Viva Energy Reit (VVR.AX)
WEIGHTED MOVING AVERAGE
Trading: BUY @ $2.17
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 uptrend. Recent trading has caused the WMA 15 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on WMA15 is 0.5%.
Weighted moving averages (WMA) are difficult to construct but more reliable than the simple moving averages. WMA permits an unequal weighting on prior time periods.
Calculation: Weighted Moving Average (WMA):
1) Ft= W1At-1 + WnAt-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.
Weighted Moving AverageDownload
|EMH European Metals Holdings||0.38||18.8||120,674||8.3||BULLISH CROSSOVER|
|AFA ASF||0.16||10.7||10,000||7.6||BULLISH CROSSOVER|
|UOS United Overseas Australia||0.7||6.1||1,000||2.3||BULLISH CROSSOVER|
|MXI Maxitra Industries||0.54||5.9||29,549||4.1||BULLISH CROSSOVER|
|SMN Structural Monitoring Systems||1.1||5.8||33,656||3.8||BULLISH CROSSOVER|
|MGX Mount Gibson Iron||0.48||5.6||1,145,128||3.7||BULLISH CROSSOVER|
|NWH NRW||2.05||5.1||1,094,979||3.3||BULLISH CROSSOVER|
|CDV Cardinal Resources||0.46||4.5||417,540||1.5||BULLISH CROSSOVER|
|IAG Insurance Australia||7.24||3.6||6,338,445||2.4||BULLISH CROSSOVER|
|SHJ Shine Corporate||0.87||3.6||1,503,548||0.3||BULLISH CROSSOVER|