REA Group

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%

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Trading Performance

Commodity Channel Index

Score

-0.1

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 56 7.2 0.54% 1.15% 2.3% -2.2% 11.9%
SHORT 56 7.9 0.45% 0.81% 2.2% -2.3% -18.1%

Summary

Technical Analysis

REA Group (REA.AX)


Indicator:

COMMODITY CHANNEL INDEX


Last Signal:

BULLISH


Trading: HOLD @ $95.43
Signal Strength: MEDIUM
Recommendation:

REA Group (ASX:REA) current trading has maintained the Commodity Channel Index to oversold status and signalled the continuation of the bullish trading conditions. Currently, the CCI is 157. The bullish signal has been active for 0 day. During the quarter, the lowest CCI value was -77.


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: REA Group (REA.AX)


Stock Exchange: ASX
Company: REA Group
Ticker Codes: | REA.AX | ASX:REA |

About REA Group (ASX:REA):

REA Group Limited provides advertising services to the real estate industry in Australia and Asia. It advertises property and property-related services on Websites and mobile apps. The company operates Australian residential, commercial, and share property sites, such as realestate.com.au, realcommercial.com.au, and Flatmates.com.au; Chinese property site myfun.com; and various property portals in Asia. It also provides advertising services to the real estate industry. The company was formerly known as realestate.com.au Ltd. and changed its name to REA Group Limited in December 2008. REA Group Limited was founded in 1995 and is headquartered in Richmond, Australia. REA Group Limited is a subsidiary of News Limited.

Top 10:

Commodity Channel Index

Download
Company Close Change(%) Volume Value Signal
EWC Energy World Corporation 0.08 10.8 945,847 316 BULLISH
PNV Polynovo 1.4 9.8 3,261,201 142 BULLISH
GGG Greenland Minerals 0.14 8 2,362,420 82 BULLISH
CLQ Clean Teq Holdings 0.32 6.7 1,263,824 105 BULLISH
NAN Nanosonics 5.6 5.7 3,678,008 250 BULLISH
SFR Sandfire Resources 6.67 5.5 1,218,623 121 BULLISH
MVF Monash IVF 1.46 5.4 1,302,784 141 BULLISH
BSA Broadcast Services Australia 0.3 5.3 140,508 306 BULLISH
OMH OM Holdings 0.91 5.2 125,747 100 BULLISH
MAH Macmahon 0.21 5.1 1,402,377 105 BULLISH