Trading indicator
Commodity Channel IndexBacktest 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% |
Company
Indicator
| Code | Company | Date | Close | Change | Indicator | Value | Signal |
|---|
Trading Performance
Commodity Channel Index
Score
0.45
| Position | Trades | Duration | Win Rate | Win/Loss | Avg Win | Avg Loss | Return |
|---|---|---|---|---|---|---|---|
| LONG | 26 | 17.0 | 0.42% | 0.73% | 3.2% | -1.5% | 12.9% |
| SHORT | 26 | 12.9 | 0.50% | 1.00% | 2.2% | -2.1% | 1.6% |
Summary
Technical Analysis
Hometrust Bancshares (HTBI)
Indicator:
COMMODITY CHANNEL INDEX
Last Signal:
BULLISH CROSSOVER
Trading: BUY @ $25.55
Signal Strength: STRONG
Recommendation:
Hometrust Bancshares (NASDAQ:HTBI) current price has driven Commodity Channel Index to become oversold signalling the start of bullish trading conditions. Currently, the CCI is 40. During the quarter, the lowest CCI value was -88. The last oversold signal occurred on Jun 24 2019
A bullish crossover has been confirmed due the last trading session with is a strong indication of a diretional change. This 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: Hometrust Bancshares (HTBI)
Stock Exchange: NASDAQ
Company: Hometrust Bancshares
Ticker Codes: | HTBI | NASDAQ:HTBI |
HomeTrust Bancshares, Inc. operates as the bank holding company for HomeTrust Bank that provides a range of retail and commercial banking products. Its deposit products consist of savings, money market, and demand accounts, as well as certificates of deposit for individuals, businesses, and nonprofit organizations. The company's loan portfolio comprises retail consumer loans, such as one-to-four-family residential property lending, home equity lines of credit, construction and land/lots, indirect auto finance, and consumer lending; and commercial loans, including commercial real estate lending, construction and development lending, and commercial and industrial loans. It also provides ground and equipment lease financing to fire departments. As of June 30, 2017, the company operated 42 offices in North Carolina, Upstate South Carolina, East Tennessee, and Southwest Virginia. HomeTrust Bancshares, Inc. was founded in 1926 and is headquartered in Asheville, North Carolina.
Top 10:
Commodity Channel Index
| Company | Close | Change(%) | Volume | Value | Signal |
|---|---|---|---|---|---|
| NYNY Empire Resorts Inc | 9.68 | 14.6 | 187,517 | 27 | BULLISH CROSSOVER |
| NVDA Nvidia Corporation | 170.94 | 7.1 | 17,914,275 | 43 | BULLISH CROSSOVER |
| ACIU AC Immune | 5.73 | 6.9 | 146,621 | 92 | BULLISH CROSSOVER |
| BLDP Ballard Power Systems | 4.5 | 4.9 | 860,349 | 69 | BULLISH CROSSOVER |
| PLAB Photronics Inc | 9.32 | 4.5 | 408,225 | 2 | BULLISH CROSSOVER |
| ARCB Arcbest Corp | 29.52 | 3.9 | 257,556 | 131 | BULLISH CROSSOVER |
| FARO Faro Tech Inc | 52.04 | 3.8 | 85,688 | 49 | BULLISH CROSSOVER |
| MU Micron Technology | 45.14 | 3.7 | 19,840,041 | 24 | BULLISH CROSSOVER |
| KLAC KLA-Tencor Corporation | 140.36 | 3.1 | 1,689,028 | 81 | BULLISH CROSSOVER |
| FLIC First Of Long Isla | 22.25 | 3.1 | 90,195 | 131 | BULLISH CROSSOVER |