National Storage (NSR.AX)
Trading: BUY @ $1.775
Signal Strength: STRONG
Indicator is best used in conjunction with additional indicators as it has the ability to highlight potential overbought or oversold levels. This indicator utilizes upper and lower bands to visually represent price extremes associated with the bands. Additional value can be added to the trading strategy by accessing divergences between price and volume.
National Storage (ASX:NSR) is currently Oversold highlighting the potential for a short term trend reversal in the upward direction.
In technical analysis of securities trading the stochastic oscillator is a momentum indicator that uses support and resistance levels. Dr George Lane developed this indicator in the late 1950s. The term stochastic refers to the point of a current price in relation to its price range over a period of time. This method attempts to predict price turning points by comparing the closing price of a security to its price range.
Calculation: Stochastic Oscillator:
1) %K = (Current Close - Lowest Low)/(Highest High - Lowest Low) * 100;
2) %D = 3-day SMA of %K Lowest Low = lowest low for the look-back period Highest High = highest high for the look-back period %K is multiplied by 100 to move the decimal point two places;
PROFILE: National Storage (NSR.AX)
Stock Exchange: ASX
Company: National Storage
Ticker Codes: | NSR.AX | ASX:NSR |
National Storage is one of the largest self-storage providers in Australia and New Zealand, with 127 centres providing tailored storage solutions to over 40,000 residential and commercial customers across Australia and New Zealand. NSR is the first independent, internally managed and fully integrated owner and operator of self-storage centres to be listed on the Australian Securities Exchange (ASX).
|EQT Equity Trustees||24||4.3||34,589||100||BULLISH|
|AHY Asaleo Care||0.95||3.8||2,959,854||95||BULLISH|
|AGG Anglogold Ashanti||3||3.4||7,551||100||BULLISH|
|SBM St Barbara Mines||4.52||3||2,705,447||95.1||BULLISH|
|DXS Dexus Property||11.07||2.9||3,331,837||98||BULLISH|
|SYD Sydney Airport||7.1||2.6||6,115,862||98.3||BULLISH|
|VVR Viva Energy Reit||2.21||1.8||1,475,428||87.5||BULLISH|
|ABP Abacus Property||3.37||1.5||1,247,141||100||BULLISH|