Resolute Mining

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?

Company

Indicator

Code Company Date Close Change Indicator Value Signal

Trading Performance

1st timeframe trend

Score

0.25

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 60 7.0 0.45% 0.73% 4.5% -2.0% 46.8%
SHORT 60 7.2 0.42% 0.69% 3.9% -3.2% -16.2%

Summary

Technical Analysis

Resolute Mining (RSG.AX)


Indicator:

1ST TIMEFRAME TREND


Last Signal:

BEARISH


Trading: SELL @ $1.595
Signal Strength: WEAK
Recommendation:

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has been constructed to highlight the existence of a trend for an assocaited timeframe. Trend determining indicators can be used in short, medium or long term timeframes & determines if the stock is trending or ranging. Once the trend status is quantified, this can then be coupled to additional indicators to add a significant advantage to the trading strategy.


Resolute Mining (ASX:RSG) is in a downtrend in the short term timeframe. The current rally number is 2 & the highest rally count for the LTM is 7



The Tricklar short term trend indicator (T1) highlights the high points and low points associated with the individual bars. As such, successive rallies penetrating preceding high points whilst cancelling preceding lower troughs offer a BULLISH indication in the second time frame. Conversely, failure of rallies to penetrate previous Lower peaks whilst maintaining prices below the previous lower troughs indicates BEARISH trends in the second timeframe.

Calculation: Tricklar short trend (T1):
1) [BULLISH] An uptrend is a succession of higher highs and higher lows;
2) [BEARISH] A downtrend is a succession of lower highs and lower lows;


PROFILE: Resolute Mining (RSG.AX)


Stock Exchange: ASX
Company: Resolute Mining
Ticker Codes: | RSG.AX | ASX:RSG |

About Resolute Mining (ASX:RSG):

Resolute Mining Limited engages in the mining, exploration, development, and production of gold properties in Africa and Australia. The company is also involved in the prospecting and exploration of minerals. Its flagship project is the Syama Gold Mine located in West Africa. The company was incorporated in 2001 and is based in Perth, Australia.

Top 10:

1st timeframe trend

Download
Company Close Change(%) Volume Value Signal
BWX BWX 3 28.8 3,924,579 0 NEUTRAL
ISD Isentia 0.39 25.8 7,834,473 0 NEUTRAL
EWC Energy World Corporation 0.08 11.9 410,816 0 NEUTRAL
MYX Myx 0.53 10.5 13,318,931 0 NEUTRAL
ONE Oneview Healthcare 0.23 9.8 3,200 0 NEUTRAL
IFN IFN 0.58 8.5 2,351,347 0 NEUTRAL
CVC CVC 2.18 6.9 4,999 0 NEUTRAL
AFL ASX 50 0.19 5.6 5,000 0 NEUTRAL
AGI Ainsworth Game Technology 0.77 5.5 174,715 0 NEUTRAL
DNA Donaco International 0.08 5.5 3,717,561 0 NEUTRAL