Select Harvests

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

-0.2

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 49 8.3 0.59% 1.26% 2.7% -2.3% 23.7%
SHORT 48 8.7 0.48% 0.88% 2.2% -3.3% -36.9%

Summary

Technical Analysis

Select Harvests (SHV.AX)


Indicator:

COMMOIDITY CHANNEL INDEX


Last Signal:

BEARISH


Trading: SELL @ $8.18
Signal Strength: MEDIUM
Recommendation:

Select Harvests (ASX:SHV) current trading has maintained the Commodity Channel Index to overbought status and signalled the continuation of the bearish trading conditions. Currently, the CCI is -105. The bearish signal has been active for 5 days. During the quarter, the highest CCI value was 348.


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: Select Harvests (SHV.AX)


Stock Exchange: ASX
Company: Select Harvests
Ticker Codes: | SHV.AX | ASX:SHV |

About Select Harvests (ASX:SHV):

Select Harvests Limited engages in the processing, packaging, marketing, and distribution of edible nuts, dried fruits, seeds, and a range of natural health foods in Australia. The company operates through Food Division and Almond Division segments. It also grows, processes, and sells almonds to the food industry from company owned almond orchards, as well as offers health snacks and muesli. The company has a portfolio of approximately 4,000 hectares of company owned, leased, and joint ventured almond orchards. In addition, it provides management services to external owners of almond orchards, including orchard development, tree supply, farm management, and land and irrigation infrastructure rental services; and markets and sells almonds on behalf of external investors. The company also exports its products to India and China, as well as rest of Asia, Europe, and the Middle East. It provides its products to retailers, distributors, and industrial users under the Lucky, Sunsol, NuVitality, and Soland brands in the retail markets, as well as Renshaw and Allinga Farms brands in the wholesale and industrial markets. The company is headquartered in Thomastown, Australia.

Top 10:

Commodity Channel Index

Download
Company Close Change(%) Volume Value Signal
ADA Adacel Technologies 0.84 25.4 837,160 185 BEARISH
VTG Vita 1.5 17.2 2,188,039 -32 BEARISH
OMH OM Holdings 0.48 9.1 115,969 138 BEARISH
CAT Catuity 2.12 8.2 378,234 -53 BEARISH
CDA Codan 8.49 7.1 1,047,595 115 BEARISH
NWH NRW 3.18 7.1 3,688,408 -73 BEARISH
AYS Amaysim Australia 0.34 6.3 179,377 149 BEARISH
ALK Alkane Exploration 1.04 5.1 5,657,983 -51 BEARISH
FLN Freelancer 0.43 3.7 207,554 135 BEARISH
FSA FSA 1.41 3.7 58,013 130 BEARISH