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

Elder Ray Index

Score

1.1

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 50 11.2 0.66% 1.74% 3.6% -3.6% 49.3%
SHORT 50 5.3 0.50% 1.00% 2.9% -2.2% 16.6%

Summary

Technical Analysis

Whitehaven Coal (WHC.AX)


Indicator:

ELDER RAY INDEX


Last Signal:

BEARISH


Trading: SELL @ $3.83
Signal Strength: MEDIUM
Recommendation:

Volatility indicators highlight potential moves of a stock which can either move sharply in the updwards or downwards direction. This indicator allows stocks to be compared on a level playing field to highlight high and low volatility. Normally, falling markets are more likely to be volatile than a rising markets due to the emotion that gets tied to trading. Use volatility indicators in conjunction with other indicators to reduce exposure to false moves.


Whitehaven Coal (ASX:WHC) Elder Ray Index is signalling a Bearish movement



A technical indicator developed by Alexander Elder that measures the amount of buying and selling pressure in the market. This indicator consists of two separate indicators known as bull power and bear power. These figures allow a trader to determine the position of the price relative to a certain exponential moving average (EMA).

Calculation: Elder Ray Index (ERI):
1) Bull Power = Daily High - n-period EMA;
2) Bear Power = Daily Low - n-period EMA;


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:

Elder Ray Index

Download
Company Close Change(%) Volume Value Signal
EWC Energy World Corporation 0.07 15 2,437,137 0 BULLISH
PPS Praemium 0.41 9.3 3,235,337 0.03 BULLISH
EDE Eden Energy 0.03 7.1 1,425,845 0.29 BULLISH
NAN Nanosonics 4.93 6.7 1,283,636 0.01 BULLISH
DWS DWS 1.13 6.6 119,422 0.05 BULLISH
VGL Volante 5.8 6.4 1,417 0.26 BULLISH
WGX Westgold Resources 1.69 6.3 616,095 0.04 BULLISH
NST Northern Star Resources 10.54 5.6 3,773,663 0.28 BULLISH
SAR Saracen Mineral 3.66 5.5 4,153,957 0.01 BULLISH
NZM Nzme 0.49 5.4 65,620 0.05 BULLISH