Av Jennings Homes

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%

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Trading Performance

Commodity Channel Index

Score

1.0

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 55 8.3 0.60% 1.27% 2.3% -2.4% 13.5%
SHORT 55 7.2 0.60% 1.32% 2.5% -2.0% 32.4%

Summary

Technical Analysis

Av Jennings Homes (AVJ.AX)


Indicator:

COMMODITY CHANNEL INDEX


Last Signal:

BULLISH


Trading: HOLD @ $0.6
Signal Strength: MEDIUM
Recommendation:

Av Jennings Homes (ASX:AVJ) current trading has maintained the Commodity Channel Index to oversold status and signalled the continuation of the bullish trading conditions. Currently, the CCI is 244. The bullish signal has been active for 0 day. During the quarter, the lowest CCI value was 15.


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: Av Jennings Homes (AVJ.AX)


Stock Exchange: ASX
Company: Av Jennings Homes
Ticker Codes: | AVJ.AX | ASX:AVJ |

About Av Jennings Homes (ASX:AVJ):

AVJennings Limited engages in the development of residential properties in Australia. It is involved in land and apartment development, and integrated housing activities. The company was founded in 1932 and is based in Hawthorn, Australia. AVJennings Limited is a subsidiary of SC Global Developments Pte Ltd.

Top 10:

Commodity Channel Index

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Company Close Change(%) Volume Value Signal
ISX Isignthis 0.6 8.2 4,830,133 121 BEARISH
RAP Resapp Health 0.15 7.1 428,520 -62 BEARISH
EML Emerchants 2.55 6.3 2,216,677 221 BEARISH
ADH Adairs 2.06 5.6 1,149,442 183 BEARISH
BFC Beston Global Food 0.12 4.3 385,290 -16 BEARISH
ONE Oneview Healthcare 0.25 4.2 107,600 -36 BEARISH
IRD Iron Road 0.06 3.5 18,500 -54 BEARISH
BLX Beacon Lighting 1.2 3.4 140,762 152 BEARISH
CCV Cash Converters International 0.17 3 378,531 262 BEARISH
GOR Gold Road Resources 1.1 2.8 3,737,117 162 BEARISH