|Position||Trades||Duration||Win rate||Win/loss||Avg win||Avg loss||Return|
|Position||Trades||Duration||Win Rate||Win/Loss||Avg Win||Avg Loss||Return|
Spark Infrastructure (SKI.AX)
Trading: HOLD @ $2.48
Signal Strength: STRONG
Indicator is best used in conjunction with additional indicators as it has the ability to highlight potential overbought or oversold levels. This indicator utilizes upper and lower bands to visually represent price extremes associated with the bands. Additional value can be added to the trading strategy by accessing divergences between price and volume.
Spark Infrastructure (ASX:SKI) is currently bullish highlighting the potential for a short term trend continuation in the upward direction.
The Donchian channel is a useful indicator for seeing the volatility of a market price. If a price is stable the Donchian channel will be relatively narrow. If the price fluctuates a lot the Donchian channel will be wider. The two outer bands are plotted as the highest high and lowest low for a set period originally 20 days with the optional middle band calculated as the average of the two.
Calculation: Donchian Channels:
1) Upper Channel = 20 Day High;
2) Lower Channel = 20 Day Low;
3) Middle Channel = (20 Day High + 20 Day Low)/2;
PROFILE: Spark Infrastructure (SKI.AX)
Stock Exchange: ASX
Company: Spark Infrastructure
Ticker Codes: | SKI.AX | 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.
|NST Northern Star Resources||10.54||5.6||3,773,663||50||BULLISH|
|SAR Saracen Mineral||3.66||5.5||4,153,957||44.74||BULLISH|
|PRU Perseus Mining||0.5||5.3||6,327,147||50||BULLISH|
|CIA Champion Iron||3.24||4.9||531,475||40.91||BULLISH|
|EVN Evolution Mining||4.13||4.8||11,519,500||42.19||BULLISH|