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

Camarilla Pivot Points

Score

-1.55

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 102 4.1 0.34% 0.47% 2.2% -1.9% -66.0%
SHORT 103 5.0 0.44% 0.70% 2.6% -2.2% -22.7%

Summary

Technical Analysis

Karoon Gas Australia (KAR.AX)


Indicator:

CAMARILLA PIVOT POINT


Signal Strength: MEDIUM
Recommendation:

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


Karoon Gas Australia (ASX:KAR) current pivot point Camarilla is: $0.875.

The current resistance levels are: (R1) $0.953
(R2) $1.026
(R3) $1.099
(R4) $1.318

The current support levels are: (S1) $0.807
(S2) $0.734
(S3) $0.661
(S4) $0.443



Camarilla pivot points were discovered in 1989 by Nick Scott, a successful bond trader. The basic thesis for this strategy is a common one: That price, as most time series, has a tendency to revert to its mean.

Calculation: Camarilla Pivot Points:
1) R4 = Close + (High – Low) * 1.1/2;
2) R3 = Close + (High – Low) * 1.1/4;
3) R2 = Close + (High – Low) * 1.1/6;
4) R1 = Close + (High – Low) * 1.1/12;
5) PP = (HIGH + LOW + CLOSE) / 3;
6) S1 = Close – (High – Low) * 1.1/12;
7) S2 = Close – (High – Low) * 1.1/6;
8) S3 = Close – (High – Low) * 1.1/4;
9) S4 = Close – (High – Low) * 1.1/2;


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:

Camarilla Pivot Points

Download
Company Close Change(%) Volume Value Signal
AJX Alexium International 0.13 13 328,122 0 BULLISH CROSSOVER
BOC Bougainville Copper 0.11 10 84,981 0 BULLISH CROSSOVER
MGX Mount Gibson Iron 1.06 9.3 5,320,324 0.02 BULLISH CROSSOVER
MNF My Net Fone 3.73 7.2 55,752 0.08 BULLISH CROSSOVER
BSL Bluescope Steel 11.73 6.5 4,817,859 0.19 BULLISH CROSSOVER
GNG GR Engineering Services 0.85 5.6 43,068 0.01 BULLISH CROSSOVER
SFR Sandfire Resources 6.67 5.5 1,218,623 0.07 BULLISH CROSSOVER
OMH OM Holdings 0.91 5.2 125,747 0.01 BULLISH CROSSOVER
MEZ Meridian Energy 4.41 5 29,189 0.03 BULLISH CROSSOVER
BTI Bailador Technology Investments 0.98 4.8 48,460 0.01 BULLISH CROSSOVER