RCR Tomlinson (RCR.AX)
DETREND PRICE OSCILLATOR
Trading: SELL @ $0.87
Signal Strength: STRONG
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.
RCR Tomlinson (ASX:RCR) currently has a confirmed downtrend. Price is currently below the displaced moving average for RCR Currently, the return on DPO20 is 0.0%.
The Detrended Price Oscillator (DPO) is an indicator designed to remove trend from price and make it easier to identify cycles. DPO does not extend to the last date because it is based on a displaced moving average. However alignment with the most recent is not an issue because DPO is not a momentum oscillator. Instead DPO is used to identify cycle’s highs/lows and estimate cycle length.
Calculation: Detrended Price Oscillator (DPO):
1) Price (X/2 + 1) periods ago minus X-period simple moving average.
Where X is the number of periods;
PROFILE: RCR Tomlinson (RCR.AX)
Stock Exchange: ASX
Company: RCR Tomlinson
Ticker Codes: | RCR.AX | ASX:RCR |
RCR Tomlinson Limited, a multi-disciplinary engineering and infrastructure company, together with its subsidiaries, provides engineering solutions to the infrastructure, energy, and resources sectors in Australia and internationally. The company operates through three segments: Infrastructure, Energy, and Resources. The Infrastructure segment provides electrical and instrumentation services; railway signaling and overhead wiring systems; power generation, transmission, distribution systems; generator maintenance services; high voltage cabling services; switchboards and process control instrumentation services; fire and data communications systems; water treatment systems and technologies; installation and maintenance of mechanical engineering, as well as heating, ventilation, and air conditioning systems; and facilities management services. This segment offers its products and services under the RCR, O'Donnell Griffin, Haden, and Resolve FM brands. The Energy segment offers integrated solutions for power generation and thermal energy plants, components, and systems; servicing and maintenance services; proprietary heat recovery steam generators; and laser cutting services. The Resources segment provides engineering, construction, maintenance, and shutdown services; turnkey material handling solutions from design and manufacture; specialist shutdown and heat treatment services to off-site repairs; and heavy engineering equipment maintenance services. The company also offers apron and belt feeders, conveyors, bucket wheel excavators, stackers, reclaimers, spreaders, seizers, scrubbers, screens, and car dumpers, as well as mobile in-pit crushing and conveying, and other mobile mining solutions. RCR Tomlinson Limited is headquartered in Sydney, Australia.
Detrended Price OscillatorDownload
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