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

Simple Moving Average



Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 38 8.1 0.18% 0.21% 4.9% -2.0% -30.7%
SHORT 39 12.4 0.33% 0.45% 5.0% -2.1% 2.7%


Technical Analysis

Karoon Gas Australia (KAR.AX)



Last Signal:


Trading: SELL @ $0.95
Signal Strength: STRONG

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has the ability to highlight trends across numerous timeframes. This indicator has the ability to smooth historical results to illustrate trend initiation and status. Although this is a simple trend following indicator & can provide good results when coupled with the right indicator. Note, this indicator does not work well in ranging markets producing unwanted whipsaws and false signals.

Karoon Gas Australia (ASX:KAR) currently has a confirmed downtrend. This means the SMA 15 day average has moved below the closing price confirming the short term trend following indicator. Currently, the return on SMA15 is -3.6%.

A simple moving average is formed by computing the average price of a security over a specific number of periods. Most moving averages are based on closing prices.

Calculation: Simple Moving Average:
1) SMA: n period sum / n;

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:

Simple Moving Average

Company Close Change(%) Volume Value Signal
KSC K&S Corporation 1.67 0 0 0 BEARISH CROSSOVER
FGG Future Generation Global 1.38 -0.4 188,003 0 BEARISH CROSSOVER
RRL Regis Resources 4.51 -0.4 1,366,631 -0.5 BEARISH CROSSOVER
QVE QV Equities 1.05 -0.5 386,617 -0.1 BEARISH CROSSOVER
RHL Ruralco Holdings 4.39 -0.5 109,109 -0.2 BEARISH CROSSOVER
AMC Amcor 16.25 -0.8 3,617,581 -0.7 BEARISH CROSSOVER
KDR Kidman Resources 1.88 -0.8 9,512,221 -0.7 BEARISH CROSSOVER
CWY Cleanaway Waste Management 2.24 -0.9 2,237,779 -0.5 BEARISH CROSSOVER
CDP Carindale Property Trust 6.7 -0.9 6,010 -0.3 BEARISH CROSSOVER
LYL Lycopodium 4.65 -1.1 8,495 -0.5 BEARISH CROSSOVER