Whitehaven Coal

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

Basic Candlestick

Score

0.3

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 112 4.3 0.49% 0.83% 2.8% -1.7% 40.0%
SHORT 110 4.2 0.42% 0.67% 2.4% -1.8% -10.8%

Summary

Technical Analysis

Whitehaven Coal (WHC.AX)


Indicator:

WHITE CANDLE


Last Signal:

BULLISH


Trading: BUY @ $4.12
Signal Strength: WEAK
Recommendation:

Indicator MUST BE USED in additional to another technical indicator to confirmation for trading position. Indicator can be applied to the short term timeframe but is only able to give and indication of the strength of the buyers versus sellers at the market close. This Japanese candlestick indicator can provide guidance on the short term battle between sellers and buyers from the companies recent trading.


Whitehaven Coal (ASX:WHC) has formed a White candlestick. Normal buying pressure highlighting buyers were in control.



This candlestick implies normal buying pressure and shows that prices advanced during the day from open to close and the buyers were in control.

Calculation: White Candlestick Pattern:
1) The body of the candlestick is white with normal length;


PROFILE: Whitehaven Coal (WHC.AX)


Stock Exchange: ASX
Company: Whitehaven Coal
Ticker Codes: | WHC.AX | ASX:WHC |

About Whitehaven Coal (ASX:WHC):

Whitehaven Coal Limited develops and operates coal mines in New South Wales. The company operates through Open Cut Operations and Underground Operations segments. It operates five mines in North West New South Wales; four open cut mines at Maules Creek, Werris Creek, Tarrawonga, and Rocglen; and one underground mine at Narrabri. The company offers thermal coal and metallurgical coal used in the production of steel. As of August 17, 2017, it had approximately 974 million tons of recoverable coal reserves; and 862 million tons of marketable coal reserves. The company sells its coal primarily in Japan, Taiwan, India, Korea, China, Chile, Malaysia, Vietnam, Noumea, Indonesia, Australia, and Mexico. Whitehaven Coal Limited was founded in 1999 and is headquartered in Sydney, Australia.

Top 10:

Basic Candlestick

Download
Company Close Change(%) Volume Value Signal
BEE Broo 0.03 21.7 83,994 1 BULLISH
ATL ASX 20 0.65 9.2 415,156 1 BULLISH
DNA Donaco International 0.08 9.2 4,579,010 1 BULLISH
ISX Isignthis 0.6 8.2 4,830,133 1 BULLISH
BNO Bionomics 0.15 7.4 680,092 0 BULLISH
HFR Highfield Resources 0.74 7.3 38,107 0 BULLISH
EZL Euroz 1.21 7.1 86,825 0 BULLISH
RAP Resapp Health 0.15 7.1 428,520 1 BULLISH
EML Emerchants 2.55 6.3 2,216,677 0 BULLISH
ADH Adairs 2.06 5.6 1,149,442 0 BULLISH