General Property Trust

What indicators would you like to setup a trade for?

Candlestick Daily volume index Bar reversal Edit

Trade setup

Position Order Entry Exit Stop Loss Risk Return Expectancy
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?

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%

Company

Indicator

Code Company Date Close Change Indicator Value Signal

Trading Performance

Cole's Reaction Day

Score

-0.15

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 35 17.4 0.51% 0.95% 2.9% -2.2% 10.1%
SHORT 34 5.2 0.50% 0.81% 0.9% -1.0% -6.3%

Summary

Technical Analysis

General Property Trust (GPT.AX)


Indicator:

COLES RALLY DAY


Last Signal:

BULLISH


Trading: BUY @ $5.95
Signal Strength: MEDIUM
Recommendation:

Volatility indicators highlight potential moves of a stock which can either move sharply in the updwards or downwards direction. This indicator allows stocks to be compared on a level playing field to highlight high and low volatility. Normally, falling markets are more likely to be volatile than a rising markets due to the emotion that gets tied to trading. Use volatility indicators in conjunction with other indicators to reduce exposure to false moves.


General Property Trust (ASX:GPT): Coles Rally Day (HH)



Roger Cole devised a method to use rally and reaction days. Cole disregarded inside and outside days to find three rally days in a row or three reactions in a row. This is like three soldiers or three crows in candlestick pattern analysis, except Cole allowed for inside or outside days to intervene. Three soldiers and three crows, while rare, are extremely reliable. So Cole gave us some relief from a strict definition, but traded off increased frequency at the expense of reliability. Cole also used moving average crossovers to augment the two-day (rally, reaction, inside, outside day) results.

Calculation: Coles Reaction Day:
1) Rally Day: High > High yesterday & Low > Low yesterday;
2) Reaction Day: High > High yesterday & Low < Low yesterday


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:

Cole's Reaction Day

Download
Company Close Change(%) Volume Value Signal
CAT Catuity 2.15 12.3 1,445,310 0 NEUTRAL
DNA Donaco International 0.08 10.7 1,523,777 0 NEUTRAL
KSC K&S Corporation 1.6 6 9,657 0 NEUTRAL
PPC Peet & Company 1.35 5.9 49,499 0 NEUTRAL
PNR Pacific Niugini Minerals 0.11 5 2,749,840 0 NEUTRAL
MFG Magellan Financial 66.75 5 490,638 0 NEUTRAL
FMG Fortescue Metals 12.69 5 21,508,010 0 NEUTRAL
EDE Eden Energy 0.04 4.8 3,708,423 0 NEUTRAL
BBN Baby Bunting 3.6 4.7 637,354 0 NEUTRAL
SVW Seven Holdings 21.91 4.6 1,073,717 0 NEUTRAL