Cedar Woods Properties

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%

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Trading Performance

Ulcer Index

Score

1.8

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 18 24.6 0.72% 2.60% 5.1% -3.3% 49.2%
SHORT 18 15.9 0.72% 2.17% 3.9% -3.8% 28.2%

Summary

Technical Analysis

Cedar Woods Properties (CWP.AX)


Indicator:

ULCER INDEX


Last Signal:

BEARISH


Trading: SELL @ $5.99
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.


Cedar Woods Properties (ASX:CWP) UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 1.409.



A technical indicator that measures downside risk in terms of both depth and duration of price declines. The Ulcer Index (UI) increases in value as the price moves farther away from a recent high and falls as the price rises to new highs. The indicator is usually calculated over 14 days with the UI showing the percentage drawdown a trader can expect from the high over that period. The greater the value of the UI the longer it takes for a stock to get back to the former high.

Calculation: Ulcer Index:
1) Percentage Drawdown = [(Close - 14-period High Close)/14-period High Close] x 100;
2) Squared Average = (14-period Sum of Percentage Drawdown Squared)/14;
3) Ulcer Index = Square Root of Squared Average;


PROFILE: Cedar Woods Properties (CWP.AX)


Stock Exchange: ASX
Company: Cedar Woods Properties
Ticker Codes: | CWP.AX | ASX:CWP |

About Cedar Woods Properties (ASX:CWP):

Cedar Woods Properties Limited engages in property investment and development activities in Australia. The company is involved in the urban land subdivision and development of residential, commercial, and retail projects in Western Australia, Victoria, and Queensland. It offers small affordable housing lots at its residential estates and luxury apartments at boutique waterfront developments. Cedar Woods Properties Limited was founded in 1987 and is headquartered in West Perth, Australia.

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