|Position||Trades||Duration||Win rate||Win/loss||Avg win||Avg loss||Return|
|Position||Trades||Duration||Win Rate||Win/Loss||Avg Win||Avg Loss||Return|
RATE OF CHANGE
Trading: HOLD @ $4.99
Signal Strength: MEDIUM
Stockland (ASX:SGP) currently has positive rate of change of 7.312%. 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
Rate of Change (ROC) is a refinement of Momentum - readings fluctuate as percentages around the zero line. The indicator is designed for use in ranging markets - to detect trend weakness and likely reversal points. However when combined with a trend indicator it can be used in trending markets.
Calculation: Rate of Change (ROC):
1) (Closing Price [today] - Closing Price [n days ago]) / Closing Price [n days ago] * 100
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.
|SYR Syrah Resources||0.63||8.7||6,525,301||25||BULLISH|
|PPC Peet & Company||1.35||5.9||49,499||5.47||BULLISH|
|MFG Magellan Financial||66.75||5||490,638||15.62||BULLISH|
|FMG Fortescue Metals||12.69||5||21,508,010||17.72||BULLISH|
|EDE Eden Energy||0.04||4.8||3,708,423||10||BULLISH|
|BBN Baby Bunting||3.6||4.7||637,354||10.43||BULLISH|