Hotel Property Investments

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

Elder Ray Index

Score

-0.45

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 33 17.7 0.48% 0.89% 2.4% -2.3% -4.3%
SHORT 33 5.5 0.48% 0.80% 1.1% -1.2% -7.6%

Summary

Technical Analysis

Hotel Property Investments (HPI.AX)


Indicator:

ELDER RAY INDEX


Last Signal:

BULLISH


Trading: BUY @ $3.26
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.


Hotel Property Investments (ASX:HPI) Elder Ray Index is signalling a Bullish movement



A technical indicator developed by Alexander Elder that measures the amount of buying and selling pressure in the market. This indicator consists of two separate indicators known as bull power and bear power. These figures allow a trader to determine the position of the price relative to a certain exponential moving average (EMA).

Calculation: Elder Ray Index (ERI):
1) Bull Power = Daily High - n-period EMA;
2) Bear Power = Daily Low - n-period EMA;


PROFILE: Hotel Property Investments (HPI.AX)


Stock Exchange: ASX
Company: Hotel Property Investments
Ticker Codes: | HPI.AX | ASX:HPI |

About Hotel Property Investments (ASX:HPI):

HPI owns a Portfolio of freehold pubs and associated specialty tenancies located throughout Queensland and South Australia. The pubs are leased to the Coles group (Coles) and to Australian Leisure & Hospitality (ALH), a joint venture 75% owned by the Woolworths group. HPI's objective is to maximise the long term income and capital returns from its investments for the benefit of its Securityholders. Approximately 95% of the income is earned from the hotel leases to Coles and ALH. The majority of the Leases to Coles are on similar terms. Coles provide approximately 95% of HPI's rental income. The remaining rental income is derived from Speciality Tenants leasing the On-site Specialty Stores. Specialty Tenants include a mix of franchisors and franchisees including 7-Eleven, Nightowl, Nando's, Subway, Noodle Box and The Good Guys. The Responsible Entity of the Trust is Hotel Property Investments Limited.

Top 10:

Elder Ray Index

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PPS Praemium 0.62 8.8 4,008,172 0.02 BULLISH
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CAT Catuity 1.34 5.9 99,920 0.03 BULLISH
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SYR Syrah Resources 0.4 5.3 4,047,447 0.09 BULLISH
AVJ Av Jennings Homes 0.6 5.3 386,251 0.02 BULLISH
NMT Neometals 0.22 4.9 812,159 0.01 BULLISH