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

Simple Moving Average

Score

0.8

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 34 9.6 0.24% 0.30% 10.3% -2.0% 27.9%
SHORT 35 14.6 0.34% 0.46% 8.2% -2.1% 44.3%

Summary

Technical Analysis

Karoon Gas Australia (KAR.AX)


Indicator:

SIMPLE MOVING AVERAGE


Last Signal:

BULLISH


Trading: BUY @ $1.29
Signal Strength: STRONG
Recommendation:

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 uptrend. This means the SMA 15 day average has exceeded the closing price confirming the short term trend following indicator. Currently, the return on SMA15 is 4.5%.



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

Download
Company Close Change(%) Volume Value Signal
BNO Bionomics 0.05 35.9 9,907,813 39.8 BULLISH
BOC Bougainville Copper 0.14 17.4 108,996 21.7 BULLISH
MNS Milnes Holdings 0.19 8.8 927,235 11.6 BULLISH
ONE Oneview Healthcare 0.29 7.4 3,200 13.8 BULLISH
BRN Brainchip Holdings 0.05 6.7 3,264,414 13.2 BULLISH
BKW Brickworks 17.54 6.4 1,060,035 6.7 BULLISH
SDA Speedcast International 1.24 6 4,505,876 7 BULLISH
BGA Bega Cheese 4.58 4.8 1,923,906 8 BULLISH
ISD Isentia 0.45 4.7 660,482 18.7 BULLISH
DDR Dicker Data 7.67 4.1 226,493 9.1 BULLISH