Stockland

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%

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Trading Performance

Bollinger Bands

Score

0.6

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 26 14.6 0.42% 0.73% 2.1% -1.3% 3.0%
SHORT 25 15.8 0.32% 0.47% 5.5% -1.4% 21.2%

Summary

Technical Analysis

Stockland (SGP.AX)


Indicator:

BOLLINGER BANDS


Last Signal:

BULLISH CROSSUNDER


Trading: BUY @ $4.26
Signal Strength: STRONG
Recommendation:

Indicator is best used in conjunction with additional indicators as it has the ability to highlight potential overbought or oversold levels. This indicator utilizes upper and lower bands to visually represent price extremes associated with the bands. Additional value can be added to the trading strategy by accessing divergences between price and volume.


Stockland (ASX:SGP) is no longer overbought The current level is 123.98% with a current width of 13.62.



The purpose of the Bollinger Bands is to provide a relative definition of high and low. By definition prices are high at the upper band and low at the lower band. This definition can aid in rigorous pattern recognition and is useful in comparing price action of the action of indicators to arrive at systematic trading decision.

Calculation: Bollinger Bands:
1) Middle Band = 20-day simple moving average (SMA);
2) Upper Band = 20-day SMA + (20-day standard deviation of price x 2);
3) Lower Band = 20-day SMA - (20-day standard deviation of price x 2);


PROFILE: Stockland (SGP.AX)


Stock Exchange: ASX
Company: Stockland
Ticker Codes: | SGP.AX | ASX:SGP |

About Stockland (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.

Top 10:

Bollinger Bands

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Company Close Change(%) Volume Value Signal
GGG Greenland Minerals 0.13 39.8 7,332,468 92.95 BULLISH
LYC Lynas Corporation 2.26 14.4 20,354,647 79 BULLISH
BNO Bionomics 0.15 11.1 659,788 80.18 BULLISH
MOC Mortgage Choice 1.01 11 787,250 85.41 BULLISH
ALK Alkane Exploration 0.27 10.4 3,467,000 68.54 BULLISH
ANG Austin Engineering 0.19 8.6 300,979 57.78 BULLISH
WGX Westgold Resources 1.62 7 2,136,458 56.75 BULLISH
EMH European Metals Holdings 0.44 6.1 273,100 55.9 BULLISH
BLX Beacon Lighting 1.17 5.9 830,823 46.46 BULLISH
MVF Monash IVF 1.15 4.5 542,225 78.77 BULLISH