Trading: SELL @ $0.885
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.
Praemium (ASX:PPS) is currently Overbought highlighting the potential for a short term trend reversal in the downward direction.
Developed by Larry Williams, Williams %R is a momentum indicator that is the inverse of the Fast Stochastic Oscillator. Also referred to as %R Williams %R reflects the level of the close relative to the highest high for the look-back period.
Calculation: Williams %R:
1) %R = (Highest High - Close)/(Highest High - Lowest Low) * -100;
2) Lowest Low = lowest low for the look-back period Highest High = highest high for the look-back period %R is multiplied by -100 correct the inversion and move the decimal;
PROFILE: Praemium (PPS.AX)
Stock Exchange: ASX
Ticker Codes: | PPS.AX | ASX:PPS |
Praemium Limited provides portfolio administration, investment platforms, and financial planning tools to the wealth management industry worldwide. It offers Praemium Portfolio, a portfolio reconstruction engine with a database of historic corporate actions across various equities. The company also provides WealthCraft that includes client relationship management, financial planning, administration, commission's management, investment research, and portfolio management; and Plum Software, which offers front-end client management and back-office systems to financial planners. In addition, it offers Separately Managed Accounts, an investment platform solution that provides technology to the traditional ?wrap? service provided by various platforms, as well as clients with professionally managed portfolios that are aligned to an investment strategy or model portfolio. The company offers data feeds, which automatically record clients' transactions, such as import transactions from contract notes and options, as well as file delivery. It serves financial advisers, brokers, accountants, investment managers, banks, and other financial providers, such as superannuation administrators. Praemium Limited was founded in 2001 and is headquartered in Melbourne, Australia.
|CDV Cardinal Resources||0.46||4.5||417,540||66.7||BEARISH CROSSUNDER|
|SHV Select Harvests||5.3||2.1||73,324||66.1||BEARISH CROSSUNDER|
|TWE Treasury Wine Estates||16.97||1||3,069,612||70.7||BEARISH CROSSUNDER|
|XPJ ASX 200 Property Trusts||1390.4||0.8||0||63.7||BEARISH CROSSUNDER|
|VVR Viva Energy Reit||2.17||0.5||1,404,686||69||BEARISH CROSSUNDER|
|AAC Australian Agricultural||1.22||0.4||1,391,191||74.2||BEARISH CROSSUNDER|
|MLT Milton Corporation||4.57||0.4||69,921||75||BEARISH CROSSUNDER|
|PTM Platinum Asset Management||4.95||0.2||999,063||66.7||BEARISH CROSSUNDER|
|PSQ Pacific Smiles||1.37||0||5,180||71.4||BEARISH CROSSUNDER|
|AKP Audio Pixels Holdings||11.99||0||5,814||53.7||BEARISH CROSSUNDER|