Autosports (ASG)

Download button icon Download

Autosports (ASG): Signals

No data currently available.

data-ad-format="auto">

Explore Compare Share

TECHNICAL ANALYSIS SUMMARY

Autosports (ASG.AX)


Indicator:

EXPONENTIAL MOVING AVERAGE


Last Signal:

BEARISH


Trading: SELL @ $1.35
Signal Strength: STRONG
Recommendation:

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has the ability to highlight trends across numerous timeframes. This indicator has the ability to smooth historical results to illustrate trend initiation and status. Although this is a simple trend following indicator & can provide good results when coupled with the right indicator. Note, this indicator does not work well in ranging markets producing unwanted whipsaws and false signals.


Autosports (ASX:ASG) currently has a confirmed downtrend. Recent trading has caused the EMA 15 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on EMA15 is -2.2%.



An exponential moving average (EMA) is a type of moving average that is similar to a simple moving average except that more weight is given to the latest data. It’s also known as the exponentially weighted moving average. This type of moving average reacts faster to recent price changes than a simple moving average.

Calculation: Exponential Moving Average:
1) Initial SMA: n period sum / n;
2) Multiplier: (2 / (Time periods + 1));
3) EMA: {Close – EMA (previous day)} x multiplier + EMA (previous day).


PROFILE: Autosports (ASG.AX)


Stock Exchange: ASX
Company: Autosports
Ticker Codes: | ASG.AX | ASX:ASG |

About Autosports (ASX:ASG):

Autosports Group Limited operates as a vehicle dealer in Australia. The company engages in the sale of new and used motor vehicles; distribution of finance and insurance products; sale of aftermarket products and spare parts; and provision of motor vehicle servicing and collision repair services. Autosports Group Limited was founded in 2016 and is based in Leichhardt, Australia.

Top 10:

Exponential Moving Average

Download button icon Download
Company Close Change (%) Volume Value Signal
AFA ASF 0.14 16.7 10,000 -1.8 BEARISH
KDR Kidman Resources 0.94 11.2 2,920,528 -3.9 BEARISH
BWX BWX 3.39 5.9 1,221,667 -5.5 BEARISH
CAB Cabcharge Australia 2.19 4.3 36,128 -1.4 BEARISH
GSC Global Geoscience 0.24 4.3 2,031,318 -10.2 BEARISH
SNZ Summerset Holdings 6.5 3.8 2,500 -2.5 BEARISH
FXJ Fairfax 0.7 3.7 23,573,711 -9.8 BEARISH
ASL Ausdrill 1.69 3.7 2,437,053 -2.1 BEARISH
SAS Sky And Space Global 0.06 3.6 1,816,590 -1.7 BEARISH
SDF Steadfast 2.68 3.5 2,209,554 -2.2 BEARISH
back to top