Saracen Mineral (SAR.AX)
Trading: SELL @ $2.49
Signal Strength: MEDIUM
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 low. Currently, the UIX is 2.965.
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 |
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.
|AXP Airxpanders Inc||0.04||20||3,531,549||2.76||BULLISH|
|EDE Eden Energy||0.08||16.9||25,070,313||0||BULLISH|
|GEM G8 Education||2.69||11.6||11,300,583||1.93||BULLISH|
|FIG Freedom Insurance||0.06||9.3||846,374||2.39||BULLISH|
|TZN Terramin Australia||0.14||8||359,269||0||BULLISH|
|EWC Energy World Corporation||0.17||6.5||13,824||0.75||BULLISH|