Karoon Gas Australia

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

Stochastic Oscillator



Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 45 7.8 0.29% 0.38% 4.2% -2.6% -34.5%
SHORT 46 10.3 0.39% 0.60% 4.7% -2.5% 8.0%


Technical Analysis

In technical analysis of securities trading the stochastic oscillator is a momentum indicator that uses support and resistance levels. Dr George Lane developed this indicator in the late 1950s. The term stochastic refers to the point of a current price in relation to its price range over a period of time. This method attempts to predict price turning points by comparing the closing price of a security to its price range.

Calculation: Stochastic Oscillator:
1) %K = (Current Close - Lowest Low)/(Highest High - Lowest Low) * 100;
2) %D = 3-day SMA of %K Lowest Low = lowest low for the look-back period Highest High = highest high for the look-back period %K is multiplied by 100 to move the decimal point two places;

PROFILE: Karoon Gas Australia (KAR.AX)

Stock Exchange: ASX
Company: Karoon Gas Australia
Ticker Codes: | KAR.AX | ASX:KAR |

About Karoon Gas Australia (ASX:KAR):

Karoon Gas Australia Ltd operates as an oil and gas exploration company in Australia, Brazil, and Peru. It has a working interest in two off-shore permits in the Browse and Carnarvon basins located to the north Western Australian coastline covering a combined area of 15,492 square kilometers. The company also holds working interest in five offshore blocks in the Santos Basin located in the State of Santa Catarina covering an area of 549 square kilometers. In addition, the company has a working interest in an off-shore block in the Tumbes Basin located approximately to the north-west coast of Peru covering an area of 4,750 square kilometers. The company was incorporated in 2003 and is headquartered in Mount Martha, Australia.

Top 10:

Stochastic Oscillator

Company Close Change(%) Volume Value Signal
AJX Alexium International 0.13 13 328,122 50 BULLISH CROSSUNDER
BOC Bougainville Copper 0.11 10 84,981 33.3 BULLISH CROSSUNDER
MGX Mount Gibson Iron 1.06 9.3 5,320,324 34.4 BULLISH CROSSUNDER
CAJ Capitol Health 0.22 7.3 466,982 33.3 BULLISH CROSSUNDER
GNG GR Engineering Services 0.85 5.6 43,068 47.4 BULLISH CROSSUNDER
BTI Bailador Technology Investments 0.98 4.8 48,460 83.3 BULLISH CROSSUNDER
BFC Beston Global Food 0.11 4.8 118,825 25 BULLISH CROSSUNDER
OFX Ozforex 1.52 3.4 240,509 36.8 BULLISH CROSSUNDER
NWH NRW 2.53 3.3 1,896,077 32.1 BULLISH CROSSUNDER
FPH Fisher & Paykel Healthcare 14.66 3.2 402,161 74.4 BULLISH CROSSUNDER