Scentre (SCG)

Download button icon Download

Scentre (SCG): Signals

No data currently available.

data-ad-format="auto">

Explore Compare Share

TECHNICAL ANALYSIS SUMMARY

Scentre (SCG.AX)


Indicator:

ON BALANCE VOLUME


Last Signal:

BULLISH


Trading: HOLD @ $3.89
Signal Strength: MEDIUM
Recommendation:

Scentre (ASX:SCG) current price has highlighted recent accumulation. Currently, the OBV is 1.15988e+006.


Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. Indicator can be applied to the short/medium term timeframe, but the best results are obtained with larger cyclical swings in-line with the trend direction. This accumulation / distribution oscillator can provide guidance on the money flow direction from the companies recent trading.


On Balance Volume (OBV) attempts to measure the level of accumulation or distribution by comparing volume to price movements. Volume is added to the indicator if closing price moves up and subtracted if closing price moves down. No adjustment is made if closing price is unchanged.

Calculation: On Balance Volume:
1) If the closing price is above the prior close price then: Current OBV = Previous OBV + Current Volume;
2) If the closing price is below the prior close price then: Current OBV = Previous OBV - Current Volume;
3) If the closing prices equals the prior close price then: Current OBV = Previous OBV (no change)


PROFILE: Scentre (SCG.AX)


Stock Exchange: ASX
Company: Scentre
Ticker Codes: | SCG.AX | ASX:SCG |

About Scentre (ASX:SCG):

Scentre Group owns and operates the pre-eminent shopping centre portfolio in Australia and New Zealand with retail real estate assets under management valued at $51 billion and shopping centre ownership interests valued at $36.2 billion. This comprises 39 Westfield shopping centres which have strong franchise value and the ability to attract the world's leading retail brands. Scentre Group's strategy is to own interests in the highest quality regional shopping centres in its markets and to invest in these assets through redevelopment opportunities, ensuring that the Group's shopping centres enrich communities by providing extraordinary retail spaces. Many shopping centres in the portfolio are owned in partnership with leading property investment institutions. Westfield shopping centres are an essential part of the community's social and economic fabric and in 2017 more than 530 million customers visits were made across Australia and New Zealand.

Top 10:

On Balance Volume

Download button icon Download
Company Close Change (%) Volume Value Signal
MUA Mitula 0.77 7.7 1,776,706 359,967.7 BULLISH
PEA Pacific Energy 0.57 4.6 331,114 33,572.2 BULLISH
MVF Monash IVF 0.96 3.8 260,591 86,259.6 BULLISH
SHM Shriro 0.69 3.8 27,413 39,483.2 BULLISH
REA REA Group 74.75 3.5 228,972 45,570.4 BULLISH
ISD Isentia 0.34 3.1 2,009,476 502,482.9 BULLISH
PMP PMP 0.19 2.7 1,177 22,461.4 BULLISH
SGP Stockland 3.65 2.5 9,004,378 668,568.8 BULLISH
SPO Spotless Holdings 1.74 2.4 47,148 87,449.3 BULLISH
SKI Spark Infrastructure 2.37 2.2 4,089,518 1,909,534.8 BULLISH
back to top