Technical analysis from Southern Cross Media (SXL.AX, ASX:SXL) on the Australian Stock Exchange (ASX). Download the latest price data & trading signals

Southern Cross Media
+ Share

Average Directional Index for Southern Cross Media  has signalled a weak trend is active
Average Directional Movement /
Average Directional Index for Southern Cross Media has signalled a weak trend is active

[Weak Trend]: ADX for SXL has confirmed a weak trend is presentSouthern Cross Media has an ATR(14) of 0.032, a DX of 8.57 & an ADX(14) of 17.06

SXL: Long term trend is still an Uptrend
Long Trend /
SXL: Long term trend is still an Uptrend

SXL: Long Term Trend Current Signal -> (1) 20 Oct: BULLISH (2) 19 Oct: BULLISH (3) 18 Oct: BULLISH

Pivot Points /
[Long]: Entry price for SXL should be set @$1.218

Southern Cross Media has broken the first resistance point ($1.218) [Bullish]. Look for a long limit order entry near this point. Exit price for SXL should be set @$1.229 & Stoploss for Southern Cross Media should be set between $1.179 & $1.168

Closing Price /
Southern Cross Media : Closing price is $1.2075 (0.6 %)

[BULLISH]: Southern Cross Media current uptrend in the first timeframe. Currently, the Close is $1.2075.

Simple Moving Average /
Simple Moving Average(5) signal continues for Southern Cross Media indicating upward price movement is likely

[BEARISH]: Southern Cross Media currently has a confirmed downtrend. Recent trading has caused the SMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is 0.6%.

Volume /
[Bearish]: Lower volume has formed for SXL by -40.1 during the last trading session

[BEARISH]: Southern Cross Media current volume downtrend in the first timeframe. Volume for SXL is945681 (-40.1).

Top companies for
Australian Stock Exchange
Advertisment
Accumulation / Distribution /
Southern Cross Media : Accumulation Distribution Line (-4.11133e+006)

[BEARISH]: Southern Cross Media current distribution has given weakness to the share price and the continuation of bearish trading conditions.

Southern Cross Media : Bull Belt-Hold
Bull Belt-Hold /
Southern Cross Media : Bull Belt-Hold

[BULLISH]: Southern Cross Media has formed a new Bull Belt-Hold reversal pattern.

SXL: Aroon oscillator has confirmed a strong downtrend @-52
Aroon Oscillator /
SXL: Aroon oscillator has confirmed a strong downtrend @-52

[BEARISH]: Southern Cross Media has a current ARU(25) of 4 and a current ARD(25) of 56

Fibonacci Extensions /
Southern Cross Media : Look for a short limit order entry @$0

Southern Cross Media has moved above the 161.8% level ($0) [Bearish]. Look for a short limit order entry near this point. Exit price for SXL should be set @$0 & short position stoploss for Southern Cross Media should be set at $0

Moving Average Envelope /
Envelope bands Oversold signal is still current for Southern Cross Media [Bullish]

SXL: Envelope Bands Current Signal -> (1) 20 Oct: BEARISH (2) 19 Oct: BEARISH (3) 18 Oct: BEARISH

MACD /
Southern Cross Media : MACD @0.013000 [Bullish]

[BULLISH]: Southern Cross Media currently has positive MACD of 0.013000. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is 3.5%.

CMF signal weak with further confirmation required for SXL
Chaikin Money Flow /
CMF signal weak with further confirmation required for SXL

SXL: Chaikin Oscillator Recent Trading -> (1) 20 Oct: 0.03 (2) 19 Oct: -0.06 (3) 18 Oct: 0

SXL: The current assets are valued at $0.8460
GROWTH /
SXL: The current assets are valued at $0.8460

Southern Cross Media Key financial metrics: (1) Book Value: $0.8460 (2) Market-to-Book ratio: 1.4243 (3) PEG Ratio: 8.5638

Ease of Movement /
Recent trading was only supported by high volume for Southern Cross Media

SXL: EOM Recent Trading -> (1) 20 Oct: -0.02 (2) 19 Oct: 0.013 (3) 18 Oct: -0.013

High Price /
[Bearish]: Lower high has formed for SXL by -0.4 % during the last trading session

[BEARISH]: Southern Cross Media current downtrend in the first timeframe. Currently, the HIGH is -0.4 %.

Piercing /
A Piercing Pattern (Bullish) candlestick pattern has been detected for Southern Cross Media (SXL).

Southern Cross Media (SXL): Reversal (Strong) Candlestick - Current Signal -> (1) 20 Oct: BULLISH (2) 19 Oct: NEUTRAL (3) 18 Oct: NEUTRAL

The TMA trend following signal is still current for Southern Cross Media  [Bullish]
Triangular Moving Average /
The TMA trend following signal is still current for Southern Cross Media [Bullish]

[BULLISH]: Southern Cross Media currently has a confirmed uptrend. Recent trading has caused the TMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is 0.6%.

Southern Cross Media : Range Performance (25)
Range Tod Vs Range Yest /
Southern Cross Media : Range Performance (25)

[BEARISH]: Southern Cross Media sellers are increasingly eager. This is the first day sellers have increasing eagerness for SXL adding strength to a downtrend in the first timeframe. The biggest price range this month has been $0.132 & the greatest daily price range this year has been $0.48. The price range ratio this week versus the quarterly price range is 0.3x & the price range ratio this month versus the year to date price range is 0.3x.

Volume MACD oscillator remains negative for SXL
MACD Volume /
Volume MACD oscillator remains negative for SXL

[BEARISH]: Southern Cross Media currently has negative Volume MACD of -184203. This means the signal line is less than the Volume MACD line signalling a bearish movement.

Short Trend /
Southern Cross Media : Daily Downtrend has been confirmed

[BEARISH]: Southern Cross Media is in a downtrend in the short term timeframe. The current rally number is 1 & the highest rally count for the LTM is 4

Elders Force Index /
Elders Force Index (10043) has signalled buying pressure has initiated for SXL

[BULLISH]: Southern Cross Media current price has highlighted recent buying pressure. Currently, the Elders Force Index is 10043.

Rate of Change /
ROC continues to rise for Southern Cross Media signalling an uptrend will persist

[BULLISH]: Southern Cross Media currently has positive rate of change of 1.5%. This means the current price is greater than the price 14 days ago and therefore gaining momentum & is a leading indicator of price movement in the upward direction

Opening Price /
Price for SXL has opened weaker than close of the previous trading session

SXL: OPEN Current Signal -> (1) 20 Oct: BEARISH (2) 19 Oct: BULLISH (3) 18 Oct: BEARISH

Ulcer index has increased in stress level for SXL & high drawdown is expected
Ulcer Index /
Ulcer index has increased in stress level for SXL & high drawdown is expected

[BULLISH]: Southern Cross Media UIX index implies that the downside risk of the current trading price is high. Currently, the UIX is 9.164.

Limit order for a long position has been identified for Southern Cross Media  @$0)
Fibonacci Fans /
Limit order for a long position has been identified for Southern Cross Media @$0)

Southern Cross Media : The current Fibonacci Fan levels are: (23.61%) $2.02: (38.2%) $2.07: (50%) $2.11: (61.8%) $2.14The current support levels are: (78.6%) $2.2: (100%) $2.25: (138.2%) $2.38: (161.8%) $2.45: (261.8%) $2.75: (423.61%) $3.25

Close Reversal /
A short term Close Reversal has formed with Southern Cross Media

[BULLISH]: A short term Close Reversal has formed with Southern Cross Media which confirms the presence of a bullish bar reversal. Over the last 12 months there have been 3 occurrences of this bar reversal giving a signal probability of 1.1%.

See More   See more results
Advertisment
Advertisment
back to top