Spotless Holdings (SPO)

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Spotless Holdings (SPO): Signals

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Spotless Holdings has a TR of 0.01, and an ATR(14) of 0.022.

Average true range (ATR) is a technical analysis volatility indicator originally developed by J. Welles Wilder Jr. for commodities. The indicator does not provide an indication of price trend simply the degree of price volatility.

Calculation: Average True Range (ATR):
1) Current ATR = [(Prior ATR x 13) + Current TR] / 14;
2) Where TR = max[(high-low) abs(high-close previous) abs (low-close previous)]

PROFILE: Spotless Holdings (SPO.AX)

Stock Exchange: ASX
Company: Spotless Holdings
Ticker Codes: | SPO.AX | ASX:SPO |

About Spotless Holdings (ASX:SPO):

Spotless Group Holdings Limited provides outsourced facility, laundry and linen, technical and engineering, and maintenance and asset management services; and refrigeration solutions to various industries in Australia and New Zealand. The company operates through Facility Services and Laundry Services segments. It offers air-conditioning, mechanical, and electrical services; asset maintenance and management services; catering and hospitality services; cleaning services; facilities management services; laundry management services; sustainability services; security and electronics solutions; and utility support services. The company offers its services under the Spotless, AE Smith, Alliance, Asset Services, Clean Domain, Clean Event, Ensign, EPICURE, Nuvo group, Skilltech, Taylors, TechGuard Security, and UASG brand names. It serves business, defense, education, government, healthcare, power, public private partnerships, resources, senior living, transportation, and water markets, as well as stadias, venues, and leisure markets. Spotless Group Holdings Limited was founded in 1946 and is headquartered in Melbourne, Australia. As of August 28, 2017, Spotless Group Holdings Limited operates as a subsidiary of Downer EDI Services Pty Ltd.

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