Momentum measures the rate of change in closing prices and is used to detect trend weakness and likely reversal points. It is often underrated because of its simplicity. High Momentum readings (positive or negative) occur when a trend is at its strongest. Lower readings are found at the start and end of trends. Overbought and oversold levels are set separately for each security based on the performance of the indicator over past cycles.
Calculation: Momentum Oscillator (MOM):
1) Closing Price [today] - Closing Price [n days ago];
PROFILE: Advance Healthcare (AHG.AX)
Stock Exchange: ASX
Company: Advance Healthcare
Ticker Codes: | AHG.AX | ASX:AHG |
Automotive Holdings Group Limited engages in the automotive retail and logistics businesses. The company operates through Automotive Retail, Refrigerated Logistics, Other Logistics, and Property segments. It sells new and used vehicles, and aftermarket products; and offers finance and insurance, as well as vehicle services. The company offers passenger vehicles of various brands, such as Alfa Romeo, Audi, Bentley, Chrysler, CitroÙn, Dodge, Fiat, Ford, FPV, Holden, HSV, Hyundai, Infiniti, Isuzu UTE, Jaguar, Jeep, Kia, Land Rover, Mazda, Mercedes-Benz, Mitsubishi, Nissan, Peugeot, Porsche, Sk÷da, Subaru, Suzuki, Toyota, and Volkswagen; and trucks and commercial vehicles under the brands of Fiat Professional, Freightliner, Fuso, Higer, Hino, Iveco, LDV, Mercedes-Benz, Mercedes-Benz Vans, Rosa, Volkswagen Commercial, and Yutong. It is also involved in the temperature-controlled long haul transport, cold storage, and refrigerated distribution business, as well as operates a fleet of modern equipment. In addition, the company provides warehousing and distribution of automotive parts and accessories; imports and distributes KTM and Husqvarna range of motorcycles; and provides vehicle storage and engineering services to the trucking industry, as well as truck body building services. Further, it is involved in direct property interests in land and buildings. The company operates 180 motor vehicle franchises at 111 dealership locations in Australia and New Zealand. Automotive Holdings Group Limited was founded in 1952 and is headquartered in West Perth, Australia.
|MTO Moto Goldmines||2.6||8.3||43,680||-0.76||BEARISH|
|SMX Sms Management & Technology||0.26||8.3||240,688||-0.8||BEARISH|
|CCP Credit Corp||19.99||6||515,529||-2.27||BEARISH|
|CCV Cash Converters International||0.28||5.8||647,158||-0.05||BEARISH|
|SMN Structural Monitoring Systems||1.1||5.8||33,656||-0.05||BEARISH|
|MLX Metals X||0.49||5.4||1,505,780||-0.1||BEARISH|
|GNG GR Engineering Services||1.31||4.8||25,920||-0.1||BEARISH|
|HFR Highfield Resources||0.57||4.6||39,786||-0.06||BEARISH|