[BEARISH]: Apn Property current trading has maintained the Commodity Channel Index to overbought status and signalled the continuation of the bearish trading conditions. Currently, the CCI is 185. The bearish signal has been active for 0 day. During the quarter, the highest CCI value was 238.
The Commodity Channel Index indicator takes a security’s change in price and compares that to its average change in price. CCIs calculation produces positive and negative values that oscillate above and below a Zero Line. Typically a value of 100 is identified as overbought and a reading of -100 is identified as being oversold.
[Calculation] 20 Period CCI:
1) CCI = (Typical Price - 20 Period SMA of TP) / (.015 x Mean Deviation);
2) Typical Price (TP) = (High + Low + Close)/3;
Commodity Channel IndexDownload
|Company||Close||Close Change (%)||Volume||Value||Signal|
|ELX Ellex Medical Lasers||0.74||10.4||176,624||217||BEARISH|
|TNE Technology One||4.74||8.2||4,162,616||348||BEARISH|
|COE Cooper Energy||0.45||4.7||13,793,513||246||BEARISH|
|AAC Australian Agricultural||1.44||4.3||2,018,901||198||BEARISH|
|NBL Noni B||3.32||3.8||74,092||251||BEARISH|
|NZK New Zealand King Salmon Investments||2.44||2.5||9,297||138||BEARISH|