|Position||Trades||Duration||Win rate||Win/loss||Avg win||Avg loss||Return|
|Position||Trades||Duration||Win Rate||Win/Loss||Avg Win||Avg Loss||Return|
ERM Power (EPW.AX)
COMMODITY CHANNEL INDEX
Trading: HOLD @ $1.915
Signal Strength: MEDIUM
ERM Power (ASX:EPW) current trading has maintained the Commodity Channel Index to oversold status and signalled the continuation of the bullish trading conditions. Currently, the CCI is 103. The bullish signal has been active for 0 day. During the quarter, the lowest CCI value was -174.
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: ERM Power (EPW.AX)
Stock Exchange: ASX
Company: ERM Power
Ticker Codes: | EPW.AX | 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.
|PRU Perseus Mining||0.61||21||11,469,507||295||BULLISH|
|NST Northern Star Resources||11.69||9.3||7,110,929||234||BULLISH|
|CII Ci Resources||1.5||8.7||25,410||282||BULLISH|
|APD Apn Property||0.51||8.6||192,400||427||BULLISH|
|AGG Anglogold Ashanti||4.87||8||18,113||120||BULLISH|
|EVN Evolution Mining||4.39||7.1||18,630,358||178||BULLISH|
|SLR Silver Lake Resources||1.13||6.6||8,288,727||245||BULLISH|
|RRL Regis Resources||4.93||5.8||5,277,394||134||BULLISH|