|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)
ELDERS FORCE INDEX
Trading: BUY @ $0.88
Signal Strength: MEDIUM
Volatility indicators highlight potential moves of a stock which can either move sharply in the updwards or downwards direction. This indicator allows stocks to be compared on a level playing field to highlight high and low volatility. Normally, falling markets are more likely to be volatile than a rising markets due to the emotion that gets tied to trading. Use volatility indicators in conjunction with other indicators to reduce exposure to false moves.
Karoon Gas Australia (ASX:KAR) current price has highlighted recent buying pressure. Currently, the Elders Force Index is 744.
Elders Force Index (EFI) measures the power behind a price movement using price and volume. The indicator can also be used to identify potential reversals and price corrections. The EFI is an oscillator that fluctuates between positive and negative values above and below a Zero Line.
Calculation: Elders Force Index (EFI):
1) Close – Close yesterday x Volume;
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.
|AJX Alexium International||0.13||13||328,122||98,117||BULLISH|
|EWC Energy World Corporation||0.08||10.8||945,847||15,066||BULLISH|
|BOC Bougainville Copper||0.11||10||84,981||127,310||BULLISH|
|GGG Greenland Minerals||0.14||8||2,362,420||1,668||BULLISH|
|CLQ Clean Teq Holdings||0.32||6.7||1,263,824||95||BULLISH|
|BSL Bluescope Steel||11.73||6.5||4,817,859||5,846||BULLISH|
|GNG GR Engineering Services||0.85||5.6||43,068||149,852||BULLISH|
|SFR Sandfire Resources||6.67||5.5||1,218,623||32,859||BULLISH|
|MVF Monash IVF||1.46||5.4||1,302,784||2,071||BULLISH|