|Position||Trades||Duration||Win rate||Win/loss||Avg win||Avg loss||Return|
|Position||Trades||Duration||Win Rate||Win/Loss||Avg Win||Avg Loss||Return|
Cabcharge Australia (CAB.AX)
ELDER RAY INDEX
Trading: BUY @ $2.25
Signal Strength: MEDIUM
Volatility indicators highlight potential moves of a stock which can either move sharply in the updwards or downwards direction. This indicator allows stocks to be compared on a level playing field to highlight high and low volatility. Normally, falling markets are more likely to be volatile than a rising markets due to the emotion that gets tied to trading. Use volatility indicators in conjunction with other indicators to reduce exposure to false moves.
Cabcharge Australia (ASX:CAB) Elder Ray Index is signalling a Bullish movement
A technical indicator developed by Alexander Elder that measures the amount of buying and selling pressure in the market. This indicator consists of two separate indicators known as bull power and bear power. These figures allow a trader to determine the position of the price relative to a certain exponential moving average (EMA).
Calculation: Elder Ray Index (ERI):
1) Bull Power = Daily High - n-period EMA;
2) Bear Power = Daily Low - n-period EMA;
PROFILE: Cabcharge Australia (CAB.AX)
Stock Exchange: ASX
Company: Cabcharge Australia
Ticker Codes: | CAB.AX | ASX:CAB |
Cabcharge Australia Limited provides personal transport solutions to passengers, drivers, and taxi operators in Australia. The company offers Cabcharge Plus, a cloud based travel management solution that facilitates taxi booking and dispatching, as well as provides real-time electronic trip information and ATO compliant receipt access services. It also provides cashless methods for paying Taxi fares under the Cabcharge FASTCARD, FASTeTICKET, and FLEXeTICKET names; and Cabcharge gift cards, as well as FAREWAYplus, an in-car payment processing terminal. In addition, the company offers taxi booking applications for the 13CABS, Silver Service, and Yellow Cabs brands. Further, it provides taxi fit-out and repair, vehicle financing and insurance, and driver training and education services. The company was founded in 1976 and is based in Sydney, Australia.
|IRD Iron Road||0.06||9.4||30,400||-0.01||BEARISH|
|RBL Rib Loc||1||8.1||956,642||-0.01||BEARISH|
|SMX Sms Management & Technology||0.29||7.4||110,885||0||BEARISH|
|KAR Karoon Gas Australia||0.96||6.7||1,123,504||-0.07||BEARISH|
|WTC Wisetech Global||18.67||6.5||1,480,300||-0.04||BEARISH|
|MLX Metals X||0.42||6.3||12,599,160||-0.01||BEARISH|
|WAF West African Resources||0.3||5.4||412,407||-0.04||BEARISH|