Centuria Industrial (CIP)

Download button icon Download

Centuria Industrial (CIP): Signals

No data currently available.

data-ad-format="auto">

Explore Compare Share

TECHNICAL ANALYSIS SUMMARY

Centuria Industrial (CIP.AX)


Indicator:

SINE WEIGHTED MOVING AVERAGE


Last Signal:

BEARISH


Trading: SELL @ $2.83
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.


Centuria Industrial (ASX:CIP) 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 -1.7%.



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):
1) PI:=3.14;
2) SD:=180/6;
3) S1:=Sin(1*180/6)*C;
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);
8) Num:=S1+S2+S3+S4+S5;
9) Den:=Sin(SD)+Sin(2*SD)+Sin(3*SD)+Sin(4*SD)+Sin(5*SD);
10) SWMA=Num/Den


PROFILE: Centuria Industrial (CIP.AX)


Stock Exchange: ASX
Company: Centuria Industrial
Ticker Codes: | CIP.AX | ASX:CIP |

About Centuria Industrial (ASX:CIP):

Centuria Industrial REIT (ASX: CIP) offers investors a chance to invest in industrial property via a listed property trust. CIP is Australia's largest ASX listed income focused industrial investment vehicle and is included in the S&P ASX300 index. CIP owns a portfolio of 39 high quality industrial assets with a value exceeding $1 billion, the properties are located in key metropolitan locations throughout Australia.

Top 10:

Sine Weighted Moving Average

Download button icon Download
Company Close Change (%) Volume Value Signal
TNE Technology One 6.31 -0.2 1,115,126 -0.1 BEARISH CROSSOVER
PLG Propertylink 1.18 -0.4 531,869 -0.3 BEARISH CROSSOVER
SCP Shopping Centres Australasia Property 2.67 -0.7 3,936,038 -0.4 BEARISH CROSSOVER
CDA Codan 3 -0.7 102,366 -0.6 BEARISH CROSSOVER
GXL Greenross 5.35 -0.7 412,851 -0.5 BEARISH CROSSOVER
NSR National Storage 1.76 -0.8 4,210,828 -0.1 BEARISH CROSSOVER
RHL Ruralco Holdings 3.05 -1 14,174 -0.9 BEARISH CROSSOVER
CMW Cromwell Corporation 1.01 -1 3,560,872 -0.2 BEARISH CROSSOVER
XNJ ASX 200 Industrials 5753.3 -1 0 -0.1 BEARISH CROSSOVER
APD Apn Property 0.44 -1.1 5,162 -0.9 BEARISH CROSSOVER
back to top