Nick Scali

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

-1.05

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 10 36.4 0.20% 0.25% 6.1% -3.3% -14.2%
SHORT 11 40.3 0.18% 0.22% 10.3% -5.5% -28.5%

Summary

Technical Analysis

Nick Scali (NCK.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.


Nick Scali (ASX:NCK) : The current Fibonacci Extension levels are:
(23.61%) $6.1
(38.2%) $6.38
(50%) $6.62
(61.8%) $6.85

The current support levels are:
(78.6%) $7.17
(100%) $7.59
(138.2%) $8.33
(161.8%) $8.8
(261.8%) $10.75
(423.61%) $13.9



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: Nick Scali (NCK.AX)


Stock Exchange: ASX
Company: Nick Scali
Ticker Codes: | NCK.AX | ASX:NCK |

About Nick Scali (ASX:NCK):

Nick Scali Limited, together with its subsidiaries, engages in sourcing and retailing household furniture and related accessories in Australia. It offers lounges; occasional chairs, such as armchairs and bar stools; dining tables and chairs; buffets/cabinets; TV units; coffee tables; rugs; and mirrors. The company operates 46 Nick Scali stores and 5 Sofas2Go stores. It also offers its products online. Nick Scali Limited is headquartered in North Ryde, Australia.

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Fibonacci Extensions

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