Eden Energy

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

Commodity Channel Index

Score

0.45

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 50 8.1 0.50% 0.81% 8.2% -7.2% -20.0%
SHORT 51 8.5 0.75% 2.00% 5.2% -6.7% 71.4%

Summary

Technical Analysis

Eden Energy (EDE.AX)


Indicator:

COMMODITY CHANNEL INDEX


Last Signal:

BULLISH


Trading: HOLD @ $0.049
Signal Strength: MEDIUM
Recommendation:

Eden Energy (ASX:EDE) current trading has maintained the Commodity Channel Index to oversold status and signalled the continuation of the bullish trading conditions. Currently, the CCI is 34. The bullish signal has been active for 0 day. During the quarter, the lowest CCI value was -190.


Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. Indicator can be applied to the short/medium term timeframe, but the best results are obtained with larger cyclical swings in-line with the trend direction. This accumulation / distribution oscillator can provide guidance on the money flow direction from the companies recent trading.


The Commodity Channel Index indicator takes a security’s change in price and compares that to its average change in price. CCIs calculation produces positive and negative values that oscillate above and below a Zero Line. Typically a value of 100 is identified as overbought and a reading of -100 is identified as being oversold.

Calculation: 20 Period CCI:
1) CCI = (Typical Price - 20 Period SMA of TP) / (.015 x Mean Deviation);
2) Typical Price (TP) = (High + Low + Close)/3;


PROFILE: Eden Energy (EDE.AX)


Stock Exchange: ASX
Company: Eden Energy
Ticker Codes: | EDE.AX | ASX:EDE |

About Eden Energy (ASX:EDE):

Eden Innovations Ltd. provides various clean technology solutions. The company offers EdenCrete, a carbon nanotube enriched admixture for concrete; and OptiBlend, a retrofit dual fuel kit for diesel generator sets. It also provides Pyrolysis, a technology to produce carbon nanotube, and carbon nanofibre and hydrogen; Hythane, a blend of hydrogen and natural gas; and EdenPlast, a CNT enriched polymers and plastics. The company was formerly known as Eden Energy Ltd. and changed its name to Eden Innovations Ltd. in November 2016. Eden Innovations Ltd. was incorporated in 2004 and is based in Perth, Australia.

Top 10:

Commodity Channel Index

Download
Company Close Change(%) Volume Value Signal
IFL Ioof Holdings 7.05 10.8 5,269,323 -62 BEARISH
PPS Praemium 0.56 7.7 3,228,178 -98 BEARISH
ISU Iselect 0.6 6.3 481,712 -126 BEARISH
DNA Donaco International 0.07 6.2 1,252,006 -109 BEARISH
ALK Alkane Exploration 0.84 5.7 4,299,502 -54 BEARISH
CGF Challenger Financial Services 7.55 5 3,934,220 -51 BEARISH
HFR Highfield Resources 0.73 5 141,985 -99 BEARISH
KGN Kogan 6.86 4.7 918,787 -87 BEARISH
VRL Village Roadshow 2.96 4.6 345,419 -25 BEARISH
PGC Paragon Care 0.46 4.5 692,508 -48 BEARISH