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

Relative Strength Index



Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 10 38.9 0.10% 0.10% 0.0% -8.0% -79.7%
SHORT 10 31.7 0.20% 0.25% 5.8% -4.4% -23.2%


Technical Analysis

The relative strength index (RSI) is a momentum indicator developed by noted technical analyst Welles Wilder which compares the magnitude of recent gains and losses over a specified time period to measure speed and change of price movements of a security. It is primarily used to attempt to identify overbought or oversold conditions in the trading of an asset.

Calculation: Relative Strength Index (RSI):
1) RSI = 100 - 100 / (1 + RS);
2) RS = Average Gain / Average Loss;

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:

Relative Strength Index

Company Close Change(%) Volume Value Signal
DNA Donaco International 0.09 16 3,273,494 55.37 NEUTRAL
SHV Select Harvests 7.74 6.9 548,619 60.36 NEUTRAL
BKY Berkeley Resources 0.25 6.5 1,484 43.93 NEUTRAL
MTO Moto Goldmines 2.3 6 18,600 57.13 NEUTRAL
IRD Iron Road 0.05 5.9 106,208 52.53 NEUTRAL
MEZ Meridian Energy 4.47 5.4 59,827 57.02 NEUTRAL
KAR Karoon Gas Australia 1.12 5.2 10,227,368 58.21 NEUTRAL
EML Emerchants 4.73 5.1 2,784,556 68.83 NEUTRAL
CDV Cardinal Resources 0.31 5.1 66,456 41.2 NEUTRAL
CIA Champion Iron 2.25 5.1 764,888 64.98 NEUTRAL