Maxitra Industries

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%

What indicators would you like to backtest?

Trading Performance

Fibonacci Extensions

Score

-1.65

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 10 32.4 0.30% 0.38% 1.4% -6.0% -44.0%
SHORT 11 39.1 0.27% 0.38% 11.4% -10.2% -47.2%

Summary

Technical Analysis

Maxitra Industries (MXI.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.


Maxitra Industries (ASX:MXI) : The current Fibonacci Extension levels are:
(23.61%) $0.3
(38.2%) $0.31
(50%) $0.31
(61.8%) $0.32

The current support levels are:
(78.6%) $0.32
(100%) $0.33
(138.2%) $0.34
(161.8%) $0.35
(261.8%) $0.39
(423.61%) $0.44



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: Maxitra Industries (MXI.AX)


Stock Exchange: ASX
Company: Maxitra Industries
Ticker Codes: | MXI.AX | ASX:MXI |

About Maxitra Industries (ASX:MXI):

MaxiTRANS Industries Limited, together with its subsidiaries, designs, manufactures, sells, services, and repairs transport equipment, and related components and spare parts in Australia and New Zealand. It manufactures trailer brands, and urethane foam and body panels; supplies and distributes parts; provides service and repair support; and sells and finances new and used trailing equipment. The company's products include curtain sided trailers, flat top semis, and skeletal trailers; dry freight and temperature controlled vans; steel and aluminum semi tippers, B-doubles, side opening tippers, walking floors, and flat top trailers, as well as specialty units; and bowl door tippers, flex tippers, and high volume side tippers. It also provides temperature controlled (refrigerated) and dry freight rigid truck bodies; trailing transport equipment and solutions, such as lights, tools, oil and filters, axles, suspensions, and brakes; various components and consumables; and fiberglass panels, body kits, doors, and insulation foam products. In addition, the company is involved in the retail and wholesale of trailer and truck parts; and rental and hire of temperature controlled vans. MaxiTRANS Industries Limited sells its products under the Freighter, Maxi-CUBE, Hamelex White, Lusty EMS, AZMEB, Peki, TraileRentals, MaxiPARTS, Maxus, and PANELMasta brand names. It serves transport and logistics, fresh produce, food and beverage, building and construction, agriculture, and natural resources industries. The company was founded in 1946 and is headquartered in Derrimut, Australia.

Top 10:

Fibonacci Extensions

Download
Company Close Change(%) Volume Value Signal
EVO Evolve Education 0.14 16.7 7,630,518 -0.17 BEARISH
CLQ Clean Teq Holdings 0.32 12.5 2,429,222 -0.11 BEARISH
DNA Donaco International 0.08 8.7 2,085,383 -0.03 BEARISH
CSV CSG 0.17 6.3 176,879 -0.04 BEARISH
DWS DWS 0.98 6 76,148 -0.15 BEARISH
SWM Seven West Media 0.53 6 4,363,523 -0.14 BEARISH
GRR Grange Resources 0.28 5.8 2,503,451 -0.09 BEARISH
CGL The Citadel 4.33 5.1 176,486 -4.75 BEARISH
GCY Gascoyne Resources 0.04 5 3,915,995 -0.02 BEARISH
NHC New Hope 2.78 4.9 2,587,007 -0.3 BEARISH