Ale Property (LEP)

Download button icon Download

Ale Property (LEP): Signals

No data currently available.

data-ad-format="auto">

Explore Compare Share

TECHNICAL ANALYSIS SUMMARY

Ale Property : The current Fibonacci Fan levels are:
(23.61%) $6.57
: (38.2%) $6.1
: (50%) $6.05
: (61.8%) $6

The current support levels are:
(78.6%) $5.93
(100%) $5.84
(138.2%) $5.68
(161.8%) $5.59
(261.8%) $5.17
(423.61%) $4.5



Fibonacci Fan lines are trend lines based on Fibonacci retracement points. Rising fan lines extend up from a trough and pass through retracement based on the advance (trough to peak). These fan lines can then be used to estimate support levels or potential reversal zones. Falling fan lines extend down from a peak and pass through retracements based on the decline (peak to trough). These fan lines can then be used to estimate resistance levels or potential reversal zones. This article will explain the Fibonacci ratios and provide examples using Fibonacci Fans to project support and resistance.

Calculation: Fibonacci Fans:
1) Uptrend Fan line 1: Drawn from extreme low through 23.6% retracement level on “invisible” vertical line;
a) Fan line 2: Drawn from extreme low through 38.2% retracement level on “invisible” vertical line;
b) Fan line 3: Drawn from extreme low through 50% retracement level on “invisible” vertical line Fan line;
c) Drawn from extreme low through 61.8% retracement level on “invisible” line;
2)Downtrend Fan line 1: Drawn from extreme high through 23.6% retracement level on “invisible” vertical line;
a) Fan line 2: Drawn from extreme high through 38.2% retracement level on “invisible” vertical line;
b) Fan line 3: Drawn from extreme high through 50% low retracement level on “invisible” vertical line;
c) Fan line 4: Drawn from extreme high through 61.8% retracement level on “invisible” vertical line;


PROFILE: Ale Property (LEP.AX)


Stock Exchange: ASX
Company: Ale Property
Ticker Codes: | LEP.AX | ASX:LEP |

About Ale Property (ASX:LEP):

ALE Property Group (ASX:LEP) is the owner of Australia's largest portfolio of freehold pub properties. Established in November 2003, ALE owns a portfolio of around 86 pub properties across the five mainland states of Australia. All of the properties are leased to Australian Leisure and Hospitality Group Limited (ALH) for an average initial term of around a further 13 years.

Top 10:

Fibonacci Fans

Download button icon Download
Company Close Change (%) Volume Value Signal
AXP Airxpanders Inc 0.11 10 316,541 -466.7 BEARISH
PLS Pilbara Minerals 0.93 5.1 6,819,424 255.8 BEARISH
CUV Clinuvel Pharmaceuticals 19.82 4.6 75,789 -1,154.3 BEARISH
MLX Metals X 0.59 4.4 3,192,281 145.8 BEARISH
EZL Euroz 1.27 4.1 22,517 29.6 BEARISH
ASL Ausdrill 1.79 3.8 2,730,018 -48 BEARISH
FBR Fastbrick Robotics 0.17 3.1 827,618 -38.9 BEARISH
MTS Metcash 3.01 3.1 3,862,826 29.2 BEARISH
EWC Energy World Corporation 0.17 3 1,695,125 112.5 BEARISH
ONT 1300 Smiles 6.55 2.2 303 28.2 BEARISH
back to top