Beach Petroleum

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

Commodity Channel Index

Score

0.85

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 56 7.1 0.63% 1.52% 4.7% -3.7% 77.7%
SHORT 54 8.2 0.52% 1.04% 4.9% -5.4% -7.0%

Summary

Technical Analysis

Beach Petroleum (BPT.AX)


Indicator:

COMMOIDITY CHANNEL INDEX


Last Signal:

BEARISH


Trading: SELL @ $2.35
Signal Strength: MEDIUM
Recommendation:

Beach Petroleum (ASX:BPT) current trading has maintained the Commodity Channel Index to overbought status and signalled the continuation of the bearish trading conditions. Currently, the CCI is -102. The bearish signal has been active for 18 days. During the quarter, the highest CCI value was -45.


Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading exit. 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: Beach Petroleum (BPT.AX)


Stock Exchange: ASX
Company: Beach Petroleum
Ticker Codes: | BPT.AX | ASX:BPT |

About Beach Petroleum (ASX:BPT):

Beach Energy Limited explores, develops, produces, and sells oil, gas, and gas liquids. It holds interests in exploration and production tenements in Australia, New Zealand, and Tanzania. The company was formerly known as Beach Petroleum Limited and changed its name to Beach Energy Limited in December 2009. Beach Energy Limited was founded in 1961 and is based in Glenside, Australia.

Top 10:

Commodity Channel Index

Download
Company Close Change(%) Volume Value Signal
EOS Electro Optic Systems Holdings 7.23 8.2 392,340 -32 BEARISH
GNG GR Engineering Services 0.82 7.2 8,204 -63 BEARISH
MAH Macmahon 0.19 5.6 253,443 -40 BEARISH
CDV Cardinal Resources 0.4 5.3 352,093 -50 BEARISH
FBR Fastbrick Robotics 0.06 5 1,145,523 -24 BEARISH
BSA Broadcast Services Australia 0.43 4.9 182,669 -38 BEARISH
LNG Liquefied Natural Gas 0.23 4.7 311,683 -77 BEARISH
ISD Isentia 0.38 4.2 325,358 -115 BEARISH
CII Ci Resources 1.25 3.7 10,000 -86 BEARISH
BBN Baby Bunting 3.48 3.3 830,020 -38 BEARISH