GTN Resources

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%

What indicators would you like to backtest?

Trading Performance

Tricklar Trend

Score

0.4

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 5 91.4 0.40% 0.67% 7.9% -6.3% -3.2%
SHORT 6 54.7 0.50% 1.00% 30.7% -8.1% 67.9%

Summary

Technical Analysis

GTN Resources (GTN.AX)


Indicator:

TRICKLAR TREND


Last Signal:

NEUTRAL


Trading: HOLD @ $1.1
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 been constructed to highlight the existence of a trend for an assocaited timeframe. Trend determining indicators can be used in short, medium or long term timeframes & determines if the stock is trending or ranging. Once the trend status is quantified, this can then be coupled to additional indicators to add a significant advantage to the trading strategy.


GTN Resources (ASX:GTN)


The Tricklar medium term trend indicator (TRICK) highlights the peaks and troughs associated with a combination of bars within the first timeframe. As such, successive rallies penetrating preceding higher peaks whilst cancelling preceding low points offer a BULLISH indication in the second time frame. Conversely, failure of rallies to penetrate previous high points whilst maintaining prices below the previous low points indicates BEARISH trends in the second timeframe. The way in which multiple timeframes should be integrated in a complete analysis emphasises an important principle that applies to all technical analysis. The investor should always analyse a market from the big picture down to the level at which trading decisions are made. Trends can exist in many timeframes. Short term trends can therefore be seen together as part of a medium term trend and, in turn, medium trends can be seen together as part of a long term trend.
Calculation: Tricklar medium trend (TRICK):
1) [BULLISH] An uptrend is a succession of higher peaks and higher troughs;
2) [BEARISH] A downtrend is a succession of lower peaks and lower troughs;


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:

Tricklar Trend

Download
Company Close Change(%) Volume Value Signal
DCN Dacian Gold 0.55 23.6 6,024,943 -1 BEARISH
LNG Liquefied Natural Gas 0.29 9.6 1,664,251 -1 BEARISH
TZN Terramin Australia 0.08 8.7 388,211 -1 BEARISH
OMH OM Holdings 0.92 5.8 56,591 -1 BEARISH
KMD Kathmandu 2.06 4.3 154,871 -1 BEARISH
CAT Catuity 1.32 4.3 510,482 -1 BEARISH
FBR Fastbrick Robotics 0.08 4.2 978,830 -1 BEARISH
BEE Broo 0.03 4.2 369,883 -1 BEARISH
BBN Baby Bunting 2.18 3.8 510,542 -1 BEARISH
SXY Senex Energy 0.29 3.6 10,559,722 -1 BEARISH