|Position||Trades||Duration||Win rate||Win/loss||Avg win||Avg loss||Return|
|Position||Trades||Duration||Win Rate||Win/Loss||Avg Win||Avg Loss||Return|
REA Group (REA.AX)
SIMPLE MOVING AVERAGE
Trading: BUY @ $91.4
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.
REA Group (ASX:REA) currently has a confirmed uptrend. This means the SMA 15 day average has exceeded the closing price confirming the short term trend following indicator. Currently, the return on SMA15 is -0.7%.
A simple moving average is formed by computing the average price of a security over a specific number of periods. Most moving averages are based on closing prices.
Calculation: Simple Moving Average:
1) SMA: n period sum / n;
PROFILE: REA Group (REA.AX)
Stock Exchange: ASX
Company: REA Group
Ticker Codes: | REA.AX | ASX:REA |
REA Group Limited provides advertising services to the real estate industry in Australia and Asia. It advertises property and property-related services on Websites and mobile apps. The company operates Australian residential, commercial, and share property sites, such as realestate.com.au, realcommercial.com.au, and Flatmates.com.au; Chinese property site myfun.com; and various property portals in Asia. It also provides advertising services to the real estate industry. The company was formerly known as realestate.com.au Ltd. and changed its name to REA Group Limited in December 2008. REA Group Limited was founded in 1995 and is headquartered in Richmond, Australia. REA Group Limited is a subsidiary of News Limited.
|GAP Gale Pacific||0.32||10.3||947,040||10.8||BULLISH|
|ALL Aristocrat Leisure||28.4||7.1||4,671,890||8||BULLISH|
|CLW Charter Hall Long Wale||4.85||6.6||1,130,561||6.6||BULLISH|
|ABC Adelaide Brighton||4.38||6.3||4,706,429||12||BULLISH|
|SGF SG Fleet||2.85||5.6||70,552||8.2||BULLISH|
|ANG Austin Engineering||0.2||5.3||239,656||11.9||BULLISH|
|KSL Kina Securities||1.39||4.5||203,199||12.7||BULLISH|
|GOR Gold Road Resources||1.07||4.4||2,573,652||7.2||BULLISH|
|NCK Nick Scali||6.6||3.9||232,413||8.7||BULLISH|