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

-0.3

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 42 11.4 0.50% 0.88% 2.4% -2.9% -20.2%
SHORT 42 7.4 0.64% 1.59% 2.3% -3.3% 5.0%

Summary

Technical Analysis

Cardno (CDD.AX)


Indicator:

COMMODITY CHANNEL INDEX


Last Signal:

BULLISH


Trading: HOLD @ $0.93
Signal Strength: MEDIUM
Recommendation:

Cardno (ASX:CDD) current trading has maintained the Commodity Channel Index to oversold status and signalled the continuation of the bullish trading conditions. Currently, the CCI is 16. The bullish signal has been active for 0 day. During the quarter, the lowest CCI value was -202.


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: Cardno (CDD.AX)


Stock Exchange: ASX
Company: Cardno
Ticker Codes: | CDD.AX | ASX:CDD |

About Cardno (ASX:CDD):

Cardno Limited, a professional infrastructure and environmental services company, engages in the development and improvement of physical and social infrastructure for communities worldwide. The company offers technical and economic feasibility services; planning services, such as statutory planning, urban development, master planning and design, mapping and surveying, and transportation planning; environmental consulting services in natural systems assessment and management, environmental impact assessment and monitoring, agricultural development, climate change management, conservation, and rehabilitation; and engineering design services for various structures, spaces, and systems. It also provides software and technology solutions that aid planning and design for engineers and planners in various industries; project management services across the project lifecycle; construction materials testing and inspection services for building, infrastructure, and mining projects; and construction management services consisting of construction and contract administration, construction and demolition, construction supervision, and subsurface utility engineering. In addition, the company offers asset management, condition assessment, facilities management, infrastructure, and software implementation services; management consulting services to public and private clients to optimize their investment in physical, economic, and social infrastructure projects; and development assistance services to enhance infrastructure, economic, health, educational, and governance situations of developing nations. It serves the building, land, coastal and ocean, environment, international development, management services, energy and resources, transportation, water, and defense market sectors. The company was founded in 1945 and is headquartered in Fortitude Valley, Australia.

Top 10:

Commodity Channel Index

Download
Company Close Change(%) Volume Value Signal
PPS Praemium 0.41 9.3 3,235,337 103 BULLISH
NAN Nanosonics 4.93 6.7 1,283,636 151 BULLISH
DWS DWS 1.13 6.6 119,422 149 BULLISH
VGL Volante 5.8 6.4 1,417 172 BULLISH
NST Northern Star Resources 10.54 5.6 3,773,663 199 BULLISH
SAR Saracen Mineral 3.66 5.5 4,153,957 224 BULLISH
FMG Fortescue Metals 8.8 5.4 17,285,949 83 BULLISH
PRU Perseus Mining 0.5 5.3 6,327,147 219 BULLISH
DNA Donaco International 0.11 5 843,519 107 BULLISH
CIA Champion Iron 3.24 4.9 531,475 154 BULLISH