ERM Power

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%

What indicators would you like to backtest?

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 33 12.2 0.55% 1.20% 4.9% -4.2% 24.5%
SHORT 32 11.8 0.50% 1.00% 4.1% -3.9% 2.7%

Summary

Technical Analysis

ERM Power (EPW.AX)


Indicator:

COMMOIDITY CHANNEL INDEX


Last Signal:

BEARISH


Trading: SELL @ $1.73
Signal Strength: MEDIUM
Recommendation:

ERM Power (ASX:EPW) current trading has maintained the Commodity Channel Index to overbought status and signalled the continuation of the bearish trading conditions. Currently, the CCI is -107. The bearish signal has been active for 29 days. During the quarter, the highest CCI value was 281.


Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading exit. 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: ERM Power (EPW.AX)


Stock Exchange: ASX
Company: ERM Power
Ticker Codes: | EPW.AX | ASX:EPW |

About ERM Power (ASX:EPW):

ERM Power Limited, a diversified energy company, engages in electricity sales and electricity generation businesses in Australia and the United States. The company operates through Business Energy Australia, Business Energy US, Generation Assets, and Other segments. It operates 662 megawatts of low emission gas fired power stations in Western Australia and Queensland. The company is also involved in the gas, metering, data analytics, and lighting solutions business. It sells electricity to the commercial and industrial business customers. The company was founded in 1980 and is headquartered in Brisbane, Australia.

Top 10:

Commodity Channel Index

Download
Company Close Change(%) Volume Value Signal
CII Ci Resources 1.39 13 1,920 -12 BEARISH
BSL Bluescope Steel 12.04 7.7 7,695,033 -85 BEARISH
AYS Amaysim Australia 0.67 7.2 243,626 -131 BEARISH
EVO Evolve Education 0.11 6.1 299,435 -83 BEARISH
FNP Freedom Nutritional Products 4.28 5.7 259,461 -48 BEARISH
CDD Cardno 0.85 5.6 35,642 -83 BEARISH
NWH NRW 2.25 5.6 2,114,885 -6 BEARISH
MYX Myx 0.48 5.5 4,458,993 -67 BEARISH
PNV Polynovo 1.57 5.4 1,287,104 -53 BEARISH
FLN Freelancer 0.78 5.4 80,919 -67 BEARISH