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:

COLES RALLY/REACTION DAY


Last Signal:

NEUTRAL


Trading: HOLD @ $4.76
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.


Ale Property (ASX:LEP)


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: 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:

Cole's Reaction Day

Download button icon Download
Company Close Change (%) Volume Value Signal
LOV Lovisa 9.3 20.2 1,518,896 0 NEUTRAL
EMH European Metals Holdings 0.4 14.3 44,010 0 NEUTRAL
SVW Seven Holdings 19.02 12.2 2,028,025 0 NEUTRAL
AXP Airxpanders Inc 0.04 12.1 4,203,665 0 NEUTRAL
GCY Gascoyne Resources 0.11 11.1 1,637,598 0 NEUTRAL
NWH NRW 2.28 9.6 3,181,761 0 NEUTRAL
AGG Anglogold Ashanti 4.16 8.3 21,558 0 NEUTRAL
ORE Orocobre 3.2 7.4 2,255,245 0 NEUTRAL
SXY Senex Energy 0.38 7.1 10,983,458 0 NEUTRAL
BFC Beston Global Food 0.16 6.9 222,535 0 NEUTRAL
back to top