[BULLISH]: General Property Trust currently has positive rate of change of 1.923%. This means the current price is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is -1.5%.
Rate of Change (ROC) is a refinement of Momentum - readings fluctuate as percentages around the zero line. The indicator is designed for use in ranging markets - to detect trend weakness and likely reversal points. However when combined with a trend indicator it can be used in trending markets.
Calculation: Rate of Change (ROC):
1) (Closing Price [today] - Closing Price [n days ago]) / Closing Price [n days ago] * 100
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.
Rate of ChangeDownload
|AGG Anglogold Ashanti||2.55||8.5||18,500||15.91||BULLISH|
|GRR Grange Resources||0.23||7||1,602,582||12.2||BULLISH|
|TBR Tribune Resources||7||4.5||2,000||7.69||BULLISH|
|MDC Mcconnell Dowell Corporation||0.47||4.4||114,352||4.44||BULLISH|
|ELX Ellex Medical Lasers||0.82||3.8||543,415||18.84||BULLISH|
|MGC Mg Unit Trust||0.33||3.1||496,593||3.13||BULLISH|