Evolve Education

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

-0.1

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 38 9.8 0.50% 0.79% 5.1% -7.0% -70.1%
SHORT 37 11.3 0.65% 1.50% 10.0% -8.8% 99.9%

Summary

Technical Analysis

Evolve Education (EVO.AX)


Indicator:

COMMOIDITY CHANNEL INDEX


Last Signal:

BEARISH


Trading: SELL @ $0.155
Signal Strength: MEDIUM
Recommendation:

Evolve Education (ASX:EVO) current trading has maintained the Commodity Channel Index to overbought status and signalled the continuation of the bearish trading conditions. Currently, the CCI is -154. The bearish signal has been active for 9 days. During the quarter, the highest CCI value was 164.


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: Evolve Education (EVO.AX)


Stock Exchange: ASX
Company: Evolve Education
Ticker Codes: | EVO.AX | ASX:EVO |

About Evolve Education (ASX:EVO):

Evolve Education Group Limited provides early childhood education (ECE) services in New Zealand. The company operates in two segments, ECE Centres and Home-based ECE. The ECE Centres segment operates facilities that offer all day or part-day early childhood services. The Home-based ECE segment provides services to a small group of children in a home setting supported by a registered teacher coordinator. The company also provides management and training services. It operates approximately 120 center-based ECE facilities under the Lollipops, Porse, Active Explorers, Learning Adventures, Little Earth Montessori, Au Pair Link, Little Lights, Little Wonders, and Pascals brands. The company was founded in 2014 and is based in Auckland, New Zealand.

Top 10:

Commodity Channel Index

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Company Close Change(%) Volume Value Signal
ONE Oneview Healthcare 0.12 9.1 30,359 -38 BEARISH
VAH Virgin Australia Holdings 0.15 3.4 129,623 -19 BEARISH
NMT Neometals 0.19 2.7 184,530 -107 BEARISH
MLD Maca 1 2.6 372,845 -73 BEARISH
BKY Berkeley Resources 0.21 2.5 21,037 -65 BEARISH
ANG Austin Engineering 0.21 2.4 36,556 -145 BEARISH
TLG Talga Gold 0.45 2.3 64,246 -40 BEARISH
DCN Dacian Gold 1.45 2.1 1,581,302 -64 BEARISH
PMC Platinum Capital 1.64 1.9 142,730 -92 BEARISH
PRT Prime Television 0.17 1.9 89,392 -102 BEARISH