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

Range Change

Score

-0.35

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 87 5.3 0.43% 0.67% 1.6% -1.2% -4.6%
SHORT 88 5.0 0.39% 0.62% 1.5% -1.1% -11.9%

Summary

Technical Analysis

Crown (CWN.AX)


Indicator:

RANGE CHANGE


Last Signal:

BEARISH


Trading: SELL @ $12.14
Signal Strength: WEAK
Recommendation:

Indicator MUST BE USED in additional to another technical indicator to confirmation for trading entry. Indicator can be applied to the short term timeframe but is only able to give and indication of the strength of the buyers versus sellers at the market close. This bar analysis can provide guidance on the daily battle between sellers and buyers from the companies recent trading.


Crown (ASX:CWN) sellers are increasingly eager. This is the first day sellers have increasing eagerness for CWN adding strength to a downtrend in the first timeframe. The biggest price range this month has been $0.4800 & the greatest daily price range this year has been $3.3600. The price range ratio this week versus the quarterly price range is 0.4x & the price range ratio this month versus the year to date price range is 0.1x.



The range of the bar gives important information about the strength of weakness of a trend. If buyers are very committed they will be keen to buy and will tend to bid the price up even in the face of some selling pressure. Price will quickly & easily move upward and the move will tend to be significant. As such expanding ranges indicate the either buyers or sellers becoming more committed. Alternatively once the range begins to contract the side in control are losing commitment.

Calculation: Range Today Versus Range Yesterday (RTRY):
1) Expanding ranges on the upside indicates that buyers are increasingly eager;
2) Expanding ranges on the downside indicates that sellers are increasingly eager;
3) Contracting ranges on the upside indicates that buyers are becoming less eager;
4) Contracting ranges on the downside indicates that sellers are becoming less eager;


PROFILE: Crown (CWN.AX)


Stock Exchange: ASX
Company: Crown
Ticker Codes: | CWN.AX | ASX:CWN |

About Crown (ASX:CWN):

Crown Resorts Limited operates in the entertainment industry primarily in Australia. It operates in four segments: Crown Melbourne, Crown Perth, Crown Aspinalls, and Wagering & Online. The company owns and operates two integrated resorts, including Crown Melbourne in Melbourne and Crown Perth in Perth. Its Crown Melbourne resort comprises 2,628 gaming machines and 540 gaming tables; the Crown Towers Melbourne hotel with 481 guest rooms, the Crown Metropol Melbourne hotel with 658 guest rooms, and the Crown Promenade Melbourne hotel with 465 guest rooms; a conference center; banqueting facilities; restaurants and bars; and designer brands and retail outlets. The company's Crown Perth resort includes the Crown Towers Perth hotel with 500 guest rooms; Crown Metropol Perth hotel comprising 397 guest rooms; the Crown Promenade Perth hotel with 291 guest rooms; entertainment facilities comprising a ballroom, theatre, and convention facilities; and rooms, suites, villas, private gaming salons, restaurants, bars, pool, and spa facilities. It also owns and operates the Crown Aspinalls, a casino in London; and engages in wagering and online social gaming activities. The company was formerly known as Crown Limited and changed its name to Crown Resorts Limited in October 2013. Crown Resorts Limited is based in Southbank, Australia.

Top 10:

Range Change

Download
Company Close Change(%) Volume Value Signal
IFL Ioof Holdings 7.05 10.8 5,269,323 0 BEARISH
PPS Praemium 0.56 7.7 3,228,178 -1 BEARISH
ISU Iselect 0.6 6.3 481,712 0 BEARISH
PGC Paragon Care 0.46 4.5 692,508 0 BEARISH
AGI Ainsworth Game Technology 0.82 3.8 200,641 -1 BEARISH
INA Ingenia Communities 4.2 3.7 691,941 -1 BEARISH
BWX BWX 3.9 3.7 242,622 0 BEARISH
CWP Cedar Woods Properties 6.78 3.5 47,993 0 BEARISH
VTG Vita 1.23 3.4 65,830 -1 BEARISH
AWC Alumina 2.28 3.2 19,888,487 -1 BEARISH