day EMA of VMACD Line;
3) VMACD Histogram: VMACD Line - Signal Line;


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:

MACD Volume

Download
Company Close Change(%) Volume Value Signal
MNS Milnes Holdings 0.11 4.8 239,846 -379,957 BEARISH
HFR Highfield Resources 0.8 4.6 86,664 -475 BEARISH
HUO Huon Aquaculture 4.7 4.4 14,880 -11,994 BEARISH
PNI Pinnacle Investment Management 4.81 4.3 558,446 -32,343 BEARISH
ISU Iselect 0.51 4.1 3,617 -5,045 BEARISH
EOS Electro Optic Systems Holdings 9.85 3.9 490,421 -40,993 BEARISH
ADH Adairs 2.24 3.7 396,970 -7,084 BEARISH
SYR Syrah Resources 0.6 3.5 2,137,353 -475,864 BEARISH
BFC Beston Global Food 0.09 3.4 153,368 -39,312 BEARISH
MDC Mcconnell Dowell Corporation 0.35 3 134,368 -36,511 BEARISH