Elanor Investors (ENN.AX)
SIMPLE MOVING AVERAGE
Trading: SELL @ $1.895
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.
Elanor Investors (ASX:ENN) currently has a confirmed downtrend. This means the SMA 15 day average has moved below the closing price confirming the short term trend following indicator. Currently, the return on SMA15 is -1.8%.
A simple moving average is formed by computing the average price of a security over a specific number of periods. Most moving averages are based on closing prices.
Calculation: Simple Moving Average:
1) SMA: n period sum / n;
PROFILE: Elanor Investors (ENN.AX)
Stock Exchange: ASX
Company: Elanor Investors
Ticker Codes: | ENN.AX | ASX:ENN |
Elanor Investors Group is a real estate investment firm. The firm seeks to invest in the hospitality and accommodation sector with a focus on hotels and tourism in Australia. Elanor Investors Group is based in Australia.
Simple Moving AverageDownload
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|OPT Opthea||0.61||-0.8||237,612||-0.5||BEARISH CROSSOVER|
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|AST Ausnet Services||1.62||-1.2||3,829,522||-1.1||BEARISH CROSSOVER|
|PRU Perseus Mining||0.37||-1.3||1,608,479||-0.8||BEARISH CROSSOVER|
|LYL Lycopodium||4.24||-1.4||16,700||-0.1||BEARISH CROSSOVER|
|GOR Gold Road Resources||0.69||-1.4||742,918||-0.7||BEARISH CROSSOVER|