Gold Road Resources

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

Close Change



Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 106 4.4 0.41% 0.61% 4.0% -1.9% 36.3%
SHORT 108 4.4 0.44% 0.66% 2.2% -1.7% -18.1%


Technical Analysis

Gold Road Resources (GOR.AX)



Last Signal:


Trading: NO POSITION @ $1.12
Signal Strength: WEAK

Indicator MUST BE USED in additional to another technical indicator to confirmation for trading entry. Indicator can be applied to the short term timeframe but is only able to give and indication of the strength of the buyers versus sellers at the market close. This bar analysis can provide guidance on the daily battle between sellers and buyers from the companies recent trading.

Gold Road Resources (ASX:GOR) Neither buyers are keener than sellers translating to the price remaining flat for Gold Road Resources. This is the first day of neutral price movement for GOR adding strength to indecision in the first timeframe. The longest consecutive number of unchanged days over the last 12 months has been 4 days, of which a total of 1 have occurred this month. The ratio of neutral days against total trading days equals 0x

The only price most market participants look at is the closing price in relation to the previous day’s close. As such the position of the close has the ability to highlight recent performance and indirectly the keenness of traders.

[Calculations] Close Today Versus Close Yesterday (CTCY):
1) [Close] > [Close Yesterday] = Buyers keener than sellers;
2) [Close] < [Close Yesterday] = Sellers keener than buyers;
3) [Close] = [Close Yesterday] = Neither are keener

PROFILE: Gold Road Resources (GOR.AX)

Stock Exchange: ASX
Company: Gold Road Resources
Ticker Codes: | GOR.AX | ASX:GOR |

About Gold Road Resources (ASX:GOR):

Gold Road Resources Limited, together with its subsidiaries, engages in the exploration and development of mineral properties in Australia. The company primarily explores for gold deposits. It focuses on developing the Yamarna Belt comprising Gruyere, Central Bore, and Attila projects, which covers an area of 6,000 square kilometers located to the east of Laverton in Western Australia. The company was formerly known as Eleckra Mines Limited and changed its name to Gold Road Resources Limited in November 2010. Gold Road Resources Limited was incorporated in 2007 and is based in West Perth, Australia.

Top 10:

Close Change

Company Close Change(%) Volume Value Signal
LNG Liquefied Natural Gas 0.24 9.3 1,640,528 -1 BEARISH CROSSOVER
GTK Gentrack 4.95 7.4 29,333 -1 BEARISH CROSSOVER
ECX Eclipx 1.83 5.5 2,180,720 -1 BEARISH CROSSOVER
HFR Highfield Resources 0.73 4.3 10,284 -1 BEARISH CROSSOVER
CAJ Capitol Health 0.25 4.2 473,680 -1 BEARISH CROSSOVER
VGL Volante 3.73 3.9 1,984 -1 BEARISH CROSSOVER
ALK Alkane Exploration 0.61 3.4 1,751,848 -1 BEARISH CROSSOVER
WTC Wisetech Global 27.9 3.2 1,023,735 -1 BEARISH CROSSOVER
TWR Tower 0.65 3.2 12,833 -1 BEARISH CROSSOVER
BWX BWX 4.18 2.7 1,260,960 -1 BEARISH CROSSOVER