Challenger Financial Services

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

Commodity Channel Index

Score

0.7

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 59 7.6 0.53% 1.07% 2.9% -3.4% -7.6%
SHORT 58 6.7 0.67% 2.05% 2.6% -2.8% 47.4%

Summary

Technical Analysis

Challenger Financial Services (CGF.AX)


Indicator:

COMMODITY CHANNEL INDEX


Last Signal:

BULLISH


Trading: HOLD @ $8.2
Signal Strength: MEDIUM
Recommendation:

Challenger Financial Services (ASX:CGF) current trading has maintained the Commodity Channel Index to oversold status and signalled the continuation of the bullish trading conditions. Currently, the CCI is 73. The bullish signal has been active for 0 day. During the quarter, the lowest CCI value was -199.


Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. 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: Challenger Financial Services (CGF.AX)


Stock Exchange: ASX
Company: Challenger Financial Services
Ticker Codes: | CGF.AX | ASX:CGF |

About Challenger Financial Services (ASX:CGF):

Challenger Limited is a publicly owned investment manager. The company also provides retirement services to its clients. It manages equity mutual funds. The firm invests into the public equity markets. Challenger Limited was founded in 1985 and is based in Australia, Asia and United Kingdom.

Top 10:

Commodity Channel Index

Download
Company Close Change(%) Volume Value Signal
BFC Beston Global Food 0.09 10 383,135 -111 BULLISH
HFR Highfield Resources 0.67 9 22,865 -131 BULLISH
ISD Isentia 0.26 8.3 518,734 71 BULLISH
IMF IMF 3.81 6.7 2,751,384 35 BULLISH
ORE Orocobre 2.7 5.9 1,851,831 -151 BULLISH
IPD Impedimed 0.19 5.7 1,187,121 -109 BULLISH
OZL Oz Minerals 11.2 4.9 5,194,266 -117 BULLISH
BFG Bell Financial 1.15 4.5 338,716 16 BULLISH
AMP AMP 1.95 4.3 12,225,446 -185 BULLISH
BSA Broadcast Services Australia 0.4 3.9 307,029 77 BULLISH