Corporate Travel Management

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

Elder Ray Index

Score

-1.45

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 47 12.1 0.36% 0.57% 3.7% -4.4% -68.3%
SHORT 48 5.1 0.58% 1.33% 1.2% -2.9% -26.3%

Summary

Technical Analysis

Corporate Travel Management (CTD.AX)


Indicator:

ELDER RAY INDEX


Last Signal:

BEARISH


Trading: SELL @ $14.3
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.


Corporate Travel Management (ASX:CTD) 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: Corporate Travel Management (CTD.AX)


Stock Exchange: ASX
Company: Corporate Travel Management
Ticker Codes: | CTD.AX | ASX:CTD |

About Corporate Travel Management (ASX:CTD):

Corporate Travel Management Limited, a travel management solutions company, manages the purchase and delivery of travel services for the corporate market worldwide. It operates in four segments: Travel Services Australia and New Zealand, Travel Services North America, Travel Services Asia, and Travel Services Europe. The company offers a range of corporate travel services, such as cost reduction, client onboarding, and travel technology services; sport travel services comprising corporate and VIP travel, group travel, and event management services; and event travel services. It also provides resource travel services consisting of bulk upload, shift management, and expense management products, as well as behavior analysis, charter negotiation, risk alert, and emergency evacuation services. The company was founded in 1994 and is headquartered in Brisbane, Australia.

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