The Tricklar short term trend indicator (T1) highlights the high points and low points associated with the individual bars. As such, successive rallies penetrating preceding high points whilst cancelling preceding lower troughs offer a BULLISH indication in the second time frame. Conversely, failure of rallies to penetrate previous Lower peaks whilst maintaining prices below the previous lower troughs indicates BEARISH trends in the second timeframe.
Calculation: Tricklar short trend (T1):
1) [BULLISH] An uptrend is a succession of higher highs and higher lows;
2) [BEARISH] A downtrend is a succession of lower highs and lower lows;
PROFILE: Commonwealth Bank (CBA.AX)
Stock Exchange: ASX
Company: Commonwealth Bank
Ticker Codes: | CBA.AX | ASX:CBA |
Commonwealth Bank of Australia provides integrated financial services in Australia, New Zealand, and internationally. It offers retail, premium, business, and institutional banking; and funds management, superannuation, insurance, investment, and share-broking products and services. The company provides retail banking services, including home loans, credit cards, personal loans, transaction accounts, and demand and term deposits through its Commonwealth Bank and Bankwest brands; and commercial products, such as business loans, equipment and trade finance, and rural and agribusiness products to corporations, government entities, and other institutions. It also manages investment portfolios, including active and indexed investment options, which consist of Australian and international shares, listed property, fixed interest, credit, infrastructure, private equity, and cash for a range of retail and wholesale clients. In addition, the company provides a range of life insurance, superannuation, retirement income, and general insurance products. It serves its customers through branch, online, and mobile channels. Commonwealth Bank of Australia was founded in 1911 and is headquartered in Sydney, Australia.
1st timeframe trendDownload
|TNG Tennant Creek Gold||0.11||12.2||1,689,894||1||BULLISH|
|BKY Berkeley Resources||0.33||10||250,006||1||BULLISH|
|SPL Starpharma Holdings||1.34||5.9||873,280||1||BULLISH|
|TWE Treasury Wine Estates||16.75||3.1||4,337,366||1||BULLISH|
|SWM Seven West Media||0.55||2.8||3,681,747||1||BULLISH|