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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Company

Indicator

Code Company Date Close Change Indicator Value Signal

Trading Performance

Commodity Channel Index

Score

-0.25

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 27 15.6 0.41% 0.69% 4.1% -4.7% -29.9%
SHORT 27 11.3 0.52% 0.93% 4.7% -3.3% 17.1%

Summary

Technical Analysis

Cardno (CDD.AX)


Indicator:

COMMOIDITY CHANNEL INDEX


Last Signal:

BEARISH


Trading: SELL @ $0.85
Signal Strength: MEDIUM
Recommendation:

Cardno (ASX:CDD) current trading has maintained the Commodity Channel Index to overbought status and signalled the continuation of the bearish trading conditions. Currently, the CCI is -150. The bearish signal has been active for 69 days. During the quarter, the highest CCI value was 54.


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: 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
CCP Credit Corp 27.27 13.3 452,171 112 BEARISH CROSSOVER
DNA Donaco International 0.11 2.8 524,765 -11 BEARISH CROSSOVER
OCL Objective Corporation 3.4 2.7 1,300 -83 BEARISH CROSSOVER
NZM Nzme 0.49 2.1 13,629 257 BEARISH CROSSOVER
MGX Mount Gibson Iron 0.73 2.1 1,446,849 165 BEARISH CROSSOVER
GUD Gud Holdings 8.76 2.1 585,465 -4 BEARISH CROSSOVER
AVJ Av Jennings Homes 0.57 1.8 72,440 -22 BEARISH CROSSOVER
HVN Harvey Norman 4.57 1.8 3,815,037 144 BEARISH CROSSOVER
MGR Mirvac 3.14 1 10,075,334 -42 BEARISH CROSSOVER
DWS DWS 1.15 0.9 19,110 125 BEARISH CROSSOVER