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:

ULCER INDEX


Last Signal:

BULLISH


Trading: BUY @ $3.05
Signal Strength: MEDIUM
Recommendation:

Volatility indicators highlight potential moves of a stock which can either move sharply in the updwards or downwards direction. This indicator allows stocks to be compared on a level playing field to highlight high and low volatility. Normally, falling markets are more likely to be volatile than a rising markets due to the emotion that gets tied to trading. Use volatility indicators in conjunction with other indicators to reduce exposure to false moves.


Saracen Mineral (ASX:SAR) UIX index implies that the downside risk of the current trading price is high. Currently, the UIX is 7.316.



A technical indicator that measures downside risk in terms of both depth and duration of price declines. The Ulcer Index (UI) increases in value as the price moves farther away from a recent high and falls as the price rises to new highs. The indicator is usually calculated over 14 days with the UI showing the percentage drawdown a trader can expect from the high over that period. The greater the value of the UI the longer it takes for a stock to get back to the former high.

Calculation: Ulcer Index:
1) Percentage Drawdown = [(Close - 14-period High Close)/14-period High Close] x 100;
2) Squared Average = (14-period Sum of Percentage Drawdown Squared)/14;
3) Ulcer Index = Square Root of Squared Average;


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:

Ulcer Index

Download button icon Download
Company Close Change (%) Volume Value Signal
SVW Seven Holdings 19.02 12.2 2,028,025 5.59 BEARISH
GCY Gascoyne Resources 0.11 11.1 1,637,598 5.22 BEARISH
AYS Amaysim Australia 0.95 5.6 94,182 13.02 BEARISH
BSA Broadcast Services Australia 0.29 5.6 67,709 7.71 BEARISH
MCP Mcphersons 1.3 4.4 326,108 8.98 BEARISH
WGX Westgold Resources 1.2 4.3 573,357 11.52 BEARISH
DDR Dicker Data 3.2 4.2 342,810 8.74 BEARISH
EQT Equity Trustees 24.75 4 3,285 7.98 BEARISH
PRT Prime Television 0.26 4 163,095 5.99 BEARISH
WAF West African Resources 0.27 3.9 2,108,072 18.3 BEARISH
back to top