Consolidated Gaming Corporation

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

Bill Williams Market Index

Score

-0.8

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 42 4.3 0.45% 0.73% 1.9% -3.1% -45.8%
SHORT 43 14.6 0.37% 0.59% 7.9% -4.9% -6.8%

Summary

Technical Analysis

Consolidated Gaming Corporation (CGC.AX)


Indicator:

MARKET FACILITATION INDEX


Last Signal:

POSITION


Trading: POSITION @ $3.98
Signal Strength: MEDIUM
Recommendation:

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.


Consolidated Gaming Corporation (ASX:CGC) Currently is a confirmed Green Day.



The Market Facilitation Index is designed for evaluation the willingness of the market to move the price. The indicators absolute values alone cannot provide any trading signals unlike its dynamics in relation to the dynamics of the volume.

Calculation: Bill Williams Market Facilitation Index:
1) Green bar - both MFI and volume are up. Increasing trading activity means market movement acceleration;
2) Blue bar - MFI indicator is up volume is down. The movement is continuing although the volume has dropped. The trend will soon be reversing;
3) Pink bar - MFI indicator is down volume is up. The slowing down movement while volume is raising may indicate a possible break through often a U-turn;
4) Brown bar - both MFI and volume are down. The market is no longer interested in the current direction and is looking for signs of a future development;


PROFILE: Consolidated Gaming Corporation (CGC.AX)


Stock Exchange: ASX
Company: Consolidated Gaming Corporation
Ticker Codes: | CGC.AX | ASX:CGC |

About Consolidated Gaming Corporation (ASX:CGC):

Costa Group Holdings Limited produces, packs, markets, and exports fruits and vegetables to food retailers in Australia. The company operates through three segments: Products, Costa Farms & Logistics, and International. It offers mushrooms, blueberries, raspberries, tomatoes, citrus, avocados, bananas, grapes, and other fruits. The company also provides logistics warehousing and services; and wholesale and marketing services. In addition, it engages in licensing blueberry varieties; and berry farming activities. The company primarily exports its products to Asia, North America, and Europe. The company was founded in 1888 and is based in Ravenhall, Australia.

Top 10:

Bill Williams Market Index

Download
Company Close Change(%) Volume Value Signal
AJX Alexium International 0.13 13 328,122 0 NEUTRAL
BOC Bougainville Copper 0.11 10 84,981 0 NEUTRAL
PNV Polynovo 1.4 9.8 3,261,201 0 NEUTRAL
MGX Mount Gibson Iron 1.06 9.3 5,320,324 0 NEUTRAL
NAN Nanosonics 5.6 5.7 3,678,008 0 NEUTRAL
GNG GR Engineering Services 0.85 5.6 43,068 0 NEUTRAL
SFR Sandfire Resources 6.67 5.5 1,218,623 0 NEUTRAL
PTM Platinum Asset Management 4.81 4.8 2,130,936 0 NEUTRAL
PGH Pact 2.38 4.8 1,550,238 0 NEUTRAL
BTI Bailador Technology Investments 0.98 4.8 48,460 0 NEUTRAL