Summerset Holdings

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%

What indicators would you like to backtest?

Trading Performance

Commodity Channel Index

Score

0.3

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 39 9.0 0.67% 1.44% 1.7% -1.9% 10.2%
SHORT 39 11.2 0.56% 1.10% 2.9% -3.1% 1.1%

Summary

Technical Analysis

Summerset Holdings (SNZ.AX)


Indicator:

COMMOIDITY CHANNEL INDEX


Last Signal:

BEARISH


Trading: SELL @ $5.34
Signal Strength: MEDIUM
Recommendation:

Summerset Holdings (ASX:SNZ) current trading has maintained the Commodity Channel Index to overbought status and signalled the continuation of the bearish trading conditions. Currently, the CCI is -63. The bearish signal has been active for 30 days. During the quarter, the highest CCI value was 125.


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: Summerset Holdings (SNZ.AX)


Stock Exchange: ASX
Company: Summerset Holdings
Ticker Codes: | SNZ.AX | ASX:SNZ |

About Summerset Holdings (ASX:SNZ):

Summerset Group Holdings Limited, together with its subsidiaries, builds, owns, and operates integrated retirement villages in New Zealand. The company provides various independent living options, including villas, townhouses, and apartments. It also offers support services, such as housekeeping, cleaning, daily newspaper delivery, personal laundry, ironing, and bed linen services; on-demand services, including companionship visits, personal shopping, home and spring-cleaning, car washing and grooming, WOF and service checks, and help walking or minding pets; and food services to residents comprising fresh cooked meals delivery to door. In addition, the company provides in-home care services, support services in apartments, and on-site care center services. As of September 14, 2017, it operated 22 retirement villages; and provided living options and care services to approximately 4,400 residents. Summerset Group Holdings Limited was founded in 1994 and is headquartered in Wellington, New Zealand.

Top 10:

Commodity Channel Index

Download
Company Close Change(%) Volume Value Signal
CAJ Capitol Health 0.25 8.9 909,320 -35 BEARISH
PPS Praemium 0.4 5.3 3,618,811 -89 BEARISH
ABC Adelaide Brighton 3.94 5.1 2,818,755 -34 BEARISH
IPL Incitec Pivot 3.39 4.6 9,305,882 -38 BEARISH
EVO Evolve Education 0.12 4.3 4,267,603 -89 BEARISH
AKP Audio Pixels Holdings 20 3.9 3,297 -35 BEARISH
JHX James Hardie Industries 18.5 3.8 2,115,262 -72 BEARISH
AJX Alexium International 0.15 3.6 180,184 -50 BEARISH
IRD Iron Road 0.06 3.4 10,000 -42 BEARISH
GCY Gascoyne Resources 0.04 2.6 611,112 -58 BEARISH