|Position||Trades||Duration||Win rate||Win/loss||Avg win||Avg loss||Return|
|Position||Trades||Duration||Win Rate||Win/Loss||Avg Win||Avg Loss||Return|
Viva Energy Reit (VVR.AX)
SIMPLE MOVING AVERAGE
Trading: SELL @ $2.66
Signal Strength: STRONG
Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has the ability to highlight trends across numerous timeframes. This indicator has the ability to smooth historical results to illustrate trend initiation and status. Although this is a simple trend following indicator & can provide good results when coupled with the right indicator. Note, this indicator does not work well in ranging markets producing unwanted whipsaws and false signals.
Viva Energy Reit (ASX:VVR) currently has a confirmed downtrend. This means the SMA 15 day average has moved below the closing price confirming the short term trend following indicator. Currently, the return on SMA15 is -1.5%.
A simple moving average is formed by computing the average price of a security over a specific number of periods. Most moving averages are based on closing prices.
Calculation: Simple Moving Average:
1) SMA: n period sum / n;
PROFILE: Viva Energy Reit (VVR.AX)
Stock Exchange: ASX
Company: Viva Energy Reit
Ticker Codes: | VVR.AX | ASX:VVR |
Viva Energy REIT was established in August 2016 as the owner of an initial portfolio of 425 service station sites located across Australia; since this time the property portfolio has increased to 437 sites via the acquisition of additional properties. Viva Energy REIT is Australia's largest listed REIT owning solely service station properties with a high quality portfolio of service stations across all Australian States and Territories.
|TWR Tower||0.65||3.2||12,833||-0.8||BEARISH CROSSOVER|
|EZL Euroz||1.06||1.9||35,991||-0.1||BEARISH CROSSOVER|
|API Australian Pharmaceutical||1.43||1.8||1,317,287||-0.8||BEARISH CROSSOVER|
|WAF West African Resources||0.42||1.2||2,739,579||-2.4||BEARISH CROSSOVER|
|CBA Commonwealth Bank||80.83||1||3,219,212||-1.9||BEARISH CROSSOVER|
|FXL Flexigroup||2.12||1||480,274||-1.1||BEARISH CROSSOVER|
|REH Reece Australia||10.52||0.6||349,013||-0.2||BEARISH CROSSOVER|
|IPH Ipoh||8.05||0.5||436,072||-1.4||BEARISH CROSSOVER|
|SYD Sydney Airport||8.92||0.3||5,084,527||-0.6||BEARISH CROSSOVER|
|RRL Regis Resources||4.5||0.2||2,090,999||-0.8||BEARISH CROSSOVER|