GDI Property

Candlestick Daily volume index Bar reversal Edit

Backtest results

Position Trades Duration Win rate Win/loss Avg win Avg loss Return
Long 10 4.5 20% 25% 1.6% -0.8% -3.4%
Short 5 4.2 40% 67% 1.9% -3.2% -5.9%

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Trading Performance

Accumulation Distribution

Score

-0.25

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 27 16.6 0.59% 1.07% 2.2% -1.5% 12.7%
SHORT 28 12.7 0.36% 0.56% 1.6% -1.7% -14.8%

Summary

Technical Analysis

GDI Property (GDI.AX)


Indicator:

ACCUMULATION DISTRIBUTION


Last Signal:

BULLISH CROSSOVER


Trading: BUY @ $1.34
Signal Strength: STRONG
Recommendation:

GDI Property (ASX:GDI) current price has highlighted the commencement of accumulation and the start of bullish trading conditions. Currently, the ADLINE is 176974. During the quarter, the highest ADLINE value was 181176.


A bullish crossover has been confirmed due the last trading session with is a strong indication of a diretional change. This indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. Indicator can be applied to the short/medium term timeframe, but the best results are obtained with larger cyclical swings in-line with the trend direction. This accumulation / distribution oscillator can provide guidance on the money flow direction from the companies recent trading.



Accumulation/distribution (ADLINE) is a momentum indicator that attempts to gauge supply and demand by determining whether investors are generally accumulating or buying or distributing or selling a certain stock by identifying divergences between stock price and volume flow. The accumulation/distribution is calculated by first calculating the money flow multiplier then multiplying the money flow multiplier by the period’s volume.

Calculation: Accumulation Distribution Line:
1) Money Flow Multiplier = [(close - low) - (high - close)] / (high - low);
2) Money Flow Volume = Money Flow Multiplier x volume for the period;
3) Accumulation/Distribution= previous Accumulation/Distribution + current periods Money Flow Volume.


PROFILE: GDI Property (GDI.AX)


Stock Exchange: ASX
Company: GDI Property
Ticker Codes: | GDI.AX | ASX:GDI |

About GDI Property (ASX:GDI):

GDI Property Group (GDI) is an ASX listed property owner and fund manager. We have a proud history of delivering strong returns to investors for over 20 years. Our Board and employees are passionate about property and about funds management. We aim to continue to grow the wealth of our investors, provide exceptional accommodation to our customers and be a highly respected brand in our community. Our success has been founded on a sound investment philosophy of buying well, managing well and selling well.

Top 10:

Accumulation Distribution

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Company Close Change(%) Volume Value Signal
EML Emerchants 2.25 9.2 1,361,616 144,508 BULLISH CROSSOVER
AFA ASF 0.12 9.1 11,208 1,120.8 BULLISH CROSSOVER
NAB National Australia Bank 25.81 7.9 23,451,421 204,970.4 BULLISH CROSSOVER
APE Ap Eagers Holdings 8.9 5.6 61,547 2,051.2 BULLISH CROSSOVER
YAL Yancoal Australia 3.47 5.2 43,359 992.6 BULLISH CROSSOVER
MMS Mcmillan Shakespeare 12.92 5 384,142 14,283.8 BULLISH CROSSOVER
BOQ Bank Of Queensland 9.12 3.8 6,341,812 577,748.8 BULLISH CROSSOVER
NEC Nine Entertainment 1.95 3.5 13,233,380 947,321.5 BULLISH CROSSOVER
SWM Seven West Media 0.51 3.1 7,011,109 34,808.2 BULLISH CROSSOVER
ADA Adacel Technologies 0.68 2.3 172,808 9,970.1 BULLISH CROSSOVER