|Position||Trades||Duration||Win rate||Win/loss||Avg win||Avg loss||Return|
|Position||Trades||Duration||Win Rate||Win/Loss||Avg Win||Avg Loss||Return|
Karoon Gas Australia (KAR.AX)
SINE WEIGHTED MOVING AVERAGE
Trading: BUY @ $0.9
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 uptrend. Recent trading has caused the SWMA 15 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SWMA15 is 1.7%.
A Sine wave is a smooth repetitive oscillation that shifts between a high of y and a low of -y. A SW-MA takes its weighting from the first half of a Sine wave cycle so the largest weighting is given to the data in the middle. The result is very similar to the Triangular Moving Average (Tri-MA) but much more difficult to calculate.
Calculation: Sine Weighted Moving Average (SWMA):
4) S2:=Sin(2*180/6)*Ref(C -1);
5) S3:=Sin(3*180/6)*Ref(C -2);
6) S4:=Sin(4*180/6)*Ref(C -3);
7) S5:=Sin(5*180/6)*Ref(C -4);
PROFILE: Karoon Gas Australia (KAR.AX)
Stock Exchange: ASX
Company: Karoon Gas Australia
Ticker Codes: | KAR.AX | 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.
|MGC Mg Unit Trust||0.35||18.6||1,279,050||13.3||BULLISH CROSSOVER|
|ONE Oneview Healthcare||0.23||9.5||232,054||10||BULLISH CROSSOVER|
|RND Rand Mining||3.25||8.3||8,137||5.6||BULLISH CROSSOVER|
|MSB Mesoblast||1.44||5.1||1,597,792||1||BULLISH CROSSOVER|
|DMP Domino||39.13||3.9||396,639||0.6||BULLISH CROSSOVER|
|GTN GTN Resources||1.08||3.3||24,258||3.1||BULLISH CROSSOVER|
|AEF Australian Ethical Investments||1.93||2.7||20,890||2.2||BULLISH CROSSOVER|
|HLO Helloworld||4.59||2.2||102,065||0.3||BULLISH CROSSOVER|
|NZM Nzme||0.48||2.1||97,615||0.2||BULLISH CROSSOVER|
|AWC Alumina||2.42||2.1||15,985,587||0.3||BULLISH CROSSOVER|