[BEARISH]: Aurizon Holdings currently has a confirmed downtrend. Recent trading has caused the SWMA 15 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SWMA15 is -3.1%.
A Sine wave is a smooth repetitive oscillation that shifts between a high of y and a low of -y. A SW-MA takes its weighting from the first half of a Sine wave cycle so the largest weighting is given to the data in the middle. The result is very similar to the Triangular Moving Average (Tri-MA) but much more difficult to calculate.
Calculation: Sine Weighted Moving Average (SWMA):
4) S2:=Sin(2*180/6)*Ref(C -1);
5) S3:=Sin(3*180/6)*Ref(C -2);
6) S4:=Sin(4*180/6)*Ref(C -3);
7) S5:=Sin(5*180/6)*Ref(C -4);
PROFILE: Aurizon Holdings (AZJ.AX)
Stock Exchange: ASX
Company: Aurizon Holdings
Ticker Codes: | AZJ.AX | ASX:AZJ |
Aurizon Holdings Limited, through its subsidiaries, operates an integrated heavy haul freight railway operator in Australia. It transports various commodities, such as mining, agricultural, industrial, and retail products; and retail goods and groceries across small and big towns and cities, as well as coal and iron ore. The company also operates and manages the Central Queensland Coal Network that consists of 2,670 kilometers of track network; and provides various specialist services in rail design, engineering, construction, management, and maintenance, as well as offers supply chain solutions. In addition, it transports bulk freight for miners, primary producers, and the manufacturing industry. The company was formerly known as QR National Limited and changed its name to Aurizon Holdings Limited in December 2012. Aurizon Holdings Limited is based in Fortitude Valley, Australia.
Sine Weighted Moving AverageDownload
|RCR RCR Tomlinson||1.13||5.1||1,860,447||0.1||BULLISH CROSSOVER|
|OSP Osprey Medical||0.23||4.7||178,517||1.9||BULLISH CROSSOVER|
|OFX Ozforex||2.09||4||720,006||0.7||BULLISH CROSSOVER|
|FBU Fletcher Building||5.85||2.8||968,761||2.5||BULLISH CROSSOVER|
|HUB Hub24||12.9||2.6||121,943||0.8||BULLISH CROSSOVER|
|CWP Cedar Woods Properties||6.2||2.6||124,837||1||BULLISH CROSSOVER|
|ARF Arena Reit||2.43||2.5||300,060||0.8||BULLISH CROSSOVER|
|GCS Global Construction Services||0.65||2.4||987,082||0.3||BULLISH CROSSOVER|
|GTN GTN Resources||1.95||2.1||89,087,065||0||BULLISH CROSSOVER|
|NZK New Zealand King Salmon Investments||2.49||2||874||1.6||BULLISH CROSSOVER|