Elanor Retail Property Fund (ERF.AX)
WEIGHTED MOVING AVERAGE
Trading: SELL @ $1.22
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 Retail Property Fund (ASX:ERF) currently has a confirmed downtrend. Recent trading has caused the WMA 15 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on WMA15 is 0.0%.
Weighted moving averages (WMA) are difficult to construct but more reliable than the simple moving averages. WMA permits an unequal weighting on prior time periods.
Calculation: Weighted Moving Average (WMA):
1) Ft= W1At-1 + WnAt-n
PROFILE: Elanor Retail Property Fund (ERF.AX)
Stock Exchange: ASX
Company: Elanor Retail Property Fund
Ticker Codes: | ERF.AX | ASX:ERF |
Elanor Retail Property Fund is externally managed real estate investment fund investing in Australian retail property, focusing predominantly on quality, high yielding neighbourhood and sub-regional shopping centres. The strategy of Elanor Retail Property Fund is to acquire and unlock value in these assets to provide attractive cash flows and capital growth potential, to grow its investments under management through establishing new managed investment funds. The strategy of Elanor Retail Property Fund is to acquire and unlock value in these assets to provide attractive cash flows and capital growth potential, to grow its investments under management through establishing new managed investment funds.
Weighted Moving AverageDownload
|BRN Brainchip Holdings||0.1||7.8||700,368||0||NEUTRAL|
|SSM Service Stream||1.89||3.3||876,993||0||NEUTRAL|
|CAJ Capitol Health||0.27||1.9||716,335||0||NEUTRAL|
|DXS Dexus Property||11.14||0.9||3,257,993||-0.5||NEUTRAL|
|QBE QBE Insurance||10.93||0.8||2,789,565||0||NEUTRAL|
|ZEL Zeolite Australia||5.45||0.6||38,590||0||NEUTRAL|
|GEM G8 Education||2.85||0.4||2,226,139||0||NEUTRAL|
|OGC Oceanagold Corporation||4.95||0||752,446||0||NEUTRAL|