Shopping Centres Australasia Property

Candlestick Daily volume index Bar reversal Edit

Backtest results

Position Trades Duration Win rate Win/loss Avg win Avg loss Return
Long 10 4.5 20% 25% 1.6% -0.8% -3.4%
Short 5 4.2 40% 67% 1.9% -3.2% -5.9%

What indicators would you like to backtest?

Trading Performance

Elder Ray Index

Score

0.05

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 33 14.2 0.58% 1.12% 1.5% -1.2% 9.5%
SHORT 34 10.7 0.38% 0.57% 1.6% -1.2% -7.5%

Summary

Technical Analysis

Shopping Centres Australasia Property (SCP.AX)


Indicator:

ELDER RAY INDEX


Last Signal:

BULLISH


Trading: BUY @ $2.6
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.


Shopping Centres Australasia Property (ASX:SCP) Elder Ray Index is signalling a Bullish movement



A technical indicator developed by Alexander Elder that measures the amount of buying and selling pressure in the market. This indicator consists of two separate indicators known as bull power and bear power. These figures allow a trader to determine the position of the price relative to a certain exponential moving average (EMA).

Calculation: Elder Ray Index (ERI):
1) Bull Power = Daily High - n-period EMA;
2) Bear Power = Daily Low - n-period EMA;


PROFILE: Shopping Centres Australasia Property (SCP.AX)


Stock Exchange: ASX
Company: Shopping Centres Australasia Property
Ticker Codes: | SCP.AX | ASX:SCP |

About Shopping Centres Australasia Property (ASX:SCP):

SCA Property Group (SCP) includes two internally managed real estate investment trusts owning a portfolio of quality neighbourhood and sub-regional shopping centres located across Australia. The SCA Property Group invests in shopping centres predominantly anchored by non-discretionary retailers, with long term leases to tenants such as Woolworths Limited and companies in the Wesfarmers Limited group (such as Coles). The SCA Property Group is a stapled entity comprising Shopping Centres Australasia Property Management Trust (ARSN 160 612 626) and Shopping Centres Australasia Property Retail Trust (ARSN 160 612 788).

Top 10:

Elder Ray Index

Download
Company Close Change(%) Volume Value Signal
IPD Impedimed 0.12 9.5 2,638,079 -0.01 BEARISH
NAN Nanosonics 5.6 5.7 3,678,008 -0.09 BEARISH
OMH OM Holdings 0.91 5.2 125,747 0 BEARISH
BFC Beston Global Food 0.11 4.8 118,825 0 BEARISH
IFT Infratil 4.4 4.3 27,284 -0.09 BEARISH
XIP Xenith Ip 2.2 4.3 130,384 -0.18 BEARISH
EQT Equity Trustees 29 3.9 15,051 0 BEARISH
AFP Aft Pharmaceuticals 2.92 3.9 16,400 0 BEARISH
IPH Ipoh 7.42 3.6 660,132 -0.02 BEARISH
CAR Carsales 13.93 3.5 780,012 -0.32 BEARISH