|Position||Trades||Duration||Win rate||Win/loss||Avg win||Avg loss||Return|
|Position||Trades||Duration||Win Rate||Win/Loss||Avg Win||Avg Loss||Return|
Trading: SELL @ $1.1
Signal Strength: STRONG
Indicator is best used in conjunction with additional indicators as it has the ability to highlight potential overbought or oversold levels. This indicator utilizes upper and lower bands to visually represent price extremes associated with the bands. Additional value can be added to the trading strategy by accessing divergences between price and volume.
Trafalgar (ASX:TGP) is currently bearish highlighting the potential for a short term trend continuation in the downward direction.
The Donchian channel is a useful indicator for seeing the volatility of a market price. If a price is stable the Donchian channel will be relatively narrow. If the price fluctuates a lot the Donchian channel will be wider. The two outer bands are plotted as the highest high and lowest low for a set period originally 20 days with the optional middle band calculated as the average of the two.
Calculation: Donchian Channels:
1) Upper Channel = 20 Day High;
2) Lower Channel = 20 Day Low;
3) Middle Channel = (20 Day High + 20 Day Low)/2;
PROFILE: Trafalgar (TGP.AX)
Stock Exchange: ASX
Ticker Codes: | TGP.AX | ASX:TGP |
360 Capital Group is an ASX-listed, property investment and funds management group concentrating on strategic investment and active investment management of property assets. The Group actively invests in direct property assets, property securities, real estate debt and various corporate real estate investments within Australian real estate markets on a private and public equity basis.
|FBR Fastbrick Robotics||0.06||5.8||881,024||-40||BEARISH|
|NZK New Zealand King Salmon Investments||2.2||5.3||8,766||-41.53||BEARISH|
|VRL Village Roadshow||4.02||4.4||636,398||-46.26||BEARISH|
|AAC Australian Agricultural||1.15||3.6||406,105||-3.85||BEARISH|
|VRT Virtus Health||4.47||3.2||173,410||-15.38||BEARISH|
|MDC Mcconnell Dowell Corporation||0.35||3||134,368||-14.29||BEARISH|