GTN 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%

Company

Indicator

Code Company Date Close Change Indicator Value Signal

Trading Performance

MACD Volume

Score

0.5

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 30 13.7 0.47% 0.74% 6.4% -6.8% -39.8%
SHORT 30 11.4 0.53% 1.07% 6.8% -3.6% 53.7%

Summary

Technical Analysis

GTN Resources (GTN.AX)


Indicator:

VOLUME MACD


Last Signal:

BULLISH


Trading: HOLD @ $0.815
Signal Strength: MEDIUM
Recommendation:

GTN Resources (ASX:GTN) currently has positive Volume MACD of 394674. This means the signal line is greater than the Volume MACD line signalling a bullish movement.

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has the ability to detect the speed of movement & give an early signal for a potential movement. By understanding the rate at which the price is moving in respect to the stocks historical trades, enables positions to be set in place based on changes in the speed of movement


Volume Moving Average Convergence/Divergence (VMACD) is an indicator that shows the relationship between two moving averages. It is calculated as a difference between the fast and slow moving averages. The historically popular is the difference between a securities 26-day and 12-day Exponential Moving Averages (EMA).

Calculation: Moving Average Convergence Divergence Volume (VMACD):
1) VMACD Line: (12-day EMA - 26-day EMA);
2) Signal Line: 9-day EMA of VMACD Line;
3) VMACD Histogram: VMACD Line - Signal Line;


PROFILE: GTN Resources (GTN.AX)


Stock Exchange: ASX
Company: GTN Resources
Ticker Codes: | GTN.AX | ASX:GTN |

About GTN Resources (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.

Top 10:

MACD Volume

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Company Close Change(%) Volume Value Signal
GSW Getswift 0.67 28.8 1,931,909 -66,679 BEARISH
HLO Helloworld 4.57 6.3 183,138 -9,150 BEARISH
OPT Opthea 3.57 6.3 329,534 -291,229 BEARISH
IPD Impedimed 0.18 6.1 799,610 -24,604 BEARISH
CAT Catuity 1.4 5.7 199,264 -103,868 BEARISH
NMT Neometals 0.19 5.7 132,523 -35,176 BEARISH
KMD Kathmandu 2.63 5.6 110,689 -7,429 BEARISH
IMD Imdex 1.47 5 351,531 -79,727 BEARISH
BWX BWX 3.6 4.3 1,728,774 -54,706 BEARISH
OMH OM Holdings 0.53 3.9 482,176 -11,998 BEARISH