Viva Energy Reit

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

0.4

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 27 12.1 0.67% 1.38% 2.0% -1.6% 15.6%
SHORT 28 16.7 0.64% 1.38% 1.2% -1.9% -3.2%

Summary

Technical Analysis

Viva Energy Reit (VVR.AX)


Indicator:

COMMOIDITY CHANNEL INDEX


Last Signal:

BEARISH


Trading: SELL @ $2.61
Signal Strength: MEDIUM
Recommendation:

Viva Energy Reit (ASX:VVR) current trading has maintained the Commodity Channel Index to overbought status and signalled the continuation of the bearish trading conditions. Currently, the CCI is -68. The bearish signal has been active for 15 days. During the quarter, the highest CCI value was 41.


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: Viva Energy Reit (VVR.AX)


Stock Exchange: ASX
Company: Viva Energy Reit
Ticker Codes: | VVR.AX | ASX:VVR |

About Viva Energy Reit (ASX:VVR):

Viva Energy REIT was established in August 2016 as the owner of an initial portfolio of 425 service station sites located across Australia; since this time the property portfolio has increased to 437 sites via the acquisition of additional properties. Viva Energy REIT is Australia's largest listed REIT owning solely service station properties with a high quality portfolio of service stations across all Australian States and Territories.

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Commodity Channel Index

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ALK Alkane Exploration 0.42 6.4 713,328 -15 BEARISH
CUV Clinuvel Pharmaceuticals 32.81 5.2 256,141 -62 BEARISH
SHM Shriro 0.57 3.6 24,015 -10 BEARISH
CVC CVC 2.45 3.4 5,442 -43 BEARISH
PLS Pilbara Minerals 0.49 3.2 6,956,756 -67 BEARISH
PNR Pacific Niugini Minerals 0.17 3.1 5,342,397 -36 BEARISH
AWC Alumina 2.31 3.1 13,808,441 -38 BEARISH
CAT Catuity 1.08 2.9 252,996 -99 BEARISH