Liquefied Natural Gas

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 Fans

Score

0.5

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 8 27.5 0.38% 0.60% 17.6% -11.1% -2.8%
SHORT 9 55.8 0.44% 0.80% 22.5% -6.0% 59.9%

Summary

Technical Analysis

Liquefied Natural Gas (LNG.AX)


Indicator:

FIBONACCI FANS


Signal Strength: MEDIUM
Recommendation:

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


Liquefied Natural Gas (ASX:LNG) : The current Fibonacci Fan levels are:
(23.61%) $0.29
: (38.2%) $0.31
: (50%) $0.32
: (61.8%) $0.33

The current support levels are:
(78.6%) $0.35
(100%) $0.37
(138.2%) $0.4
(161.8%) $0.43
(261.8%) $0.53
(423.61%) $0.69



Fibonacci Fan lines are trend lines based on Fibonacci retracement points. Rising fan lines extend up from a trough and pass through retracement based on the advance (trough to peak). These fan lines can then be used to estimate support levels or potential reversal zones. Falling fan lines extend down from a peak and pass through retracements based on the decline (peak to trough). These fan lines can then be used to estimate resistance levels or potential reversal zones. This article will explain the Fibonacci ratios and provide examples using Fibonacci Fans to project support and resistance.

Calculation: Fibonacci Fans:
1) Uptrend Fan line 1: Drawn from extreme low through 23.6% retracement level on “invisible” vertical line;
a) Fan line 2: Drawn from extreme low through 38.2% retracement level on “invisible” vertical line;
b) Fan line 3: Drawn from extreme low through 50% retracement level on “invisible” vertical line Fan line;
c) Drawn from extreme low through 61.8% retracement level on “invisible” line;
2)Downtrend Fan line 1: Drawn from extreme high through 23.6% retracement level on “invisible” vertical line;
a) Fan line 2: Drawn from extreme high through 38.2% retracement level on “invisible” vertical line;
b) Fan line 3: Drawn from extreme high through 50% low retracement level on “invisible” vertical line;
c) Fan line 4: Drawn from extreme high through 61.8% retracement level on “invisible” vertical line;


PROFILE: Liquefied Natural Gas (LNG.AX)


Stock Exchange: ASX
Company: Liquefied Natural Gas
Ticker Codes: | LNG.AX | ASX:LNG |

About Liquefied Natural Gas (ASX:LNG):

Liquefied Natural Gas Limited, together with its subsidiaries, engages in the identification and progression of opportunities for the development of liquefied natural gas (LNG) projects to facilitate the production and sale of LNG in Australia, Canada, and the United States. It operates through LNG Infrastructure, and Technology and Licensing segments. The company's projects include the Magnolia LNG project located in Lake Charles, Louisiana, the United States; the Bear Head LNG Project located in Point Tupper, Richmond County, Nova Scotia, Canada; and the Fisherman's Landing LNG project located in the Port of Gladstone, Queensland, Australia. Liquefied Natural Gas Limited is headquartered in Perth, Australia.

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