|Position||Trades||Duration||Win rate||Win/loss||Avg win||Avg loss||Return|
|Position||Trades||Duration||Win Rate||Win/Loss||Avg Win||Avg Loss||Return|
Spark Infrastructure (SKI.AX)
RATE OF CHANGE
Trading: HOLD @ $2.51
Signal Strength: MEDIUM
Spark Infrastructure (ASX:SKI) currently has positive rate of change of 8.19%. 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: Spark Infrastructure (SKI.AX)
Stock Exchange: ASX
Company: Spark Infrastructure
Ticker Codes: | SKI.AX | ASX:SKI |
Spark Infrastructure Group is a publicly owned investment manager. The firm invests in the regulated utility infrastructure markets across the globe. Spark Infrastructure Group is based in Sydney, Australia.
|EWC Energy World Corporation||0.08||10.8||945,847||36.67||BULLISH|
|GGG Greenland Minerals||0.14||8||2,362,420||3.85||BULLISH|
|CLQ Clean Teq Holdings||0.32||6.7||1,263,824||10.35||BULLISH|
|MVF Monash IVF||1.46||5.4||1,302,784||25.86||BULLISH|
|BSA Broadcast Services Australia||0.3||5.3||140,508||9.09||BULLISH|
|OMH OM Holdings||0.91||5.2||125,747||20.53||BULLISH|
|MEZ Meridian Energy||4.41||5||29,189||13.08||BULLISH|