|Position||Trades||Duration||Win rate||Win/loss||Avg win||Avg loss||Return|
|Position||Trades||Duration||Win Rate||Win/Loss||Avg Win||Avg Loss||Return|
GTN Resources (GTN.AX)
Trading: HOLD @ $1.22
Signal Strength: MEDIUM
GTN Resources (ASX:GTN) current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the ADLINE is 12048.6. day. During the quarter, the highest ADLINE value was 114769.
Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. Indicator can be applied to the short/medium term timeframe, but the best results are obtained with larger cyclical swings in-line with the trend direction. This accumulation / distribution oscillator can provide guidance on the money flow direction from the companies recent trading.
Accumulation/distribution (ADLINE) is a momentum indicator that attempts to gauge supply and demand by determining whether investors are generally accumulating or buying or distributing or selling a certain stock by identifying divergences between stock price and volume flow. The accumulation/distribution is calculated by first calculating the money flow multiplier then multiplying the money flow multiplier by the period’s volume.
Calculation: Accumulation Distribution Line:
1) Money Flow Multiplier = [(close - low) - (high - close)] / (high - low);
2) Money Flow Volume = Money Flow Multiplier x volume for the period;
3) Accumulation/Distribution= previous Accumulation/Distribution + current periods Money Flow Volume.
PROFILE: GTN Resources (GTN.AX)
Stock Exchange: ASX
Company: GTN Resources
Ticker Codes: | GTN.AX | ASX:GTN |
King Island Scheelite Limited, together with its subsidiaries, engages in the exploration, development, and production of tungsten deposits in Australia. It primarily holds a 100% interest in the Dolphin Project located in King Island. The company was formerly known as GTN Resources Limited and changed its name to King Island Scheelite Limited in October 2005. King Island Scheelite Limited was incorporated in 1966 and is based in Sydney, Australia.
|DNA Donaco International||0.08||9.2||4,579,010||586,526.4||BULLISH|
|MTO Moto Goldmines||1.34||4.7||78,748||33,572.5||BULLISH|
|DFM Dongfang Modern Agriculture||0.88||4.1||241,557||59,422.5||BULLISH|
|ARA Ariadne Australia||0.65||4||6,000||7,796.2||BULLISH|
|DDR Dicker Data||5.16||4||280,998||76,488.9||BULLISH|
|RMS Ramelius Resources||0.86||3.6||2,311,783||482,931.7||BULLISH|