Pan Pharmaceuticals (PPH.AX)
Trading: SELL @ $3.15
Signal Strength: MEDIUM
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.
Pan Pharmaceuticals (ASX:PPH) UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 3.228.
A technical indicator that measures downside risk in terms of both depth and duration of price declines. The Ulcer Index (UI) increases in value as the price moves farther away from a recent high and falls as the price rises to new highs. The indicator is usually calculated over 14 days with the UI showing the percentage drawdown a trader can expect from the high over that period. The greater the value of the UI the longer it takes for a stock to get back to the former high.
Calculation: Ulcer Index:
1) Percentage Drawdown = [(Close - 14-period High Close)/14-period High Close] x 100;
2) Squared Average = (14-period Sum of Percentage Drawdown Squared)/14;
3) Ulcer Index = Square Root of Squared Average;
PROFILE: Pan Pharmaceuticals (PPH.AX)
Stock Exchange: ASX
Company: Pan Pharmaceuticals
Ticker Codes: | PPH.AX | ASX:PPH |
Pushpay Holdings Limited provides engagement and payment solutions to the faith sector, not-for-profit organizations, and education providers. Its engagement solutions enable connections and mobile commerce tools that facilitate non-point of sale payments. Pushpay Holdings Limited was incorporated in 2011 and is based in Auckland, New Zealand.
|GZL Gazal Corporation||4.29||19.2||52,882||8.2||BEARISH|
|MTO Moto Goldmines||1.85||8.8||155,254||7.81||BEARISH|
|IRI Integrated Research||2.49||8.3||567,896||15.36||BEARISH|
|SFR Sandfire Resources||7.06||6||1,338,899||6.65||BEARISH|
|FIG Freedom Insurance||0.02||4.8||45,729||6.31||BEARISH|