|Position||Trades||Duration||Win rate||Win/loss||Avg win||Avg loss||Return|
|Position||Trades||Duration||Win Rate||Win/Loss||Avg Win||Avg Loss||Return|
GR Engineering Services (GNG.AX)
Trading: BUY @ $0.99
Signal Strength: STRONG
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.
GR Engineering Services (ASX:GNG) is currently Oversold highlighting the potential for a short term trend reversal in the upward direction.
Acceleration bands serve as a trading envelope using an instrument’s typical volatility over a standard setting of 20 bars. The user may change the input (close) period length and multiplier factor.
Calculation: Acceleration Bands:
1) Upper band = ( High * ( 1 + 2 * (((( High – Low )/(( High + Low ) / 2 )) * 1000 ) * Factor )));
2) Lower band = ( Low * ( 1 – 2 * (((( High – Low )/(( High + Low ) / 2 )) * 1000 ) * Factor )));
3) Where Factor=0.001
PROFILE: GR Engineering Services (GNG.AX)
Stock Exchange: ASX
Company: GR Engineering Services
Ticker Codes: | GNG.AX | 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.
|RUL Runge||1.13||5.1||551,129||-0.67||BEARISH CROSSOVER|
|HFR Highfield Resources||0.8||4.6||86,664||-1||BEARISH CROSSOVER|
|EOS Electro Optic Systems Holdings||9.85||3.9||490,421||-1.69||BEARISH CROSSOVER|
|KGN Kogan||5.6||3.1||2,056,449||-2.89||BEARISH CROSSOVER|
|VGL Volante||3.64||3.1||46,740||-7.35||BEARISH CROSSOVER|
|IRI Integrated Research||2.93||2.8||158,662||-0.5||BEARISH CROSSOVER|
|AVJ Av Jennings Homes||0.64||2.4||172,425||-2.57||BEARISH CROSSOVER|
|NCK Nick Scali||7.15||2.1||74,199||-3.71||BEARISH CROSSOVER|
|NWH NRW||3.36||2.1||1,017,616||-6.57||BEARISH CROSSOVER|
|CKF Collins Foods||9.14||2||451,169||-0.53||BEARISH CROSSOVER|