Charter Hall

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

Daily Volume Index

Score

0.0

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 14 31.4 0.57% 1.33% 9.0% -2.0% 59.6%
SHORT 14 21.0 0.29% 0.36% 2.5% -2.7% -19.1%

Summary

Technical Analysis

Charter Hall (CHC.AX)


Indicator:

DAILY VOLUME INDEX


Last Signal:

BEARISH


Trading: SELL @ $11.58
Signal Strength: MEDIUM
Recommendation:

Charter Hall (ASX:CHC) current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the DVI is -746.


Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading exit. 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 daily volume index (DVI) is the amount of individual securities traded in a day on average over a specified period of time. Trading activity relates to the liquidity of a security. When average daily trading volume is high the stock can be easily traded and has high liquidity if trading volume is not very high and the security will tend to be less expensive because people are not as willing to buy it. As a result average daily trading volume can have an effect on the price of the security.

Calculation: Daily Volume Index (DVI):
1) [Close]-[Average price] / [Average price] x [Volume];


PROFILE: Charter Hall (CHC.AX)


Stock Exchange: ASX
Company: Charter Hall
Ticker Codes: | CHC.AX | ASX:CHC |

About Charter Hall (ASX:CHC):

Charter Hall Group (ASX:CHC) is one of Australia's leading fully integrated property groups, with over 25 years' experience managing and investing in high quality property on behalf of institutional, wholesale and retail clients. Charter Hall has $21.9 billion of funds under management across the office, retail and industrial sectors. The Group has offices in Sydney, Melbourne, Brisbane, Adelaide and Perth. The Group's success is underpinned by a highly skilled and motivated team with diverse expertise across property sectors and risk-return profiles. Sustainability is a key element of its business approach and by ensuring its actions are commercially sound and make a difference to its people, customers and the environment, Charter Hall can make a positive impact for its investors, the community and the Group.

Top 10:

Daily Volume Index

Download
Company Close Change(%) Volume Value Signal
MOY Millennium Minerals 0.13 13.6 1,861,319 -116,378 BEARISH
MXI Maxitra Industries 0.33 8.2 24,282 -717 BEARISH
MLX Metals X 0.25 6.4 2,769,031 -17,870 BEARISH
OMH OM Holdings 0.86 5.5 28,581 -513 BEARISH
AJM Altura Mining 0.11 4.8 879,399 -9,320 BEARISH
URF Us Masters Residential Property Fund 0.9 4.7 25,678 -278 BEARISH
RMS Ramelius Resources 0.79 4.6 5,774,170 -37,215 BEARISH
EDE Eden Energy 0.07 4.6 4,448,760 -21,957 BEARISH
ABC Adelaide Brighton 4.35 4.3 2,365,140 -4,535 BEARISH
EQT Equity Trustees 31.4 4.3 6,694 -79 BEARISH