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%

What indicators would you like to backtest?

Trading Performance

Close Change

Score

-1.05

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 115 3.7 0.30% 0.39% 2.6% -1.6% -46.7%
SHORT 115 4.7 0.35% 0.51% 2.9% -1.8% -22.3%

Summary

Technical Analysis

Cardno (CDD.AX)


Indicator:

PRICE CHANGE


Last Signal:

BEARISH


Trading: SELL @ $0.86
Signal Strength: WEAK
Recommendation:

Indicator MUST BE USED in additional to another technical indicator to confirmation for trading entry. Indicator can be applied to the short term timeframe but is only able to give and indication of the strength of the buyers versus sellers at the market close. This bar analysis can provide guidance on the daily battle between sellers and buyers from the companies recent trading.


Cardno (ASX:CDD) sellers are keener than buyers and are driving the price down. There has been 3 consecutive days of price decline for CDD adding strength to a downtrend in the first timeframe. The biggest downward movement this month has been -5.8 & the greatest daily negative change this year has been -71.2. The longest consecutive downswing rally over the last 12 months has been 7 days giving a total rally downward movement of -73.7%. This quarter, the largest downswing rally has been 5 days giving a total rally downward movement of -73.7%. The loss ratio for price rise in the first timeframe for the last 12 months is 0x giving a total win/loss ratio of 0.5x. Over the last month the average daily downward movement has been -3.400000%



The only price most market participants look at is the closing price in relation to the previous day’s close. As such the position of the close has the ability to highlight recent performance and indirectly the keenness of traders.

[Calculations] Close Today Versus Close Yesterday (CTCY):
1) [Close] > [Close Yesterday] = Buyers keener than sellers;
2) [Close] < [Close Yesterday] = Sellers keener than buyers;
3) [Close] = [Close Yesterday] = Neither are keener


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:

Close Change

Download
Company Close Change(%) Volume Value Signal
AGL AGL Energy 20.38 0 1,384,265 -1 BEARISH
XDJ ASX 200 Cons Disc 2460.2 -0.1 0 -1 BEARISH
XMD ASX Midcap50 6970.9 -0.1 0 -1 BEARISH
ALU Altium 33.93 -0.1 433,612 -1 BEARISH
CAR Carsales 13.75 -0.1 787,542 -1 BEARISH
IRE Iress Market Technology 14.03 -0.1 428,369 -1 BEARISH
TCL Transurban 15.25 -0.1 3,013,752 -1 BEARISH
WTC Wisetech Global 28.41 -0.1 562,042 -1 BEARISH
RHL Ruralco Holdings 4.16 -0.2 684,388 -1 BEARISH
SGR The Star Entertainment 4.06 -0.2 3,521,938 -1 BEARISH