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%

What indicators would you like to backtest?

Trading Performance

Close Change



Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 130 3.8 0.33% 0.48% 2.6% -1.6% -29.2%
SHORT 129 3.8 0.27% 0.35% 2.4% -1.5% -65.9%


Technical Analysis

Regis Resources (RRL.AX)



Last Signal:


Trading: SELL @ $5.62
Signal Strength: WEAK

Indicator MUST BE USED in additional to another technical indicator to confirmation for trading entry. Indicator can be applied to the short term timeframe but is only able to give and indication of the strength of the buyers versus sellers at the market close. This bar analysis can provide guidance on the daily battle between sellers and buyers from the companies recent trading.

Regis Resources (ASX:RRL) sellers are keener than buyers and are driving the price down. This is the first day of price decline for RRL adding strength to a downtrend change in the first timeframe. The biggest downward movement this month has been -1.9 & the greatest daily negative change this year has been -4.6. The longest consecutive downswing rally over the last 12 months has been 2 days giving a total rally downward movement of -6.8%. This quarter, the largest downswing rally has been 1 days giving a total rally downward movement of -1.9%. The loss ratio for price decline in the first timeframe for the last 12 months is 0x giving a total win/loss ratio of 2.5x. Over the last month the average daily downward movement has been -1.200000%

The only price most market participants look at is the closing price in relation to the previous day’s close. As such the position of the close has the ability to highlight recent performance and indirectly the keenness of traders.

[Calculations] Close Today Versus Close Yesterday (CTCY):
1) [Close] > [Close Yesterday] = Buyers keener than sellers;
2) [Close] < [Close Yesterday] = Sellers keener than buyers;
3) [Close] = [Close Yesterday] = Neither are keener

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.

Top 10:

Close Change

Company Close Change(%) Volume Value Signal
CCP Credit Corp 26.9 0 186,190 -1 BEARISH CROSSOVER
BSL Bluescope Steel 11.86 -0.1 2,753,875 -1 BEARISH CROSSOVER
XTJ ASX 200 Telecomms 1341.7 -0.1 0 -1 BEARISH CROSSOVER
MFG Magellan Financial 56.96 -0.1 622,073 -1 BEARISH CROSSOVER
PPT Perpetual Trustees Australia 44.05 -0.1 117,407 -1 BEARISH CROSSOVER
SHL Sonic Healthcare 27.62 -0.1 521,677 -1 BEARISH CROSSOVER
HUO Huon Aquaculture 4.74 -0.2 2,297 -1 BEARISH CROSSOVER
LNK Link 5.09 -0.2 8,734,935 -1 BEARISH CROSSOVER
XAO All Ordinaries 6788.8 -0.2 0 -1 BEARISH CROSSOVER
AFI Australian Foundation 6.28 -0.2 255,893 -1 BEARISH CROSSOVER