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

Fibonacci Retracements

Score

0.5

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 10 53.6 0.30% 0.43% 55.1% -4.4% 134.3%
SHORT 10 20.5 0.20% 0.25% 9.9% -3.2% -5.4%

Summary

Technical Analysis

Gazal Corporation (GZL.AX)


Indicator:

FIBONACCI RETRACTION


Signal Strength: MEDIUM
Recommendation:

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading position.


Gazal Corporation (ASX:GZL) : The current Fibonacci Retraction levels are:
(23.61%) $6.16
(38.2%) $6.09
(50%) $6.08
(61.8%) $6.07

The current support levels are:
(78.6%) $6.06
(100%) $6.05
(138.2%) $6.03
(161.8%) $6.01
(261.8%) $5.95
(423.61%) $5.86



A Fibonacci retracement is a term used in technical analysis that refers to areas of support (price stops going lower) or resistance (price stops going higher). Fibonacci retracement levels use horizontal lines to indicate areas of support or resistance at the key Fibonacci levels before the trend continues in the original direction.

Calculation: Fibonacci Retracements:
1) Uptrend: C = B — (B — A) x N%;
2) Downtrend: C = B + (A — B) x N%;
3) Fibonacci Levels:
a) 23.61%;
b) 38.2%;
c) 50%;
d) 61.8%;
e) 78.6%;
f) 100%,


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:

Fibonacci Retracements

Download
Company Close Change(%) Volume Value Signal
NHF NIB 6.82 15.8 4,054,736 2.25 BULLISH
MPL Medibank Private 3.21 11.5 23,800,298 0.85 BULLISH
MNY Money3 2.21 9.4 151,763 0.44 BULLISH
EMH European Metals Holdings 0.41 9.3 135,933 0.13 BULLISH
EML Emerchants 2.25 9.2 1,361,616 0.86 BULLISH
AFA ASF 0.12 9.1 11,208 0.06 BULLISH
RHC Ramsay Health Care 69.58 7.3 1,172,273 12.66 BULLISH
AYS Amaysim Australia 0.76 7 283,622 0.19 BULLISH
CBA Commonwealth Bank 77.4 6.3 9,829,411 8.91 BULLISH
MEZ Meridian Energy 4.2 6.3 25,687 0.78 BULLISH