REA Group

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%

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Trading Performance

Fibonacci Retracements

Score

-0.6

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 19 22.8 0.26% 0.33% 8.5% -1.9% 13.6%
SHORT 19 13.5 0.21% 0.27% 3.4% -2.5% -23.4%

Summary

Technical Analysis

REA Group (REA.AX)


Indicator:

FIBONACCI RETRACTION


Signal Strength: MEDIUM
Recommendation:

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


REA Group (ASX:REA) : The current Fibonacci Retraction levels are:
(23.61%) $90.01
(38.2%) $68.83
(50%) $66.65
(61.8%) $64.47

The current support levels are:
(78.6%) $61.36
(100%) $57.41
(138.2%) $50.35
(161.8%) $45.99
(261.8%) $27.51
(423.61%) $-2.39



A Fibonacci retracement is a term used in technical analysis that refers to areas of support (price stops going lower) or resistance (price stops going higher). Fibonacci retracement levels use horizontal lines to indicate areas of support or resistance at the key Fibonacci levels before the trend continues in the original direction.

Calculation: Fibonacci Retracements:
1) Uptrend: C = B — (B — A) x N%;
2) Downtrend: C = B + (A — B) x N%;
3) Fibonacci Levels:
a) 23.61%;
b) 38.2%;
c) 50%;
d) 61.8%;
e) 78.6%;
f) 100%,


PROFILE: REA Group (REA.AX)


Stock Exchange: ASX
Company: REA Group
Ticker Codes: | REA.AX | ASX:REA |

About REA Group (ASX:REA):

REA Group Limited provides advertising services to the real estate industry in Australia and Asia. It advertises property and property-related services on Websites and mobile apps. The company operates Australian residential, commercial, and share property sites, such as realestate.com.au, realcommercial.com.au, and Flatmates.com.au; Chinese property site myfun.com; and various property portals in Asia. It also provides advertising services to the real estate industry. The company was formerly known as realestate.com.au Ltd. and changed its name to REA Group Limited in December 2008. REA Group Limited was founded in 1995 and is headquartered in Richmond, Australia. REA Group Limited is a subsidiary of News Limited.

Top 10:

Fibonacci Retracements

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