Objective Corporation

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 55 7.4 0.62% 1.31% 3.2% -3.4% 20.3%
SHORT 54 7.9 0.56% 0.97% 2.8% -3.3% -17.0%

Summary

Technical Analysis

Objective Corporation (OCL.AX)


Indicator:

COMMODITY CHANNEL INDEX


Last Signal:

BULLISH


Trading: HOLD @ $3.8
Signal Strength: MEDIUM
Recommendation:

Objective Corporation (ASX:OCL) current trading has maintained the Commodity Channel Index to oversold status and signalled the continuation of the bullish trading conditions. Currently, the CCI is 18. The bullish signal has been active for 0 day. During the quarter, the lowest CCI value was -141.


Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. 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: Objective Corporation (OCL.AX)


Stock Exchange: ASX
Company: Objective Corporation
Ticker Codes: | OCL.AX | ASX:OCL |

About Objective Corporation (ASX:OCL):

Objective Corporation Limited, together with its subsidiaries, provides information technology software and services in Australia, the United Kingdom, New Zealand, and internationally. Its products include objective enterprise content management that manages content, builds business processes, and empowers users to achieve desired outcomes; objective inform, which provides document management, records management, office 365, SharePoint governance, deployment options, reporting insights, and drawings management solutions; and objective perform, a streamline content-driven process that offers workflow designing, case management, anywhere access, transparency, accountability, and governance solutions. The company also offers objective connect, which creates secure and private workspace; objective keystone, including content management, collaborative authoring, review and verification, one click publishing, multichannel distribution, and stakeholder engagement solutions; and objective trapeze to transform the development application process. In addition, it provides professional, management, education, and technical support services, as well as engages in the capture, collaboration, and manipulation of large documents, complex drawings, maps, and plans. The company serves public sector, local government, healthcare, financial services, insurance, energy, and infrastructure industries. Objective Corporation Limited was founded in 1987 and is headquartered in North Sydney, Australia.

Top 10:

Commodity Channel Index

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