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

Williams %R



Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 43 9.3 0.70% 2.14% 3.3% -4.5% 36.1%
SHORT 44 9.5 0.73% 2.29% 3.9% -2.5% 91.2%


Technical Analysis

Developed by Larry Williams, Williams %R is a momentum indicator that is the inverse of the Fast Stochastic Oscillator. Also referred to as %R Williams %R reflects the level of the close relative to the highest high for the look-back period.

Calculation: Williams %R:
1) %R = (Highest High - Close)/(Highest High - Lowest Low) * -100;
2) Lowest Low = lowest low for the look-back period Highest High = highest high for the look-back period %R is multiplied by -100 correct the inversion and move the decimal;

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:

Williams %R

Company Close Change(%) Volume Value Signal
WEB Webjet 12.78 9.6 2,879,386 77.8 NEUTRAL
CDP Carindale Property Trust 6.45 8.4 1,646 45.9 NEUTRAL
COE Cooper Energy 0.61 5.2 15,743,497 44.4 NEUTRAL
TRS Reject Shop 2.63 5.2 333,895 61 NEUTRAL
MOC Mortgage Choice 1.28 4.5 104,636 71.8 NEUTRAL
SHM Shriro 0.69 3.8 14,592 45 NEUTRAL
PRU Perseus Mining 1 3.6 14,178,366 44.4 NEUTRAL
CGS Cogstate 0.31 3.3 7,548 28.6 NEUTRAL
SBM St Barbara Mines 2.56 3.2 5,298,434 0 NEUTRAL
NUF Nufarm 5.28 2.9 1,247,328 38.8 NEUTRAL