Lifestyles Communities

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

Fibonacci Extensions

Score

1.5

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 5 99.0 0.80% 4.00% 14.8% -4.1% 55.2%
SHORT 6 48.0 0.33% 0.50% 11.0% -3.3% 8.8%

Summary

Technical Analysis

Lifestyles Communities (LIC.AX)


Indicator:

FIBONACCI EXTENSION


Signal Strength: MEDIUM
Recommendation:

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading position.


Lifestyles Communities (ASX:LIC) : The current Fibonacci Extension levels are:
(23.61%) $7.91
(38.2%) $7.79
(50%) $7.7
(61.8%) $7.61

The current support levels are:
(78.6%) $7.48
(100%) $7.31
(138.2%) $7.01
(161.8%) $6.83
(261.8%) $6.05
(423.61%) $4.79



Fibonacci extensions are used in Fibonacci retracement to predict spaces of resistance and support in the market. These extensions involve all levels drawn past the basic 100% level they are frequently used by traders to determine areas that will bring in profits.

Calculation: Fibonacci Extensions:
1) Uptrend: D = B — (A — B) x N%;
2) Downtrend: D = B + (B — A) x N %;
3) Fibonacci Levels:
61.8%
100%
138.2%
161.8%
261.8%
423.6%;


PROFILE: Lifestyles Communities (LIC.AX)


Stock Exchange: ASX
Company: Lifestyles Communities
Ticker Codes: | LIC.AX | ASX:LIC |

About Lifestyles Communities (ASX:LIC):

Lifestyle Communities Limited, together with its subsidiaries, develops and manages affordable communities for homeowners in Australia. The company was founded in 2003 and is based in South Melbourne, Australia.

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