Spark Infrastructure

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

0.6

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 58 7.1 0.60% 1.35% 1.6% -2.1% 4.0%
SHORT 59 7.3 0.58% 1.26% 2.2% -1.9% 22.0%

Summary

Technical Analysis

Spark Infrastructure (SKI.AX)


Indicator:

COMMODITY CHANNEL INDEX


Last Signal:

BULLISH


Trading: HOLD @ $2.34
Signal Strength: MEDIUM
Recommendation:

Spark Infrastructure (ASX:SKI) current trading has maintained the Commodity Channel Index to oversold status and signalled the continuation of the bullish trading conditions. Currently, the CCI is 132. The bullish signal has been active for 0 day. During the quarter, the lowest CCI value was -154.


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: Spark Infrastructure (SKI.AX)


Stock Exchange: ASX
Company: Spark Infrastructure
Ticker Codes: | SKI.AX | ASX:SKI |

About Spark Infrastructure (ASX:SKI):

Spark Infrastructure Group is a publicly owned investment manager. The firm invests in the regulated utility infrastructure markets across the globe. Spark Infrastructure Group is based in Sydney, Australia.

Top 10:

Commodity Channel Index

Download
Company Close Change(%) Volume Value Signal
ISX Isignthis 0.6 8.2 4,830,133 121 BEARISH
RAP Resapp Health 0.15 7.1 428,520 -62 BEARISH
EML Emerchants 2.55 6.3 2,216,677 221 BEARISH
ADH Adairs 2.06 5.6 1,149,442 183 BEARISH
BFC Beston Global Food 0.12 4.3 385,290 -16 BEARISH
ONE Oneview Healthcare 0.25 4.2 107,600 -36 BEARISH
IRD Iron Road 0.06 3.5 18,500 -54 BEARISH
BLX Beacon Lighting 1.2 3.4 140,762 152 BEARISH
CCV Cash Converters International 0.17 3 378,531 262 BEARISH
GOR Gold Road Resources 1.1 2.8 3,737,117 162 BEARISH