[BEARISH]: Av Jennings Homes currently has a confirmed downtrend. Price is currently below the displaced moving average for AVJ Currently, the return on DPO20 is 0.0%.
The Detrended Price Oscillator (DPO) is an indicator designed to remove trend from price and make it easier to identify cycles. DPO does not extend to the last date because it is based on a displaced moving average. However alignment with the most recent is not an issue because DPO is not a momentum oscillator. Instead DPO is used to identify cycle’s highs/lows and estimate cycle length.
Calculation: Detrended Price Oscillator (DPO):
1) Price (X/2 + 1) periods ago minus X-period simple moving average.
Where X is the number of periods;
PROFILE: Av Jennings Homes (AVJ.AX)
Stock Exchange: ASX
Company: Av Jennings Homes
Ticker Codes: | AVJ.AX | ASX:AVJ |
AVJennings Limited engages in the development of residential properties in Australia. It is involved in land and apartment development, and integrated housing activities. The company was founded in 1932 and is based in Hawthorn, Australia. AVJennings Limited is a subsidiary of SC Global Developments Pte Ltd.
Detrended Price OscillatorDownload
|MSB Mesoblast||1.87||5.1||2,118,857||0.05||BULLISH CROSSOVER|
|HPI Hotel Property Investments||3.22||1.9||170,175||0.09||BULLISH CROSSOVER|
|DJW Djerriwarth Investments||3.35||0.9||78,506||0.03||BULLISH CROSSOVER|
|AMH Amcil||0.93||0.5||53,995||0.01||BULLISH CROSSOVER|
|GNG GR Engineering Services||1.4||0.4||9,248||0.04||BULLISH CROSSOVER|
|SYR Syrah Resources||2.34||0.4||2,026,039||0.05||BULLISH CROSSOVER|
|ONE Oneview Healthcare||1.46||0||5,000||0.06||BULLISH CROSSOVER|
|PNC Pioneer Credit||3.48||0||98,010||0.03||BULLISH CROSSOVER|
|FLK Folkestone||1.38||0||48,751||0.02||BULLISH CROSSOVER|
|FND Finders Resources||0.23||0||0||0||BULLISH CROSSOVER|