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

Strong Reversal

Score

-0.05

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 18 24.0 0.67% 2.00% 1.8% -3.9% -1.2%
SHORT 17 16.8 0.71% 2.00% 2.0% -3.9% 0.9%

Summary

Technical Analysis

Crown (CWN.AX)


Indicator:

JAPANESE CANDLE


Last Signal:


Trading: POSITION @ $12.08
Signal Strength: STRONG
Recommendation:

Indicator MUST BE USED in additional to another technical indicator to confirmation for trading position. 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 Japanese candlestick indicator can provide guidance on the short term battle between sellers and buyers from the companies recent trading.


Crown (ASX:CWN) No strong reversal signals currently present. Previous signals for CWN include:


No Bullish Engulfing formations in the last 12 months


[BEARISH]: Crown has formed a hangingman reversal pattern 199 days ago on the 02 Apr 2019. CWN has traded significantly high than the stocks opening price, which was followed by a short term rally closing in the lower shadow of the days trading range. This indicates that the market is trying to determine the top of the short term uptrend.


No Bullish Engulfing formations in the last 12 months.


[BEARISH]: Crown has formed a Bearish Engulfing reversal pattern 274 days ago on the 17 Jan 2019. This means, CWN has traded engulfed a previous small body black candle with a large white change exceeding the previous days trading range. This indicates that the bulls have taken control in the short term timeframe and highlights a potential trend change.


No Dark Cloud Cover formations in the last 12 months.


[BULLISH]: Crown has formed a Bullish Piercing reversal pattern 3 days ago on the 15 Oct 2019. This means, CWN has been in a short term downtrend with a black candle which is followed by a strong gap down on open but closes in the upper half of the previous candle. This indicates after a very weak open the bulls have taken control on the close and highlights a potential trend change in the upward direction.


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.

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