|Position||Trades||Duration||Win rate||Win/loss||Avg win||Avg loss||Return|
|Position||Trades||Duration||Win Rate||Win/Loss||Avg Win||Avg Loss||Return|
Structural Monitoring Systems (SMN.AX)
Trading: SELL @ $0.87
Signal Strength: STRONG
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.
Structural Monitoring Systems (ASX:SMN) is currently Overbought highlighting the potential for a short term trend reversal in the downward direction.
In technical analysis of securities trading the stochastic oscillator is a momentum indicator that uses support and resistance levels. Dr George Lane developed this indicator in the late 1950s. The term stochastic refers to the point of a current price in relation to its price range over a period of time. This method attempts to predict price turning points by comparing the closing price of a security to its price range.
Calculation: Stochastic Oscillator:
1) %K = (Current Close - Lowest Low)/(Highest High - Lowest Low) * 100;
2) %D = 3-day SMA of %K Lowest Low = lowest low for the look-back period Highest High = highest high for the look-back period %K is multiplied by 100 to move the decimal point two places;
PROFILE: Structural Monitoring Systems (SMN.AX)
Stock Exchange: ASX
Company: Structural Monitoring Systems
Ticker Codes: | SMN.AX | ASX:SMN |
Structural Monitoring Systems Plc, through its subsidiaries, develops and commercializes structural health monitoring technology in Australia. It offers CVM switch for fatigue testing; CVM NDI; and laboratory kits for use in real-time crack detection and monitoring. The company is based in Claremont, Australia.
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