Central Australian Phosphate

What indicators would you like to setup a trade for?

Candlestick Daily volume index Bar reversal Edit

Trade setup

Position Order Entry Exit Stop Loss Risk Return Expectancy
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?

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%

Company

Indicator

Code Company Date Close Change Indicator Value Signal

Trading Performance

Bar Reversal

Score

0.6

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 61 6.0 0.70% 2.26% 1.9% -2.7% 28.6%
SHORT 63 7.7 0.57% 1.16% 1.9% -2.3% -1.2%

Summary

Technical Analysis

Central Australian Phosphate (CEN.AX)


Indicator:

KEY REVERSAL


Last Signal:

BEARISH


Trading: SELL @ $6.82
Signal Strength: MEDIUM
Recommendation:

Indicator can be used in isolation but is strengthened by additional indicator confirmation. Indicator can be applied to the short or medium term timeframe and is able to highlight a potential change in price direction. This bar analysis can provide guidance on the daily battle between sellers and buyers from the companies recent trading.


Central Australian Phosphate (ASX:CEN) A short term Key Reversal has formed with Central Australian Phosphate which confirms the presence of a bearish bar reversal. Over the last 12 months there have been 1 occurrences of this bar reversal giving a signal probability of 0.4%.



In the key reversal there is a failure to maintain the trending move in a very emotional trading session. Since the key reversal is an outside day there is not an absolute break in the trend however the reversal signal has the potential to upset the commitment of most active market participants.

Calculation: Key Reversal:
1) Uptrend: [Open] > [Close Yesterday] & [High] > [High Yesterday] & [Close] < [Low Yesterday];
2) Downtrend: [Open] < [Close Yesterday] & [Low] < [Low Yesterday] & [Close] > [High Yesterday]


PROFILE: Central Australian Phosphate (CEN.AX)


Stock Exchange: ASX
Company: Central Australian Phosphate
Ticker Codes: | CEN.AX | ASX:CEN |

About Central Australian Phosphate (ASX:CEN):

Contact Energy Limited generates and retails electricity, natural gas, and LPG in New Zealand. It generates electricity through hydro, geothermal, and thermal sources. The company serves approximately 567,000 customers, such as residential, small business, commercial, and industrial. Contact Energy Limited was founded in 1995 and is headquartered in Wellington, New Zealand.

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