Stockland

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

0.45

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 61 7.6 0.57% 1.21% 1.6% -1.6% 11.5%
SHORT 61 6.3 0.52% 1.10% 1.8% -1.7% 7.6%

Summary

Technical Analysis

Stockland (SGP.AX)


Indicator:

COMMODITY CHANNEL INDEX


Last Signal:

BULLISH CROSSOVER


Trading: BUY @ $4.98
Signal Strength: STRONG
Recommendation:

Stockland (ASX:SGP) current price has driven Commodity Channel Index to become oversold signalling the start of bullish trading conditions. Currently, the CCI is 15. During the quarter, the lowest CCI value was -128. The last oversold signal occurred on Dec 5 2019


A bullish crossover has been confirmed due the last trading session with is a strong indication of a diretional change. This 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: Stockland (SGP.AX)


Stock Exchange: ASX
Company: Stockland
Ticker Codes: | SGP.AX | ASX:SGP |

About Stockland (ASX:SGP):

Stockland (ASX: SGP) was founded in 1952 and has grown to become Australia's largest diversified property group ? owning, developing and managing a large portfolio of shopping centres, residential communities, logistic centres, business parks, office assets and retirement living villages. Stockland is rated as one of the most sustainable real estate companies in the world by the Dow Jones Sustainability World Index (DJSI). Stockland is also an Employer of Choice for Gender Equality, as recognised by the Workplace Gender Equality Agency.

Top 10:

Commodity Channel Index

Download
Company Close Change(%) Volume Value Signal
AFL ASX 50 0.18 9.4 520,350 99 BULLISH CROSSOVER
LNG Liquefied Natural Gas 0.21 5.1 2,729,105 32 BULLISH CROSSOVER
HSN Hansen Technologies 3.54 4.4 1,363,425 73 BULLISH CROSSOVER
OMH OM Holdings 0.51 3.1 142,664 31 BULLISH CROSSOVER
ONT 1300 Smiles 6.34 2.3 1,400 177 BULLISH CROSSOVER
MPL Medibank Private 3.21 2.2 12,768,181 23 BULLISH CROSSOVER
AIA Auckland International Airport 8.62 2 48,807 43 BULLISH CROSSOVER
SST Steamships Trading Company 13.25 1.9 2,342 653 BULLISH CROSSOVER
GOW Gowing Bros 2.27 1.8 9,735 23 BULLISH CROSSOVER
IAG Insurance Australia 7.85 1.6 3,021,545 6 BULLISH CROSSOVER