Oceanagold Corporation

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

Accumulation Distribution

Score

-1.2

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 28 13.9 0.36% 0.50% 3.5% -4.1% -47.3%
SHORT 28 13.8 0.39% 0.65% 5.5% -5.2% -28.1%

Summary

Technical Analysis

Oceanagold Corporation (OGC.AX)


Indicator:

ACCUMULATION


Last Signal:

BEARISH


Trading: SELL @ $2.72
Signal Strength: MEDIUM
Recommendation:

Oceanagold Corporation (ASX:OGC) current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the ADLINE is -58884.5. day. During the quarter, the lowest ADLINE value was -258355.


Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading exit. Indicator can be applied to the short/medium term timeframe, but the best results are obtained with larger cyclical swings in-line with the trend direction. This accumulation / distribution oscillator can provide guidance on the money flow direction from the companies recent trading.


Accumulation/distribution (ADLINE) is a momentum indicator that attempts to gauge supply and demand by determining whether investors are generally accumulating or buying or distributing or selling a certain stock by identifying divergences between stock price and volume flow. The accumulation/distribution is calculated by first calculating the money flow multiplier then multiplying the money flow multiplier by the period’s volume.

Calculation: Accumulation Distribution Line:
1) Money Flow Multiplier = [(close - low) - (high - close)] / (high - low);
2) Money Flow Volume = Money Flow Multiplier x volume for the period;
3) Accumulation/Distribution= previous Accumulation/Distribution + current periods Money Flow Volume.


PROFILE: Oceanagold Corporation (OGC.AX)


Stock Exchange: ASX
Company: Oceanagold Corporation
Ticker Codes: | OGC.AX | ASX:OGC |

About Oceanagold Corporation (ASX:OGC):

OceanaGold Corporation, a gold mining company, explores for, develops, and operates mineral properties in the Philippines, New Zealand, and the United States. Its flagship asset is the Didipio gold-copper mine located on the island of Luzon in the Philippines. OceanaGold Corporation was incorporated in 2003 and is headquartered in Melbourne, Australia.

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