General Property Trust

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%

What indicators would you like to backtest?

Trading Performance

Range Change

Score

0.0

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 84 5.7 0.44% 0.70% 1.8% -1.1% 11.5%
SHORT 83 5.1 0.45% 0.71% 1.2% -1.0% -5.2%

Summary

Technical Analysis

General Property Trust (GPT.AX)


Indicator:

RANGE CHANGE


Last Signal:

BULLISH


Trading: HOLD @ $6.33
Signal Strength: WEAK
Recommendation:

Indicator MUST BE USED in additional to another technical indicator to confirmation for trading entry. Indicator can be applied to the short term timeframe but is only able to give and indication of the strength of the buyers versus sellers at the market close. This bar analysis can provide guidance on the daily battle between sellers and buyers from the companies recent trading.


General Property Trust (ASX:GPT) buyers are increasingly eager. There has been 2 consecutive days of range increase for GPT adding strength to an uptrend in the first timeframe. The biggest price range this month has been $0.5800 & the greatest daily price range this year has been $1.0500. The price range ratio this week versus the quarterly price range is 0.3x & the price range ratio this month versus the year to date price range is 0.6x.



The range of the bar gives important information about the strength of weakness of a trend. If buyers are very committed they will be keen to buy and will tend to bid the price up even in the face of some selling pressure. Price will quickly & easily move upward and the move will tend to be significant. As such expanding ranges indicate the either buyers or sellers becoming more committed. Alternatively once the range begins to contract the side in control are losing commitment.

Calculation: Range Today Versus Range Yesterday (RTRY):
1) Expanding ranges on the upside indicates that buyers are increasingly eager;
2) Expanding ranges on the downside indicates that sellers are increasingly eager;
3) Contracting ranges on the upside indicates that buyers are becoming less eager;
4) Contracting ranges on the downside indicates that sellers are becoming less eager;


PROFILE: General Property Trust (GPT.AX)


Stock Exchange: ASX
Company: General Property Trust
Ticker Codes: | GPT.AX | ASX:GPT |

About General Property Trust (ASX:GPT):

The GPT Group is one of Australia's largest diversified property groups and a top 50 ASX listed company by market capitalisation. GPT owns and manages a $20 billion portfolio of offices, logistics, business parks and prime shopping centres across Australia. The Group has a substantial investor base with more than 35,000 shareholders.

Top 10:

Range Change

Download
Company Close Change(%) Volume Value Signal
EMH European Metals Holdings 0.4 12.9 86,102 1 BULLISH
SLR Silver Lake Resources 1.06 12.2 14,972,183 0 BULLISH
EWC Energy World Corporation 0.07 12.1 682,263 1 BULLISH
AQZ Alliance Aviation Services 2.5 10.1 242,935 1 BULLISH
BSA Broadcast Services Australia 0.29 9.6 231,634 1 BULLISH
NEA Nearmap 4.04 9.5 5,657,879 1 BULLISH
SXY Senex Energy 0.31 8.8 4,717,831 1 BULLISH
EVO Evolve Education 0.13 8.3 699,759 0 BULLISH
AQG Alacer Gold Corp 4.82 8.1 600,569 0 BULLISH
TZN Terramin Australia 0.08 6.7 7,645 0 BULLISH