|Position||Trades||Duration||Win rate||Win/loss||Avg win||Avg loss||Return|
|Position||Trades||Duration||Win Rate||Win/Loss||Avg Win||Avg Loss||Return|
Nine Entertainment (NEC.AX)
Trading: HOLD @ $1.93
Signal Strength: STRONG
Indicator is best used in conjunction with additional indicators as it has the ability to highlight potential overbought or oversold levels. This indicator utilizes upper and lower bands to visually represent price extremes associated with the bands. Additional value can be added to the trading strategy by accessing divergences between price and volume.
Nine Entertainment (ASX:NEC) is currently bullish highlighting the potential for a short term trend continuation in the upward direction.
The Donchian channel is a useful indicator for seeing the volatility of a market price. If a price is stable the Donchian channel will be relatively narrow. If the price fluctuates a lot the Donchian channel will be wider. The two outer bands are plotted as the highest high and lowest low for a set period originally 20 days with the optional middle band calculated as the average of the two.
Calculation: Donchian Channels:
1) Upper Channel = 20 Day High;
2) Lower Channel = 20 Day Low;
3) Middle Channel = (20 Day High + 20 Day Low)/2;
PROFILE: Nine Entertainment (NEC.AX)
Stock Exchange: ASX
Company: Nine Entertainment
Ticker Codes: | NEC.AX | ASX:NEC |
Nine Entertainment Co. Holdings Limited engages in television broadcasting and program production businesses in Australia. It operates through Television and Digital segments. The company is involved in creation and distribution of content; and digital, internet, subscription television, other media sectors, and free to air television activities. It also sells advertising products; and provides advertising solutions. The company offers its services under the Nine Network Television brand name that includes Channel 9 and 9HD, as well as 9Go!, 9Gem, 9Life, and 9NOW. It also provides its services under Nine digital brand that comprises nine.com.au network, an online source of news, sport, entertainment, and lifestyle content; and 9Honey for women. Nine Entertainment Co. Holdings Limited was founded in 1956 and is based in Willoughby, Australia.
|CGS Cogstate||0.55||11.1||151,778||21.43||BULLISH CROSSOVER|
|BLX Beacon Lighting||1.17||2.2||18,222||3.85||BULLISH CROSSOVER|
|CNI Centuria Capital||2.29||2.2||145,549||3.85||BULLISH CROSSOVER|
|OSH Oil Search||7.94||2.1||3,463,435||19.7||BULLISH CROSSOVER|
|WTC Wisetech Global||24.54||2||519,103||21.43||BULLISH CROSSOVER|
|TGR Tassal||4.35||1.9||502,919||25||BULLISH CROSSOVER|
|GXY Galaxy Resources||1.16||1.8||6,520,299||42.54||BULLISH CROSSOVER|
|BLD Boral||4.85||1.7||4,352,026||13.79||BULLISH CROSSOVER|
|IPH Ipoh||8.7||1.5||309,817||4.55||BULLISH CROSSOVER|
|WES Wesfarmers||43.9||1.4||1,388,923||2.54||BULLISH CROSSOVER|