Ramelius Resources

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

Triangular Moving Average

Score

-0.5

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 30 14.2 0.30% 0.39% 12.6% -3.2% 39.3%
SHORT 29 12.3 0.10% 0.12% 11.8% -3.1% -45.2%

Summary

Technical Analysis

Ramelius Resources (RMS.AX)


Indicator:

TRIANGULAR MOVING AVERAGE


Last Signal:

BULLISH


Trading: BUY @ $0.86
Signal Strength: STRONG
Recommendation:

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has the ability to highlight trends across numerous timeframes. This indicator has the ability to smooth historical results to illustrate trend initiation and status. Although this is a simple trend following indicator & can provide good results when coupled with the right indicator. Note, this indicator does not work well in ranging markets producing unwanted whipsaws and false signals.


Ramelius Resources (ASX:RMS) currently has a confirmed uptrend. Recent trading has caused the TMA 15 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on TMA15 is 3.6%.



A triangular moving average can be calculated using various input data such as prices volume or another technical indicator.

Calculation: Triangular Moving Average (TMA):
1) SMA: n period sum / n;
2) TMA = (n SMA period sum) / N;


PROFILE: Ramelius Resources (RMS.AX)


Stock Exchange: ASX
Company: Ramelius Resources
Ticker Codes: | RMS.AX | ASX:RMS |

About Ramelius Resources (ASX:RMS):

Ramelius Resources Limited, together with its subsidiaries, engages in the exploration, mine development and operation, and production and sale of gold in Australia. The company holds interest in the Mt Magnet gold project located within the north-south striking Meekatharra-Mt Magnet greenstone belt of the Western Australian Murchison province; and the Vivien gold deposit located to the west of the town of Leinster in Western Australia. It also has interests in the Water Tank Hill/St George deposits in Western Australia; the Coogee gold project in Western Australia; the Kathleen Valley gold project in Western Australia; and the Tanami joint venture gold project in Northern Territory; and the exploration permit for minerals holdings in north Queensland. Ramelius Resources Limited is headquartered in East Perth, Australia.

Top 10:

Triangular Moving Average

Download
Company Close Change(%) Volume Value Signal
ISX Isignthis 0.6 8.2 4,830,133 58.2 BULLISH
BNO Bionomics 0.15 7.4 680,092 10.7 BULLISH
EML Emerchants 2.55 6.3 2,216,677 26.5 BULLISH
ADH Adairs 2.06 5.6 1,149,442 16.6 BULLISH
TNG Tennant Creek Gold 0.12 4.3 341,928 7.1 BULLISH
DDR Dicker Data 5.16 4 280,998 14.4 BULLISH
BLX Beacon Lighting 1.2 3.4 140,762 14.2 BULLISH
ORA Orora 3.27 3.2 4,707,935 6.2 BULLISH
FID Fiducian 4.95 3.1 18,343 4.4 BULLISH
CCV Cash Converters International 0.17 3 378,531 14.1 BULLISH