Regis 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%

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Trading Performance

Bill Williams Market Index

Score

-0.15

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 42 5.8 0.48% 0.80% 2.1% -1.8% -4.4%
SHORT 42 13.5 0.45% 0.79% 4.3% -3.6% -6.6%

Summary

Technical Analysis

Regis Resources (RRL.AX)


Indicator:

MARKET FACILITATION INDEX


Last Signal:

POSITION


Trading: POSITION @ $4.66
Signal Strength: MEDIUM
Recommendation:

Volatility indicators highlight potential moves of a stock which can either move sharply in the updwards or downwards direction. This indicator allows stocks to be compared on a level playing field to highlight high and low volatility. Normally, falling markets are more likely to be volatile than a rising markets due to the emotion that gets tied to trading. Use volatility indicators in conjunction with other indicators to reduce exposure to false moves.


Regis Resources (ASX:RRL) Currently is a confirmed Green Day.



The Market Facilitation Index is designed for evaluation the willingness of the market to move the price. The indicators absolute values alone cannot provide any trading signals unlike its dynamics in relation to the dynamics of the volume.

Calculation: Bill Williams Market Facilitation Index:
1) Green bar - both MFI and volume are up. Increasing trading activity means market movement acceleration;
2) Blue bar - MFI indicator is up volume is down. The movement is continuing although the volume has dropped. The trend will soon be reversing;
3) Pink bar - MFI indicator is down volume is up. The slowing down movement while volume is raising may indicate a possible break through often a U-turn;
4) Brown bar - both MFI and volume are down. The market is no longer interested in the current direction and is looking for signs of a future development;


PROFILE: Regis Resources (RRL.AX)


Stock Exchange: ASX
Company: Regis Resources
Ticker Codes: | RRL.AX | ASX:RRL |

About Regis Resources (ASX:RRL):

Regis Resources Limited, together with its subsidiaries, explores for, evaluates, and develops gold projects in Australia. The company owns 100% interest in the Duketon gold project located to the north of Laverton, Western Australia. It also owns interest in the McPhillamys gold project and Blayney gold project in New South Wales. Regis Resources Limited was founded in 1988 and is based in Subiaco, Australia.

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