General Property Trust (GPT)

Download button icon Download

General Property Trust (GPT): Signals

No data currently available.

data-ad-format="auto">

Explore Compare Share

TECHNICAL ANALYSIS SUMMARY

General Property Trust (GPT.AX)


Indicator:

SINE WEIGHTED MOVING AVERAGE


Last Signal:

BULLISH


Trading: BUY @ $5.05
Signal Strength: STRONG
Recommendation:

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.


General Property Trust (ASX:GPT) currently has a confirmed uptrend. Recent trading has caused the SWMA 15 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SWMA15 is -0.2%.



A Sine wave is a smooth repetitive oscillation that shifts between a high of y and a low of -y. A SW-MA takes its weighting from the first half of a Sine wave cycle so the largest weighting is given to the data in the middle. The result is very similar to the Triangular Moving Average (Tri-MA) but much more difficult to calculate.

Calculation: Sine Weighted Moving Average (SWMA):
1) PI:=3.14;
2) SD:=180/6;
3) S1:=Sin(1*180/6)*C;
4) S2:=Sin(2*180/6)*Ref(C -1);
5) S3:=Sin(3*180/6)*Ref(C -2);
6) S4:=Sin(4*180/6)*Ref(C -3);
7) S5:=Sin(5*180/6)*Ref(C -4);
8) Num:=S1+S2+S3+S4+S5;
9) Den:=Sin(SD)+Sin(2*SD)+Sin(3*SD)+Sin(4*SD)+Sin(5*SD);
10) SWMA=Num/Den


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:

Sine Weighted Moving Average

Download button icon Download
Company Close Change (%) Volume Value Signal
SHJ Shine Corporate 0.88 3.5 121,899 0 BULLISH CROSSOVER
MYR Myer 0.52 3 1,118,907 2.4 BULLISH CROSSOVER
NWH NRW 1.96 1.3 705,128 2.3 BULLISH CROSSOVER
RFF Rural Funds 2.12 0.5 259,850 0.4 BULLISH CROSSOVER
MMS Mcmillan Shakespeare 15.9 0.4 351,508 6.5 BULLISH CROSSOVER
MIN Mineral Resources 15.32 0.3 606,926 0.1 BULLISH CROSSOVER
GSW Getswift 0.57 0 36,012 1 BULLISH CROSSOVER
ERF Elanor Retail Property Fund 1.27 0 0 1.3 BULLISH CROSSOVER
FOR Forager Australian Shares 1.51 0 0 3.3 BULLISH CROSSOVER
GAP Gale Pacific 0.35 0 20,447 0.6 BULLISH CROSSOVER
back to top