Trading: HOLD @ $1.385
Signal Strength: STRONG
Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has been constructed to highlight the existence of a trend for an assocaited timeframe. Trend determining indicators can be used in short, medium or long term timeframes & determines if the stock is trending or ranging. Once the trend status is quantified, this can then be coupled to additional indicators to add a significant advantage to the trading strategy.
The Aroon Oscillator is the difference between Aroon-Up and Aroon-Down. These two indicators are usually plotted together for easy comparison but chartists can also view the difference of these two indicators with the Aroon Oscillator. This indicator fluctuates between -100 and +100 with zero as the middle line.
Calculation: Aroon Oscillator (ARO) :
1) Aroon Up = 100 x (25 - Days Since 25-day High)/25;
2) Aroon Down = 100 x (25 - Days Since 25-day Low)/25;
3) Aroon Oscillator = Aroon-Up - Aroon-Down;
PROFILE: Vita (VTG.AX)
Stock Exchange: ASX
Ticker Codes: | VTG.AX | ASX:VTG |
Vita Group Limited markets and sells communication and technology solutions in Australia. It provides telecommunications products and services to retail, small to medium business, government, and enterprise customers; and technology accessories and men's athleisure wear. The company sells products and services through a network of brands, such as Telstra, Telstra Business Center, Vita Enterprise Solutions, Sprout, and SQDAthletica. As of June 30, 2017, it operated 105 Telstra licensed stores, 21 Telstra business centers, and 1 Fone Zone store. Vita Group Limited was founded in 1995 and is based in Albion, Australia.
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