Challenger Financial Services (CGF)

Download button icon Download

Challenger Financial Services (CGF): Signals

No data currently available.

data-ad-format="auto">

Explore Compare Share

TECHNICAL ANALYSIS SUMMARY

Challenger Financial Services (CGF.AX)


Indicator:

EXPONENTIAL MOVING AVERAGE


Last Signal:

BULLISH


Trading: BUY @ $11.57
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.


Challenger Financial Services (ASX:CGF) currently has a confirmed uptrend. Recent trading has caused the EMA 15 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on EMA15 is 0.5%.



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: Challenger Financial Services (CGF.AX)


Stock Exchange: ASX
Company: Challenger Financial Services
Ticker Codes: | CGF.AX | ASX:CGF |

About Challenger Financial Services (ASX:CGF):

Challenger Limited is a publicly owned investment manager. The company also provides retirement services to its clients. It manages equity mutual funds. The firm invests into the public equity markets. Challenger Limited was founded in 1985 and is based in Australia, Asia and United Kingdom.

Top 10:

Exponential Moving Average

Download button icon Download
Company Close Change (%) Volume Value Signal
MUA Mitula 0.63 10.5 388,518 -3.7 BEARISH
AJX Alexium International 0.13 8.7 366,831 -3.8 BEARISH
SMX Sms Management & Technology 0.4 6.8 968,081 -1.6 BEARISH
AKP Audio Pixels Holdings 12.51 5.9 24,831 -0.7 BEARISH
EMH European Metals Holdings 0.42 5 113,806 -5.3 BEARISH
BAL Bellamys Australia 8.49 4.7 1,811,268 -10.4 BEARISH
FIG Freedom Insurance 0.09 4.6 311,520 -8.5 BEARISH
KGN Kogan 5.02 4.4 874,773 -6 BEARISH
MAH Macmahon 0.25 4.2 1,998,908 -3.2 BEARISH
AYS Amaysim Australia 1.15 4.1 812,701 -3.3 BEARISH
back to top