Worleyparsons

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

Exponential Moving Average

Score

-0.1

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 41 9.6 0.29% 0.40% 4.8% -2.2% -9.1%
SHORT 42 10.1 0.24% 0.31% 7.2% -2.2% 0.4%

Summary

Technical Analysis

Worleyparsons (WOR.AX)


Indicator:

EXPONENTIAL MOVING AVERAGE


Last Signal:

BULLISH


Trading: BUY @ $13.64
Signal Strength: STRONG
Recommendation:

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.


Worleyparsons (ASX:WOR) currently has a confirmed uptrend. Recent trading has caused the EMA 15 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on EMA15 is 0.1%.



An exponential moving average (EMA) is a type of moving average that is similar to a simple moving average except that more weight is given to the latest data. It’s also known as the exponentially weighted moving average. This type of moving average reacts faster to recent price changes than a simple moving average.

Calculation: Exponential Moving Average:
1) Initial SMA: n period sum / n;
2) Multiplier: (2 / (Time periods + 1));
3) EMA: {Close – EMA (previous day)} x multiplier + EMA (previous day).


PROFILE: Worleyparsons (WOR.AX)


Stock Exchange: ASX
Company: Worleyparsons
Ticker Codes: | WOR.AX | ASX:WOR |

About Worleyparsons (ASX:WOR):

WorleyParsons Limited provides professional services to the resources and energy sectors in Australia and internationally. The company provides engineering design and project delivery services, including maintenance, reliability support, and advisory services. The company offers engineering and project management services to the floating production systems, heavy oil and oil sands, offshore topsides, offshore pipelines and subsea systems, onshore pipelines and receiving terminals, onshore oil and gas production facilities, sulphur recovery plants, arctic and cold climate, and unconventional oil and gas facilities, as well as for petrochemicals, refining, and LNG sectors. It also provides engineering and project services for base metals, coal, chemicals, ferrous metals, alumina, aluminum, iron ore, and gas cleaning industries. In addition, the company offers infrastructure business support services for resource and urban infrastructure markets, including environmental and restoration services, development of water gathering and processing facilities, rail and port assets, and power generation and transmission. WorleyParsons Limited was founded in 1971 and is based in North Sydney, Australia.

Top 10:

Exponential Moving Average

Download
Company Close Change(%) Volume Value Signal
ATL ASX 20 0.55 13.4 218,530 1.4 BULLISH
ECX Eclipx 1.7 8.6 2,968,913 0.9 BULLISH
ISU Iselect 0.6 6.3 481,712 2.8 BULLISH
DNA Donaco International 0.07 6.2 1,252,006 34.7 BULLISH
SMX Sms Management & Technology 0.29 5.5 94,698 3.3 BULLISH
CGF Challenger Financial Services 7.55 5 3,934,220 2 BULLISH
FLN Freelancer 0.77 4.8 46,334 18.8 BULLISH
AGI Ainsworth Game Technology 0.82 3.8 200,641 2 BULLISH
INA Ingenia Communities 4.2 3.7 691,941 0.4 BULLISH
AWC Alumina 2.28 3.2 19,888,487 0.7 BULLISH