Whitehaven Coal (WHC)

Download button icon Download

Whitehaven Coal (WHC): Signals

No data currently available.

data-ad-format="auto">

Explore Compare Share

TECHNICAL ANALYSIS SUMMARY

Whitehaven Coal (WHC.AX)


Indicator:

COMMODITY CHANNEL INDEX


Last Signal:

BULLISH


Trading: HOLD @ $5.56
Signal Strength: MEDIUM
Recommendation:

Whitehaven Coal (ASX:WHC) current trading has maintained the Commodity Channel Index to oversold status and signalled the continuation of the bullish trading conditions. Currently, the CCI is 17. The bullish signal has been active for 0 day. During the quarter, the lowest CCI value was -54.


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: 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:

Commodity Channel Index

Download button icon Download
Company Close Change (%) Volume Value Signal
EDE Eden Energy 0.11 18.3 18,226,541 127 BULLISH
SMX Sms Management & Technology 0.26 8.3 240,688 3 BULLISH
VOC Vocus Communications 3.4 5.6 6,543,793 128 BULLISH
CGL The Citadel 8.8 4.8 86,922 127 BULLISH
FMG Fortescue Metals 3.97 4.5 17,327,462 62 BULLISH
COE Cooper Energy 0.49 4.3 2,132,013 170 BULLISH
TZN Terramin Australia 0.12 4.3 139,651 109 BULLISH
FLN Freelancer 0.62 4.2 319,263 180 BULLISH
CGF Challenger Financial Services 11.51 4 2,590,109 200 BULLISH
AQG Alacer Gold Corp 2.43 2.5 47,469 67 BULLISH
back to top