|Position||Trades||Duration||Win rate||Win/loss||Avg win||Avg loss||Return|
|Position||Trades||Duration||Win Rate||Win/Loss||Avg Win||Avg Loss||Return|
National Storage (NSR.AX)
COMMOIDITY CHANNEL INDEX
Trading: SELL @ $1.72
Signal Strength: MEDIUM
National Storage (ASX:NSR) current trading has maintained the Commodity Channel Index to overbought status and signalled the continuation of the bearish trading conditions. Currently, the CCI is -42. The bearish signal has been active for 16 days. During the quarter, the highest CCI value was 217.
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: National Storage (NSR.AX)
Stock Exchange: ASX
Company: National Storage
Ticker Codes: | NSR.AX | ASX:NSR |
National Storage is one of the largest self-storage providers in Australia and New Zealand, with 127 centres providing tailored storage solutions to over 40,000 residential and commercial customers across Australia and New Zealand. NSR is the first independent, internally managed and fully integrated owner and operator of self-storage centres to be listed on the Australian Securities Exchange (ASX).
|RAP Resapp Health||0.15||7.1||428,520||-62||BEARISH|
|BFC Beston Global Food||0.12||4.3||385,290||-16||BEARISH|
|ONE Oneview Healthcare||0.25||4.2||107,600||-36||BEARISH|
|IRD Iron Road||0.06||3.5||18,500||-54||BEARISH|
|BLX Beacon Lighting||1.2||3.4||140,762||152||BEARISH|
|CCV Cash Converters International||0.17||3||378,531||262||BEARISH|
|GOR Gold Road Resources||1.1||2.8||3,737,117||162||BEARISH|