Karoon Gas Australia

What indicators would you like to setup a trade for?

Candlestick Daily volume index Bar reversal Edit

Trade setup

Position Order Entry Exit Stop Loss Risk Return Expectancy
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?

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%

Company

Indicator

Code Company Date Close Change Indicator Value Signal

Trading Performance

Demark's Pivot Points

Score

-0.3

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 107 4.6 0.43% 0.70% 3.0% -2.4% -16.8%
SHORT 105 4.3 0.55% 1.09% 2.4% -2.7% -6.1%

Summary

Technical Analysis

Karoon Gas Australia (KAR.AX)


Indicator:

DEMARK 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 (DeMark) is:
(R1) $1.068.

The current pivot point (DeMark) is:
(S1) $1.038.



Demark Pivot Points start with a different base and use different formulas for support and resistance. These Pivot Points are conditional on the relationship between the close and the open.

Calculation: Demarks Pivot Points:
1) If Close < Open then X = High + (2 x Low) + Close;
2) If Close > Open then X = (2 x High) + Low + Close;
3) If Close = Open then X = High + Low + (2 x Close) ;
4) Pivot Point (P) = X/4;
5) Support 1 (S1) = X/2 – High;
6) Resistance 1 (R1) = X/2 – Low;


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:

Demark's Pivot Points

Download
Company Close Change(%) Volume Value Signal
RKN Reckon 0.76 13.4 127,825 0.01 BULLISH
IMD Imdex 1.64 8.3 5,288,860 0.01 BULLISH
EWC Energy World Corporation 0.08 7.9 866,274 0 BULLISH
MCY Mighty River Power 5.44 7.7 6,292 0.09 BULLISH
MLD Maca 1 5.3 1,065,336 0.02 BULLISH
AMP AMP 1.99 5.3 27,594,274 0.03 BULLISH
TBR Tribune Resources 5.3 3.9 38,686 0.03 BULLISH
TRS Reject Shop 4.54 3.9 174,049 0.05 BULLISH
NWH NRW 2.9 3.6 3,450,530 0.01 BULLISH
ABP Abacus Property 4.05 3.1 2,265,633 0.02 BULLISH