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

Southern Cross Media
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Price moved on high volume to close lower for the day for SXL [Difficult to Move]
Ease of Movement /
Price moved on high volume to close lower for the day for SXL [Difficult to Move]

SXL: EOM Current Signal -> (1) 22 Jun: BEARISH HARD (2) 21 Jun: BULLISH HARD (3) 20 Jun: NEUTRAL

Southern Cross Media : Detrended Price Oscillator(20) is 0.0728
Detrended Price Oscillator /
Southern Cross Media : Detrended Price Oscillator(20) is 0.0728

[BULLISH]: Southern Cross Media currently has a confirmed uptrend. Price is currently above the displaced moving average for SXL. Currently, the return on DPO20 is 0.4%.

Opening Price /
Southern Cross Media : Daily opening price is $1.275

[BULLISH]: Southern Cross Media opening price has gapped up. Currently, the OPEN is $1.275 (-1.2 %).

Elders Force Index /
Recent trading highlights continued selling pressure is present for SXL

[BEARISH]: Southern Cross Media current price has highlighted recent selling pressure. Currently, the Elders Force Index is -2123.

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

SXL: WMA Current Signal -> (1) 22 Jun: BULLISH (2) 21 Jun: BULLISH (3) 20 Jun: BULLISH

Woodie Pivot Point /
Limit order for a long position has been identified for Southern Cross Media [Bullish]

Southern Cross Media has broken the first Woodie resistance point ($1.282) [Bullish]. Look for a long limit order entry near this point. Exit price for SXL should be set @$1.296 & Stoploss for Southern Cross Media should be set at $1.246

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Price Range /
[Bearish]: Range has decreased for SXL during the last trading session

[BEARISH]: Southern Cross Media current downtrend in the first timeframe. Currently, the Range is $0.025.

DeMark pivot point for SXL is bullish. Stoploss should be positioned @$1.253
Demarks Pivot Points /
DeMark pivot point for SXL is bullish. Stoploss should be positioned @$1.253

Southern Cross Media has broken the first DeMark resistance point ($1.2688) [Bullish]. Look for a long limit order entry near this point. Exit price for SXL should be set @$1.278 & Stoploss for Southern Cross Media should be set at $1.253

[Bullish]: A higher close performance for SXL by 0.4 % achieved during last session
Closing Price /
[Bullish]: A higher close performance for SXL by 0.4 % achieved during last session

SXL: CLOSE Current Signal -> (1) 22 Jun: BULLISH (2) 21 Jun: NEUTRAL (3) 20 Jun: BULLISH

Ulcer Index /
Ulcer index has fallen as the price rises for Southern Cross Media

[BEARISH]: Southern Cross Media UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 3.507.

Simple Moving Average /
[Uptrend]: Recent trading for SXL indicates ST trend is likely to continue

[BULLISH]: Southern Cross Media currently has a confirmed uptrend. Recent trading has caused the SMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is 0.4%.

On Balance Volume /
Market conditions are indicating OBV accumulation is current for SXL

[BULLISH]: Southern Cross Media current price has highlighted recent accumulation. Currently, the OBV is 3.52597e+006.

Southern Cross Media  currently has positive PPO 1.814
Percentage Price /
Southern Cross Media currently has positive PPO 1.814

SXL: PPO Current Signal -> (1) 22 Jun: BULLISH (2) 21 Jun: BULLISH (3) 20 Jun: BULLISH

Daily trading has confirmed an Aroon uptrend (20) for Southern Cross Media
Aroon Oscillator /
Daily trading has confirmed an Aroon uptrend (20) for Southern Cross Media

[BULLISH]: Southern Cross Media has a current ARO(25) of 20. This has change 0 points from yesterday.

MACD /
MACD for Southern Cross Media continues to lose momentum @-0.0017

[BEARISH]: Southern Cross Media currently has negative MACD of -0.0017. This means the signal line is less than the MACD line signalling a bearish movement. Currently, the return on MACD is 4.1%.

Average True Range /
Daily trading has confirmed an ATR downtrend (0.036) for Southern Cross Media

[Bearish]: Average True Range has confirmed an downtrend is present. Southern Cross Media has a TR of 0.025, and an ATR(14) of 0.036.

Rate of Change /
Southern Cross Media has initiated a positive rate of change of 2.008

[BULLISH CROSSOVER]: Southern Cross Media currently has positive rate of change of 2.008%. 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

Stochastic Oscillator (70.6) for SXL is now above the overbought limit
Stochastic Oscillator /
Stochastic Oscillator (70.6) for SXL is now above the overbought limit

[BEARISH]: Southern Cross Media is currently Overbought highlighting the potential for a short term trend reversal in the downward direction.

Price continues to trade above the Sine Weighted Moving Average(5) for SXL
Sine Weighted Moving Average /
Price continues to trade above the Sine Weighted Moving Average(5) for SXL

[BULLISH]: Southern Cross Media currently has a confirmed uptrend. Recent trading has caused the SWMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is 0.4%.

Closing price for Southern Cross Media  has seen buyers win the daily battle for performance @ 0.4%
Close Tod Vs Close Yest /
Closing price for Southern Cross Media has seen buyers win the daily battle for performance @ 0.4%

[BULLISH]: Southern Cross Media buyers are currently keener than sellers and are driving the price up. This is the first day of price rise for SXL adding strength to an uptrend change in the first timeframe. The biggest upward movement this month has been 2.9 & the greatest daily positive change this year has been 6.0. The longest consecutive upswing rally over the last 12 months has been 5 days giving a total rally upward movement of 12.1%. This quarter, the largest upswing rally has been 5 days giving a total rally upward movement of 12.1%. The win ratio for price rise in the first timeframe for the last 12 months is 0.4x giving a total win/loss ratio of 0.9x. Over the last month the average daily upward movement has been 1.700000%

Exponential Moving Average /
[Bullish]: Trend following indicator for SXL highlights upward price direction is likely

[BULLISH]: Southern Cross Media currently has a confirmed uptrend. Recent trading has caused the EMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is 0.4%.

Percentage Volume /
SXL: The return on PVO is 0%.

[BULLISH CROSSOVER]: Southern Cross Media currently has positive PVO 2.75%. The recent volume is gaining momentum through a rise on the short term exponential moving average. Currently, the return on PVO is 0%.

Range Tod Vs Range Yest /
Contracting price range of -28.6% on an down tick day for SXL

[WEAK BULLISH]: Southern Cross Media sellers are becoming less eager. There has been 2 consecutive days of range increase for SXL reducing strength to an uptrend in the first timeframe. The biggest price range this month has been $0.0850 & the greatest daily price range this year has been $0.2950. The price range ratio this week versus the quarterly price range is 0.6x & the price range ratio this month versus the year to date price range is 0.3x.

Southern Cross Media  continues positive divergence & potential shift in direction
Chaikin Money Flow /
Southern Cross Media continues positive divergence & potential shift in direction

[BULLISH]: Southern Cross Media current price has highlighted recent buying pressure and the continuation of a bullish trading conditions. Currently, the CMF is 0.11. SXL received a confirmed CMF crossover days on the Jun 5 2018. The bullish signal has been active for 0 day. During the quarter, the highest CMF value was 0.38 occurring on the Jun 5 2018.

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]

SXL: TMA Recent Trading -> (1) 22 Jun: 1.2530 (2) 21 Jun: 1.2500 (3) 20 Jun: 1.2490

Black Candle /
SXL Basic Candle: Black

[BEARISH]: Southern Cross Media has formed a Black candlestick. Normal selling pressure highlighting sellers were in control.

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