|Position||Trades||Duration||Win rate||Win/loss||Avg win||Avg loss||Return|
|Position||Trades||Duration||Win Rate||Win/Loss||Avg Win||Avg Loss||Return|
Silver Lake Resources (SLR.AX)
DETREND PRICE OSCILLATOR
Trading: SELL @ $1.075
Signal Strength: STRONG
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.
Silver Lake Resources (ASX:SLR) currently has a confirmed downtrend. Price is currently below the displaced moving average for SLR Currently, the return on DPO20 is 1.9%.
The Detrended Price Oscillator (DPO) is an indicator designed to remove trend from price and make it easier to identify cycles. DPO does not extend to the last date because it is based on a displaced moving average. However alignment with the most recent is not an issue because DPO is not a momentum oscillator. Instead DPO is used to identify cycle’s highs/lows and estimate cycle length.
Calculation: Detrended Price Oscillator (DPO):
1) Price (X/2 + 1) periods ago minus X-period simple moving average.
Where X is the number of periods;
PROFILE: Silver Lake Resources (SLR.AX)
Stock Exchange: ASX
Company: Silver Lake Resources
Ticker Codes: | SLR.AX | 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.
|PME Pro Medicus||30.58||16.1||617,868||-0.43||BEARISH|
|NEC Nine Entertainment||1.95||8||11,923,272||-0.09||BEARISH|
|OMH OM Holdings||0.68||7.9||108,965||-0.06||BEARISH|
|IRI Integrated Research||2.79||7.7||713,781||-0.49||BEARISH|
|CGC Consolidated Gaming Corporation||3.79||7.7||2,950,452||-0.32||BEARISH|
|FLT Flight Centre||47.14||7.5||819,161||-5.05||BEARISH|