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 (LEP.AX)


Indicator:

WEIGHTED MOVING AVERAGE


Last Signal:

BEARISH


Trading: SELL @ $4.97
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.


Ale Property (ASX:LEP) 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 0.4%.



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: 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:

Weighted Moving Average

Download button icon Download
Company Close Change (%) Volume Value Signal
NHC New Hope 3.6 3.2 1,964,732 0.3 BULLISH CROSSOVER
ANN Ansell 23.57 2.8 1,131,320 0.2 BULLISH CROSSOVER
RHL Ruralco Holdings 3.09 2.3 46,088 1.8 BULLISH CROSSOVER
PGH Pact 3.45 1.5 387,975 0.2 BULLISH CROSSOVER
AQG Alacer Gold Corp 2.28 1.3 31,394 1.2 BULLISH CROSSOVER
WLL Wellcom 4.91 1.2 100 0.1 BULLISH CROSSOVER
FLN Freelancer 0.88 1.1 123,489 1.6 BULLISH CROSSOVER
GMG Goodman 10.93 0.8 4,192,842 3.1 BULLISH CROSSOVER
CGF Challenger Financial Services 9.88 0.7 2,153,902 0.1 BULLISH CROSSOVER
PAC Pacsoft 5.4 0.4 31,558 6.4 BULLISH CROSSOVER
back to top