Broadcast Services Australia (BSA)

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Broadcast Services Australia (BSA): Signals

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TECHNICAL ANALYSIS SUMMARY


The range of the bar gives important information about the strength of weakness of a trend. If buyers are very committed they will be keen to buy and will tend to bid the price up even in the face of some selling pressure. Price will quickly & easily move upward and the move will tend to be significant. As such expanding ranges indicate the either buyers or sellers becoming more committed. Alternatively once the range begins to contract the side in control are losing commitment.

Calculation: Range Today Versus Range Yesterday (RTRY):
1) Expanding ranges on the upside indicates that buyers are increasingly eager;
2) Expanding ranges on the downside indicates that sellers are increasingly eager;
3) Contracting ranges on the upside indicates that buyers are becoming less eager;
4) Contracting ranges on the downside indicates that sellers are becoming less eager;


PROFILE: Broadcast Services Australia (BSA.AX)


Stock Exchange: ASX
Company: Broadcast Services Australia
Ticker Codes: | BSA.AX | ASX:BSA |

About Broadcast Services Australia (ASX:BSA):

BSA Limited operates as a technical services contracting company in Australia. The company's Connect segment provides contracting services to the telecommunications, subscription television, and communication industries. Its services include the delivery of bundled services over fixed line multi-technology services and networks; and installation of subscription television. Its Build segment offers design and installation services, such as mechanical, air conditioning, heating and ventilation, refrigeration, and fire services for commercial and industrial buildings. The company's Maintain segment offers maintenance services for commercial and industrial buildings comprising mechanical, air conditioning, heating and ventilation, refrigeration, and fire services. BSA Limited is based in Macquarie Park, Australia.

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