Gazal Corporation

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

Bollinger Bands



Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 24 20.4 0.21% 0.26% 20.5% -3.3% 39.2%
SHORT 24 11.5 0.21% 0.25% 5.9% -5.0% -69.8%


Technical Analysis

Gazal Corporation (GZL.AX)



Last Signal:


Trading: BUY @ $6.17
Signal Strength: STRONG

Indicator is best used in conjunction with additional indicators as it has the ability to highlight potential overbought or oversold levels. This indicator utilizes upper and lower bands to visually represent price extremes associated with the bands. Additional value can be added to the trading strategy by accessing divergences between price and volume.

Gazal Corporation (ASX:GZL) is no longer overbought The current level is 109.33% with a current width of 0.95.

The purpose of the Bollinger Bands is to provide a relative definition of high and low. By definition prices are high at the upper band and low at the lower band. This definition can aid in rigorous pattern recognition and is useful in comparing price action of the action of indicators to arrive at systematic trading decision.

Calculation: Bollinger Bands:
1) Middle Band = 20-day simple moving average (SMA);
2) Upper Band = 20-day SMA + (20-day standard deviation of price x 2);
3) Lower Band = 20-day SMA - (20-day standard deviation of price x 2);

PROFILE: Gazal Corporation (GZL.AX)

Stock Exchange: ASX
Company: Gazal Corporation
Ticker Codes: | GZL.AX | ASX:GZL |

About Gazal Corporation (ASX:GZL):

Gazal Corporation Limited, together with its subsidiaries, engages in the design, manufacture, import, wholesale, and retail of branded apparels and fashion accessories in Australia. It offers casualwear, men's business shirts, and intimate and swim apparels primarily under the Van Heusen, Calvin Klein, Nancy Ganz, and Bracks brands. The company is also involved in the retail of Calvin Klein, Tommy Hilfiger, and Van Heusen products. Gazal Corporation Limited was founded in 1958 and is based in Banksmeadow, Australia.

Top 10:

Bollinger Bands

Company Close Change(%) Volume Value Signal
NHF NIB 6.82 15.8 4,054,736 102.03 BULLISH
MPL Medibank Private 3.21 11.5 23,800,298 92.82 BULLISH
MNY Money3 2.21 9.4 151,763 88.15 BULLISH
EML Emerchants 2.25 9.2 1,361,616 63.07 BULLISH
AFA ASF 0.12 9.1 11,208 50.31 BULLISH
RHC Ramsay Health Care 69.58 7.3 1,172,273 89.12 BULLISH
AYS Amaysim Australia 0.76 7 283,622 82.59 BULLISH
MEZ Meridian Energy 4.2 6.3 25,687 56.98 BULLISH
GGG Greenland Minerals 0.09 5.7 2,860,427 60.17 BULLISH
JBH Jb Hi-Fi 26.92 5.2 559,642 73.3 BULLISH