Trading indicator
Commodity Channel IndexTrade 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% |
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
Commodity Channel Index
Score
0.15
| Position | Trades | Duration | Win Rate | Win/Loss | Avg Win | Avg Loss | Return |
|---|---|---|---|---|---|---|---|
| SHORT | 62 | 7.1 | 0.58% | 0.86% | 1.4% | -1.6% | -17.7% |
| LONG | 61 | 6.3 | 0.70% | 1.16% | 1.1% | -0.9% | 15.2% |
Summary
Technical Analysis
Apn Property (APD.AX)
Indicator:
COMMODITY CHANNEL INDEX
Last Signal:
BULLISH
Trading: HOLD @ $0.735
Signal Strength: MEDIUM
Recommendation:
Apn Property (ASX:APD) current trading has maintained the Commodity Channel Index to oversold status and signalled the continuation of the bullish trading conditions. Currently, the CCI is 163. The bullish signal has been active for 0 day. During the quarter, the lowest CCI value was -28.
Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. Indicator can be applied to the short/medium term timeframe, but the best results are obtained with larger cyclical swings in-line with the trend direction. This accumulation / distribution oscillator can provide guidance on the money flow direction from the companies recent trading.
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;
PROFILE: Apn Property (APD.AX)
Stock Exchange: ASX
Company: Apn Property
Ticker Codes: | APD.AX | ASX:APD |
APN Property Group Limited operates as a real estate investment fund manager in Australia and internationally. It operates through Real Estate Securities Funds, Industrial Real Estate Fund, Direct Real Estate Funds, and Investment Revenue segments. The company manages open ended properties securities funds, listed property trusts, fixed term Australian funds, and wholesale funds. It manages direct property and listed funds, and managed investment schemes. The company provides its products to institutional and retail investors directly, as well as through independent financial planner networks and financial institutions. APN Property Group Limited was founded in 1996 and is headquartered in Melbourne, Australia.
Top 10:
Commodity Channel Index
| Company | Close | Change(%) | Volume | Value | Signal |
|---|---|---|---|---|---|
| ADA Adacel Technologies | 0.84 | 25.4 | 837,160 | 185 | BEARISH |
| VTG Vita | 1.5 | 17.2 | 2,188,039 | -32 | BEARISH |
| OMH OM Holdings | 0.48 | 9.1 | 115,969 | 138 | BEARISH |
| CAT Catuity | 2.12 | 8.2 | 378,234 | -53 | BEARISH |
| CDA Codan | 8.49 | 7.1 | 1,047,595 | 115 | BEARISH |
| NWH NRW | 3.18 | 7.1 | 3,688,408 | -73 | BEARISH |
| AYS Amaysim Australia | 0.34 | 6.3 | 179,377 | 149 | BEARISH |
| ALK Alkane Exploration | 1.04 | 5.1 | 5,657,983 | -51 | BEARISH |
| FSA FSA | 1.41 | 3.7 | 58,013 | 130 | BEARISH |
| FLN Freelancer | 0.43 | 3.7 | 207,554 | 135 | BEARISH |