[BULLISH CROSSOVER]: General Property Trust currently has positive momentum of 0.07. This means the current price is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is 1%. The largest upward momentum rally for the last 3 months is 1 days producing a return of 0%.
Momentum measures the rate of change in closing prices and is used to detect trend weakness and likely reversal points. It is often underrated because of its simplicity. High Momentum readings (positive or negative) occur when a trend is at its strongest. Lower readings are found at the start and end of trends. Overbought and oversold levels are set separately for each security based on the performance of the indicator over past cycles.
Calculation: Momentum Oscillator (MOM):
1) Closing Price [today] - Closing Price [n days ago];
PROFILE: General Property Trust (GPT.AX)
Stock Exchange: ASX
Company: General Property Trust
Ticker Codes: | GPT.AX | 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.
|DNK Danakali||0.85||11.1||121,149||0.06||BULLISH CROSSOVER|
|GTN GTN Resources||2.08||6.7||48,606||0.01||BULLISH CROSSOVER|
|QMS Qms Media||1||4.7||350,837||0.02||BULLISH CROSSOVER|
|PRT Prime Television||0.24||4.3||273,985||0.01||BULLISH CROSSOVER|
|EZL Euroz||1.27||4.1||22,517||0.05||BULLISH CROSSOVER|
|ADH Adairs||2.48||3.8||377,801||0.01||BULLISH CROSSOVER|
|ORE Orocobre||4.2||2.2||864,877||0.04||BULLISH CROSSOVER|
|IPH Ipoh||5.73||2.1||723,064||0.16||BULLISH CROSSOVER|
|SWM Seven West Media||1||2||4,646,630||0.01||BULLISH CROSSOVER|
|APE Ap Eagers Holdings||7.88||1.9||14,377||0.03||BULLISH CROSSOVER|