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

0.25

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 65 6.9 0.49% 0.82% 2.9% -3.0% -24.4%
SHORT 65 6.1 0.62% 1.21% 3.7% -3.0% 49.5%

Summary

Technical Analysis

Nzme (NZM.AX)


Indicator:

COMMOIDITY CHANNEL INDEX


Last Signal:

BEARISH


Trading: SELL @ $0.39
Signal Strength: MEDIUM
Recommendation:

Nzme (ASX:NZM) current trading has maintained the Commodity Channel Index to overbought status and signalled the continuation of the bearish trading conditions. Currently, the CCI is -89. The bearish signal has been active for 41 days. During the quarter, the highest CCI value was 160.


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: Nzme (NZM.AX)


Stock Exchange: ASX
Company: Nzme
Ticker Codes: | NZM.AX | ASX:NZM |

About Nzme (ASX:NZM):

NZME Limited, together with its subsidiaries, operates as an integrated media and entertainment company in New Zealand. It is involved in the integrated print, radio, digital media, entertainment, advertising, and events activities, as well as e-commerce business. NZME Limited was formerly known as Wilson & Horton Limited. The company is based in Auckland, New Zealand. NZME Limited is a subsidiary of Australian Provincial Newspapers International Pty Limited.

Top 10:

Commodity Channel Index

Download
Company Close Change(%) Volume Value Signal
EVO Evolve Education 0.11 13.4 18,450,828 -203 BEARISH
HLO Helloworld 4.57 6.3 183,138 -93 BEARISH
NMT Neometals 0.19 5.7 132,523 -72 BEARISH
CUV Clinuvel Pharmaceuticals 24.96 4.9 217,923 -166 BEARISH
CHC Charter Hall 11.55 4.4 3,137,465 -221 BEARISH
AKP Audio Pixels Holdings 19.15 4.1 37,591 -103 BEARISH
OMH OM Holdings 0.53 3.9 482,176 -100 BEARISH
MYX Myx 0.53 3.9 5,273,758 -108 BEARISH
TNE Technology One 7.18 3.8 775,894 -112 BEARISH
CNU Chorus 4.9 3.6 628,838 -33 BEARISH