Regional Express (REX)

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Regional Express (REX): Signals

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TECHNICAL ANALYSIS SUMMARY

Regional Express has a TR of 0.055, and an ATR(14) of 0.031.



Average true range (ATR) is a technical analysis volatility indicator originally developed by J. Welles Wilder Jr. for commodities. The indicator does not provide an indication of price trend simply the degree of price volatility.

Calculation: Average True Range (ATR):
1) Current ATR = [(Prior ATR x 13) + Current TR] / 14;
2) Where TR = max[(high-low) abs(high-close previous) abs (low-close previous)]


PROFILE: Regional Express (REX.AX)


Stock Exchange: ASX
Company: Regional Express
Ticker Codes: | REX.AX | ASX:REX |

About Regional Express (ASX:REX):

Regional Express Holdings Limited, together with its subsidiaries, engages in the air transportation of passengers and freight in Australia. The company operates through Regular Public Transport and Charter segments. It provides defense and government related aviation support services; aero-medical services for ambulance Victoria; fly in/fly out charter services; express freight services; and air tours charter services. The company also offers training programs to students and other airlines. As of September 22, 2017, it operated a fleet of approximately 50 Saab 340 aircraft to 59 destinations in Australia. The company was formerly known as Australiawide Airlines Limited. Regional Express Holdings Limited is based in Mascot, Australia.

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