Collection House

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

Elder Ray Index

Score

0.6

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 33 17.4 0.48% 0.80% 5.0% -2.9% 21.4%
SHORT 34 6.8 0.65% 1.69% 1.5% -1.8% 10.1%

Summary

Technical Analysis

Collection House (CLH.AX)


Indicator:

ELDER RAY INDEX


Last Signal:

BEARISH


Trading: SELL @ $1.26
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.


Collection House (ASX:CLH) Elder Ray Index is signalling a Bearish movement



A technical indicator developed by Alexander Elder that measures the amount of buying and selling pressure in the market. This indicator consists of two separate indicators known as bull power and bear power. These figures allow a trader to determine the position of the price relative to a certain exponential moving average (EMA).

Calculation: Elder Ray Index (ERI):
1) Bull Power = Daily High - n-period EMA;
2) Bear Power = Daily Low - n-period EMA;


PROFILE: Collection House (CLH.AX)


Stock Exchange: ASX
Company: Collection House
Ticker Codes: | CLH.AX | ASX:CLH |

About Collection House (ASX:CLH):

Collection House Limited provides debt collection and receivables management services in Australia and New Zealand. The company operates through Collection Services and Purchased Debt Ledgers segments. It offers debt collections services to clients in the Australasian financial services, insurance, public utility, credit, and government enterprise markets; and debt purchasing services for banking, finance, telecommunications, and energy sectors. The company also provides receivables management, repayment arrangement management, asset location recovery and sale, hardship, legal and insolvency, debt purchase, credit management training, finance brokerage, and business process outsourcing services. Collection House Limited was incorporated in 1992 and is headquartered in Newstead, Australia.

Top 10:

Elder Ray Index

Download
Company Close Change(%) Volume Value Signal
EWC Energy World Corporation 0.07 15 2,437,137 0.15 BULLISH
PPS Praemium 0.41 9.3 3,235,337 0 BULLISH
EDE Eden Energy 0.03 7.1 1,425,845 0.02 BULLISH
DWS DWS 1.13 6.6 119,422 0 BULLISH
VGL Volante 5.8 6.4 1,417 0.01 BULLISH
WGX Westgold Resources 1.69 6.3 616,095 0 BULLISH
CAT Catuity 1.27 6.3 779,850 0.1 BULLISH
IMD Imdex 1.1 5.8 2,149,957 0.25 BULLISH
NST Northern Star Resources 10.54 5.6 3,773,663 0.89 BULLISH
GOR Gold Road Resources 1.05 5.6 2,804,920 0.2 BULLISH