|Position||Trades||Duration||Win rate||Win/loss||Avg win||Avg loss||Return|
|Position||Trades||Duration||Win Rate||Win/Loss||Avg Win||Avg Loss||Return|
Trading: BUY @ $4.46
Signal Strength: MEDIUM
Stockland (ASX:SGP) currently has positive momentum of 0.01. This means the current price is greater than the price 14 days ago and therefore gaining momentum.
Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has the ability to detect the speed of movement & give an early signal for a potential movement. By understanding the rate at which the price is moving in respect to the stocks historical trades, enables positions to be set in place based on changes in the speed of movement
Momentum measures the rate of change in closing prices and is used to detect trend weakness and likely reversal points. It is often underrated because of its simplicity. High Momentum readings (positive or negative) occur when a trend is at its strongest. Lower readings are found at the start and end of trends. Overbought and oversold levels are set separately for each security based on the performance of the indicator over past cycles.
Calculation: Momentum Oscillator (MOM):
1) Closing Price [today] - Closing Price [n days ago];
PROFILE: Stockland (SGP.AX)
Stock Exchange: ASX
Ticker Codes: | SGP.AX | ASX:SGP |
Stockland (ASX: SGP) was founded in 1952 and has grown to become Australia's largest diversified property group ? owning, developing and managing a large portfolio of shopping centres, residential communities, logistic centres, business parks, office assets and retirement living villages. Stockland is rated as one of the most sustainable real estate companies in the world by the Dow Jones Sustainability World Index (DJSI). Stockland is also an Employer of Choice for Gender Equality, as recognised by the Workplace Gender Equality Agency.
|VAH Virgin Australia Holdings||0.17||3.1||183,998||-0.01||BEARISH CROSSOVER|
|TPM Tpg Telecom||7.07||2.3||1,558,486||-0.09||BEARISH CROSSOVER|
|YAL Yancoal Australia||3.02||2||43,996||-0.03||BEARISH CROSSOVER|
|RUL Runge||0.77||1.3||163,056||-0.02||BEARISH CROSSOVER|
|MOC Mortgage Choice||1.13||0.9||350,208||-0.01||BEARISH CROSSOVER|
|SIV Silver Chef||0.65||0.8||23,192||-0.01||BEARISH CROSSOVER|
|AGL AGL Energy||18.98||0.6||1,645,531||-0.16||BEARISH CROSSOVER|
|NXT Nextdc||6.2||0.6||1,647,888||-0.22||BEARISH CROSSOVER|
|AMA Allomak||1.32||0.4||3,073,832||-0.02||BEARISH CROSSOVER|
|GBT Gbst Holdings||3.84||0.3||110,975||-0.02||BEARISH CROSSOVER|