|Position||Trades||Duration||Win rate||Win/loss||Avg win||Avg loss||Return|
|Position||Trades||Duration||Win Rate||Win/Loss||Avg Win||Avg Loss||Return|
ELDERS FORCE INDEX
Trading: SELL @ $0.93
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.
Cardno (ASX:CDD) current price has highlighted recent selling pressure. Currently, the Elders Force Index is -1159.
Elders Force Index (EFI) measures the power behind a price movement using price and volume. The indicator can also be used to identify potential reversals and price corrections. The EFI is an oscillator that fluctuates between positive and negative values above and below a Zero Line.
Calculation: Elders Force Index (EFI):
1) Close – Close yesterday x Volume;
PROFILE: Cardno (CDD.AX)
Stock Exchange: ASX
Ticker Codes: | CDD.AX | 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.
|AUB Austbrokers Holdings||11.94||4.7||403,318||-706||BEARISH CROSSOVER|
|MVF Monash IVF||1.04||3||168,776||-1,209||BEARISH CROSSOVER|
|PNR Pacific Niugini Minerals||0.17||3||1,093,625||-1,233||BEARISH CROSSOVER|
|SLK Sealink Travel||5.19||3||583,557||-172||BEARISH CROSSOVER|
|AMA Allomak||1.39||1.8||4,202,595||-33,773||BEARISH CROSSOVER|
|RWC Reliance Worldwide Corporation||4.25||1.7||1,970,085||-3,599||BEARISH CROSSOVER|
|SDA Speedcast International||1||1.5||1,676,967||-21,029||BEARISH CROSSOVER|
|EOS Electro Optic Systems Holdings||7.21||1.3||214,605||-812||BEARISH CROSSOVER|
|TLG Talga Gold||0.49||1||76,776||-201||BEARISH CROSSOVER|
|MIR Mirrabooka||2.56||0.8||46,517||-252||BEARISH CROSSOVER|