Saracen Mineral (SAR)

Download button icon Download

Saracen Mineral (SAR): Signals

No data currently available.

data-ad-format="auto">

Explore Compare Share

TECHNICAL ANALYSIS SUMMARY

Saracen Mineral (SAR.AX)


Indicator:

WEIGHTED MOVING AVERAGE


Last Signal:

BEARISH


Trading: SELL @ $2.49
Signal Strength: STRONG
Recommendation:

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.


Saracen Mineral (ASX:SAR) currently has a confirmed downtrend. Recent trading has caused the WMA 15 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on WMA15 is -0.4%.



Weighted moving averages (WMA) are difficult to construct but more reliable than the simple moving averages. WMA permits an unequal weighting on prior time periods.

Calculation: Weighted Moving Average (WMA):
1) Ft= W1At-1 + WnAt-n


PROFILE: Saracen Mineral (SAR.AX)


Stock Exchange: ASX
Company: Saracen Mineral
Ticker Codes: | SAR.AX | ASX:SAR |

About Saracen Mineral (ASX:SAR):

Saracen Mineral Holdings Limited engages in the gold mining business in Australia. It also explores for nickel deposits. The company holds 100% interest in the Carosue Dam operations located in north-east of Kalgoorlie, Western Australia. It also holds interests in Thunderbox operations located in the Yandal belt and the Agnew-Wiluna belt in the North Eastern Goldfields of Western Australia. Saracen Mineral Holdings Limited is headquartered in Perth, Australia.

Top 10:

Weighted Moving Average

Download button icon Download
Company Close Change (%) Volume Value Signal
AXP Airxpanders Inc 0.04 20 3,531,549 -14.3 BEARISH
MOY Millennium Minerals 0.2 8.1 273,345 -0.5 BEARISH
ELD ELD 7.44 5.5 1,017,702 -1.5 BEARISH
NWH NRW 1.77 5.1 1,466,791 -2.7 BEARISH
KGN Kogan 2.78 4.9 695,737 -0.4 BEARISH
GTN GTN Resources 2.04 4.6 34,507 -2.2 BEARISH
LLC Lend Lease Corporation 13.27 3.8 7,329,601 -12.3 BEARISH
BPT Beach Petroleum 1.68 3.7 12,362,650 -1.4 BEARISH
MYO Myob 3.41 3.6 1,958,349 -0.2 BEARISH
PSQ Pacific Smiles 1.36 3.4 2 -1.4 BEARISH
back to top