Freelancer

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

0.15

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 54 7.6 0.54% 0.91% 4.1% -4.2% -13.7%
SHORT 54 8.1 0.57% 1.19% 5.2% -4.9% 32.3%

Summary

Technical Analysis

Freelancer (FLN.AX)


Indicator:

COMMOIDITY CHANNEL INDEX


Last Signal:

BEARISH


Trading: SELL @ $0.31
Signal Strength: MEDIUM
Recommendation:

Freelancer (ASX:FLN) current trading has maintained the Commodity Channel Index to overbought status and signalled the continuation of the bearish trading conditions. Currently, the CCI is -19. The bearish signal has been active for 109 days. During the quarter, the highest CCI value was -12.


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: Freelancer (FLN.AX)


Stock Exchange: ASX
Company: Freelancer
Ticker Codes: | FLN.AX | ASX:FLN |

About Freelancer (ASX:FLN):

Freelancer Limited operates a freelancing and crowdsourcing marketplace in Australia. It operates through two segments, Online Marketplace and Online Payment Services. The company, through its marketplace, hires freelancers to do work in areas, such as software development, writing, data entry and design, engineering, sciences, sales and marketing, and accounting and legal services. It connects employers and freelancers from approximately 247 countries, regions, and territories. The company also provides escrow payment services. Freelancer Limited was founded in 2009 and is based in Sydney, Australia.

Top 10:

Commodity Channel Index

Download
Company Close Change(%) Volume Value Signal
BOC Bougainville Copper 0.25 47.1 51,977 -32 BEARISH
FBR Fastbrick Robotics 0.03 23.1 5,095,985 -38 BEARISH
SMX Sms Management & Technology 0.3 20 55,000 239 BEARISH
SRV Servcorp 2.23 9.3 47,633 -55 BEARISH
OMH OM Holdings 0.32 8.6 87,908 -71 BEARISH
REX Regional Express 0.67 8.1 131,146 213 BEARISH
MXI Maxitra Industries 0.15 7.1 261,624 -50 BEARISH
PPC Peet & Company 0.83 6.5 53,181 -62 BEARISH
MWY Midway 1 6.4 30,045 120 BEARISH
TBR Tribune Resources 5.1 6.3 19,175 -81 BEARISH