[NEUTRAL]: The Citadel current trading has closed out Commodity Channel Index to overbought status and signalled the initiation of normal trading conditions. Currently, the CCI is 65. The previous bearish signal was active for 1 day. During the quarter, the highest CCI value was 253.
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: The Citadel (CGL.AX)
Stock Exchange: ASX
Company: The Citadel
Ticker Codes: | CGL.AX | ASX:CGL |
The Citadel Group Limited develops and delivers integration and managed service solutions to state and federal government departments, and the private sector in Australia. It specializes in managing knowledge in complex environments through integrating know-how, systems and people to provide information on an anywhere-anytime basis. The company primarily offers long term managed services, software-as-a-service, and strategic advisory services. The Citadel Group Limited is based in Symonston, Australia.
Commodity Channel IndexDownload
|FMG Fortescue Metals||3.95||4.2||31,113,220||78||BULLISH|
|AKP Audio Pixels Holdings||13.86||4.2||7,217||70||BULLISH|
|RBL Rib Loc||1.6||3.2||50,521||-104||BULLISH|
|WGX Westgold Resources||1.21||3||5,066,073||-113||BULLISH|
|CUV Clinuvel Pharmaceuticals||18.94||2.9||570,748||86||BULLISH|
|IRI Integrated Research||2.53||2.8||232,042||66||BULLISH|