Gowing Bros

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

Fibonacci Retracements

Score

-3.4

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 20 13.0 0.05% 0.05% 0.4% -1.7% -32.4%
SHORT 21 23.8 0.43% 0.69% 2.5% -1.5% 2.3%

Summary

Technical Analysis

Gowing Bros (GOW.AX)


Indicator:

FIBONACCI RETRACTION


Signal Strength: MEDIUM
Recommendation:

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading position.


Gowing Bros (ASX:GOW) : The current Fibonacci Retraction levels are:
(23.61%) $2.22
(38.2%) $2.23
(50%) $2.24
(61.8%) $2.25

The current support levels are:
(78.6%) $2.26
(100%) $2.28
(138.2%) $2.31
(161.8%) $2.33
(261.8%) $2.41
(423.61%) $2.54



A Fibonacci retracement is a term used in technical analysis that refers to areas of support (price stops going lower) or resistance (price stops going higher). Fibonacci retracement levels use horizontal lines to indicate areas of support or resistance at the key Fibonacci levels before the trend continues in the original direction.

Calculation: Fibonacci Retracements:
1) Uptrend: C = B — (B — A) x N%;
2) Downtrend: C = B + (A — B) x N%;
3) Fibonacci Levels:
a) 23.61%;
b) 38.2%;
c) 50%;
d) 61.8%;
e) 78.6%;
f) 100%,


PROFILE: Gowing Bros (GOW.AX)


Stock Exchange: ASX
Company: Gowing Bros
Ticker Codes: | GOW.AX | ASX:GOW |

About Gowing Bros (ASX:GOW):

Gowing Bros. Limited operates as an investment and wealth management company in Australia. It operates through two divisions, Investment Management and Property Management. The Investment Management segment invests in securities listed on the Australian Stock Exchange in private equity vehicles, as well as loans, including mezzanine finance arrangements. The Property Management segment engages in the ownership and leasing of commercial properties; and the development and sale of residential and commercial properties. The company was founded in 1868 and is based in Pyrmont, Australia.

Top 10:

Fibonacci Retracements

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