[BEARISH]: General Property Trust currently has a confirmed downtrend. Recent trading has caused the WMA 15 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on WMA15 is -0.6%.
Weighted moving averages (WMA) are difficult to construct but more reliable than the simple moving averages. WMA permits an unequal weighting on prior time periods.
Calculation: Weighted Moving Average (WMA):
1) Ft= W1At-1 + WnAt-n
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.
Weighted Moving AverageDownload
|EMH European Metals Holdings||0.4||12.9||50,755||-1.6||BEARISH|
|RMS Ramelius Resources||0.5||7.5||3,500,339||-3.7||BEARISH|
|BOC Bougainville Copper||0.17||6.3||61,005||-5.9||BEARISH|
|CNI Centuria Capital||1.39||6.1||207,220||-5.9||BEARISH|
|FET Folkestone Education||2.97||5.3||499,659||-0.1||BEARISH|
|PNR Pacific Niugini Minerals||0.2||5.3||494,855||-6.8||BEARISH|
|SAR Saracen Mineral||1.98||5.3||12,454,538||-2.4||BEARISH|