Centuria Industrial (CIP.AX)
SINE WEIGHTED MOVING AVERAGE
Trading: SELL @ $2.83
Signal Strength: STRONG
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):
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: Centuria Industrial (CIP.AX)
Stock Exchange: ASX
Company: Centuria Industrial
Ticker Codes: | CIP.AX | 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.
Sine Weighted Moving AverageDownload
|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|