Silver Lake Resources

What indicators would you like to setup a trade for?

Candlestick Daily volume index Bar reversal Edit

Trade setup

Position Order Entry Exit Stop Loss Risk Return Expectancy
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?

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%

Company

Indicator

Code Company Date Close Change Indicator Value Signal

Trading Performance

Momentum Oscillator

Score

0.7

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 20 21.3 0.45% 0.82% 20.5% -4.5% 134.7%
SHORT 19 16.1 0.47% 0.82% 6.8% -5.9% -3.7%

Summary

Technical Analysis

Silver Lake Resources (SLR.AX)


Indicator:

MOMENTUM


Last Signal:

BULLISH


Trading: HOLD @ $1.06
Signal Strength: MEDIUM
Recommendation:

Silver Lake Resources (ASX:SLR) currently has positive momentum of 0.055. This means the current price is greater than the price 14 days ago and therefore gaining momentum.

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has the ability to detect the speed of movement & give an early signal for a potential movement. By understanding the rate at which the price is moving in respect to the stocks historical trades, enables positions to be set in place based on changes in the speed of movement


Momentum measures the rate of change in closing prices and is used to detect trend weakness and likely reversal points. It is often underrated because of its simplicity. High Momentum readings (positive or negative) occur when a trend is at its strongest. Lower readings are found at the start and end of trends. Overbought and oversold levels are set separately for each security based on the performance of the indicator over past cycles.

Calculation: Momentum Oscillator (MOM):
1) Closing Price [today] - Closing Price [n days ago];

PROFILE: Silver Lake Resources (SLR.AX)


Stock Exchange: ASX
Company: Silver Lake Resources
Ticker Codes: | SLR.AX | ASX:SLR |

About Silver Lake Resources (ASX:SLR):

Silver Lake Resources Limited, together with its subsidiaries, operates as a gold producing and exploration company in Australia. It also explores for silver deposits. The company holds interests in the Mount Monger goldfield project located within the Kalgoorlie terrane subdivision of the Eastern Goldfields province. Silver Lake Resources Limited is headquartered in South Perth, Australia.

Top 10:

Momentum Oscillator

Download
Company Close Change(%) Volume Value Signal
BAF Blue Sky Alternatives 0.92 5.1 936,302 0.09 BULLISH
SGF SG Fleet 2.68 4.7 164,520 0.31 BULLISH
BEE Broo 0.02 4.5 172,843 0.01 BULLISH
SHM Shriro 0.72 4.3 7,177 0.07 BULLISH
PSQ Pacific Smiles 1.77 4.1 3,500 0.16 BULLISH
CAT Catuity 1.77 2.9 1,802,691 0.44 BULLISH
EMH European Metals Holdings 0.36 2.9 33,002 0.08 BULLISH
ZIM Zimbabwe Platinum Mines 11 2.8 2,697 0.2 BULLISH
URF Us Masters Residential Property Fund 0.75 2.7 96,580 0.04 BULLISH
PRT Prime Television 0.21 2.5 157,508 0.03 BULLISH