Reject Shop

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

Fibonacci Retracements

Score

0.95

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 10 29.9 0.30% 0.43% 23.4% -3.3% 47.4%
SHORT 11 35.7 0.45% 0.63% 31.1% -5.0% 115.5%

Summary

Technical Analysis

Reject Shop (TRS.AX)


Indicator:

FIBONACCI RETRACTION


Signal Strength: MEDIUM
Recommendation:

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading position.


Reject Shop (ASX:TRS) : The current Fibonacci Retraction levels are:
(23.61%) $0
(38.2%) $0
(50%) $0
(61.8%) $0

The current support levels are:
(78.6%) $0
(100%) $0
(138.2%) $0
(161.8%) $0
(261.8%) $0
(423.61%) $0



A Fibonacci retracement is a term used in technical analysis that refers to areas of support (price stops going lower) or resistance (price stops going higher). Fibonacci retracement levels use horizontal lines to indicate areas of support or resistance at the key Fibonacci levels before the trend continues in the original direction.

Calculation: Fibonacci Retracements:
1) Uptrend: C = B — (B — A) x N%;
2) Downtrend: C = B + (A — B) x N%;
3) Fibonacci Levels:
a) 23.61%;
b) 38.2%;
c) 50%;
d) 61.8%;
e) 78.6%;
f) 100%,


PROFILE: Reject Shop (TRS.AX)


Stock Exchange: ASX
Company: Reject Shop
Ticker Codes: | TRS.AX | ASX:TRS |

About Reject Shop (ASX:TRS):

The Reject Shop Limited operates in the discount variety retail sector in Australia. The company retails various general consumer merchandise, including toiletries, cosmetics, homewares, personal care products, hardware, basic furniture, household cleaning products, kitchenware, confectionery, and snack foods; and lifestyle and seasonal merchandise, such as seasonal gifts, cards and wrappings, toys, leisure items, and home decorations. It operates approximately 345 stores. The Reject Shop Limited was founded in 1981 and is headquartered in Kensington, Australia.

Top 10:

Fibonacci Retracements

Download
Company Close Change(%) Volume Value Signal
LAU Lindsay Australia 0.34 4.6 181,661 0 NEUTRAL
MGC Mg Unit Trust 0.36 2.9 354,294 0 NEUTRAL
MAH Macmahon 0.23 2.3 1,293,875 0 NEUTRAL
KMD Kathmandu 2.09 1.5 40,659 0 NEUTRAL
SKC Sky City Entertainment 3.63 0.3 515,449 0 NEUTRAL
CWY Cleanaway Waste Management 2.31 -0.9 3,602,266 0 NEUTRAL
AHY Asaleo Care 0.91 -1.6 156,988 0 NEUTRAL
CAJ Capitol Health 0.21 -2.3 9,128,288 0 NEUTRAL