Terramin Australia

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

Acceleration Bands

Score

-4.9

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 45 6.4 0.16% 0.17% 3.2% -5.5% -210.7%
SHORT 44 11.8 0.30% 0.33% 2.7% -4.5% -140.0%

Summary

Technical Analysis

Terramin Australia (TZN.AX)


Indicator:

ACCELERATION BANDS


Last Signal:

BULLISH


Trading: BUY @ $0.092
Signal Strength: STRONG
Recommendation:

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.


Terramin Australia (ASX:TZN) is currently Oversold highlighting the potential for a short term trend reversal in the upward direction.



Acceleration bands serve as a trading envelope using an instrument’s typical volatility over a standard setting of 20 bars. The user may change the input (close) period length and multiplier factor.

Calculation: Acceleration Bands:
1) Upper band = ( High * ( 1 + 2 * (((( High – Low )/(( High + Low ) / 2 )) * 1000 ) * Factor )));
2) Lower band = ( Low * ( 1 – 2 * (((( High – Low )/(( High + Low ) / 2 )) * 1000 ) * Factor )));
3) Where Factor=0.001


PROFILE: Terramin Australia (TZN.AX)


Stock Exchange: ASX
Company: Terramin Australia
Ticker Codes: | TZN.AX | ASX:TZN |

About Terramin Australia (ASX:TZN):

Terramin Australia Limited, together with its subsidiaries, engages in the exploration, evaluation, and development of base and precious metals, and other economic mineral deposits in Australia and internationally. The company primarily explores for zinc, lead, gold, copper, and rare earth elements. Its flagship project is the Tala Hamza zinc project located on the Mediterranean coast in Algeria. The company was incorporated in 1993 and is based in Fullarton, Australia.

Top 10:

Acceleration Bands

Download
Company Close Change(%) Volume Value Signal
ATL ASX 20 0.65 9.2 415,156 6.36 BULLISH
DNA Donaco International 0.08 9.2 4,579,010 5.56 BULLISH
EML Emerchants 2.55 6.3 2,216,677 4.16 BULLISH
ADH Adairs 2.06 5.6 1,149,442 4.47 BULLISH
MTO Moto Goldmines 1.34 4.7 78,748 4.18 BULLISH
DFM Dongfang Modern Agriculture 0.88 4.1 241,557 6.96 BULLISH
ORA Orora 3.27 3.2 4,707,935 8.84 BULLISH
MYR Myer 0.67 3.1 2,847,036 2.18 BULLISH
FID Fiducian 4.95 3.1 18,343 6.84 BULLISH
AQZ Alliance Aviation Services 2.73 3 6,299 6.46 BULLISH