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Momentum Companies Data

Companies with Positive Price Momentum as per Technical Indicators

Total Companies : 17

AUD 599/Month

About the screener


Momentum companies' data aims to reflect the companies trading with positive momentum. The key technical indicators and price parameters used for this screen include Relative Strength Index (RSI), Simple Moving Averages (SMAs), Moving Average Convergence/ Divergence (MACD), Directional Movement Index (DMI), Volume and Beta.

The RSI indicates price momentum and signals momentum in trend. A reading of 70 or above suggests overbought status, while a reading of 30 or below suggests an oversold status. Similarly, SMA helps identify existing price trends. If the stock price trade above the 21-period SMA, then it suggests prices are currently in a bullish trend and vice–versa. MACD is a momentum oscillator used for indicating trends and not to recognise oversold or overbought status. MACD reflects two lines on the chart which swing without margins. If the two lines crossover, it indicates trading signals alike two-moving average system.

When all the above-mentioned technical parameters are combined, it helps reflect shares either in positive or negative momentum. This data screen of Sivastatz is a form of Positive Price Momentum Companies’ screener to identify potential opportunities in this space.

Frequently Asked Questions (FAQs)

Q. What is momentum trading?

Ans. Momentum trading involves taking advantage of upward or downward trends in a stock and taking position accordingly. It involves taking high-risk as stocks might be in good momentum technically but might have strong fundamentals.

Q. How are momentum stocks identified?

Ans. A stock is in momentum if the price differences for a fixed time interval as measured are moving in the same direction. For instance, developing a 20-day momentum line requires that the closing price of a stock 20 days ago is reduced from the last closing price. The value then can be shown near a zero line.

Q. Does this screen show companies’ data from a particular sector?

Ans. No, this screen includes companies from across the sectors and market capitalization.

Q. What do the Consensus Ratings and Consensus Mean Target Price of a company indicate?

Ans. The consensus mean target is deduced using statistical averages of broker estimates determined to be on the majority accounting basis and is provided by the licensed data provider. The price target is the projected price level forecasted by the respective analyst(s) within a specific time horizon.

The mean consensus rating is based on the data provided by the licensed data provider. The Consensus Rating is based on the Standard Scale of 1) Strong Buy, 2) Buy, 3) Hold, 4) Sell, and 5) Strong Sell.

Q. How many companies are shown on this screen?

Ans. This screen may include 10-20 companies, and the companies’ data screen is updated every week.

 

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Ticker Company Name GICS Sector Market Capitalization (AUD mn) Close Price (AUD) Daily Volume Mean Consensus Rating Consensus Mean Target (AUD) Analyst Coverage (Total) Support Level* Resistance Level* RSI Winder Smoothing - 14 Days MACD Histogram 20-day SMA (AUD) 50-day SMA (AUD)
SVW.AX

Seven Group Holdings Ltd

Industrials 13,827.16 38.03 1,036,657 BUY 40.144 8 36.92 39.95 52.6 -0.123734 37.79 36.59
XYZ.AX

XYZ Banking Corp

XYZ Banks 100,972.21 230.93 260.38 31.69 21.5% 22.5% 3.0% 12,005 11.2% 12,689 11.2 12,689
XYZ.AX

XYZ Banking Corp

XYZ Banks 100,972.21 230.93 260.38 31.69 21.5% 22.5% 3.0% 12,005 11.2% 12,689 11.2 12,689
XYZ.AX

XYZ Banking Corp

XYZ Banks 100,972.21 230.93 260.38 31.69 21.5% 22.5% 3.0% 12,005 11.2% 12,689 11.2 12,689
XYZ.AX

XYZ Banking Corp

XYZ Banks 100,972.21 230.93 260.38 31.69 21.5% 22.5% 3.0% 12,005 11.2% 12,689 11.2 12,689
XYZ.AX

XYZ Banking Corp

XYZ Banks 100,972.21 230.93 260.38 31.69 21.5% 22.5% 3.0% 12,005 11.2% 12,689 11.2 12,689
XYZ.AX

XYZ Banking Corp

XYZ Banks 100,972.21 230.93 260.38 31.69 21.5% 22.5% 3.0% 12,005 11.2% 12,689 11.2 12,689
XYZ.AX

XYZ Banking Corp

XYZ Banks 100,972.21 230.93 260.38 31.69 21.5% 22.5% 3.0% 12,005 11.2% 12,689 11.2 12,689
XYZ.AX

XYZ Banking Corp

XYZ Banks 100,972.21 230.93 260.38 31.69 21.5% 22.5% 3.0% 12,005 11.2% 12,689 11.2 12,689
XYZ.AX

XYZ Banking Corp

XYZ Banks 100,972.21 230.93 260.38 31.69 21.5% 22.5% 3.0% 12,005 11.2% 12,689 11.2 12,689
XYZ.AX

XYZ Banking Corp

XYZ Banks 100,972.21 230.93 260.38 31.69 21.5% 22.5% 3.0% 12,005 11.2% 12,689 11.2 12,689
XYZ.AX

XYZ Banking Corp

XYZ Banks 100,972.21 230.93 260.38 31.69 21.5% 22.5% 3.0% 12,005 11.2% 12,689 11.2 12,689

*Support and resistance levels are based on the daily Pivot Points and may change based on the particular day's High, Low and Close prices.

^Broker estimates for upcoming fiscal year

NA' represents 'Not Available'

Source: Data Powered by Licensed Source, Data as of 28 February 2024. The above stocks data is updated on a weekly basis. The above screen might include stocks in the range of 10-20

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