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

Triangular Moving Average

Score

-0.85

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 26 10.8 0.19% 0.24% 5.0% -3.9% -55.8%
SHORT 26 19.1 0.19% 0.24% 33.1% -3.9% 82.6%

Summary

Technical Analysis

GTN Resources (GTN.AX)


Indicator:

TRIANGULAR MOVING AVERAGE


Last Signal:

BEARISH


Trading: SELL @ $0.815
Signal Strength: STRONG
Recommendation:

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has the ability to highlight trends across numerous timeframes. This indicator has the ability to smooth historical results to illustrate trend initiation and status. Although this is a simple trend following indicator & can provide good results when coupled with the right indicator. Note, this indicator does not work well in ranging markets producing unwanted whipsaws and false signals.


GTN Resources (ASX:GTN) currently has a confirmed downtrend. Recent trading has caused the TMA 15 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on TMA15 is 1.9%.



A triangular moving average can be calculated using various input data such as prices volume or another technical indicator.

Calculation: Triangular Moving Average (TMA):
1) SMA: n period sum / n;
2) TMA = (n SMA period sum) / N;


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:

Triangular Moving Average

Download
Company Close Change(%) Volume Value Signal
GSW Getswift 0.67 28.8 1,931,909 21.2 BULLISH
HLO Helloworld 4.57 6.3 183,138 6.1 BULLISH
CAT Catuity 1.4 5.7 199,264 5.2 BULLISH
KMD Kathmandu 2.63 5.6 110,689 13.3 BULLISH
RAP Resapp Health 0.21 5.1 312,117 19.2 BULLISH
IMD Imdex 1.47 5 351,531 0.1 BULLISH
EWC Energy World Corporation 0.09 4.9 314,710 16.2 BULLISH
EOS Electro Optic Systems Holdings 6.74 4.8 1,543,165 25.3 BULLISH
VOC Vocus Communications 3.59 4.7 2,837,918 0.7 BULLISH
AHG Advance Healthcare 3.52 4.5 998,167 1.4 BULLISH