Galaxy Resources (GXY)

Download button icon Download

Galaxy Resources (GXY): Signals

No data currently available.

data-ad-format="auto">

Explore Compare Share

TECHNICAL ANALYSIS SUMMARY

Galaxy Resources (GXY.AX)


Indicator:

ULCER INDEX


Last Signal:

NEUTRAL


Trading: HOLD @ $2.25
Signal Strength: MEDIUM
Recommendation:

Volatility indicators highlight potential moves of a stock which can either move sharply in the updwards or downwards direction. This indicator allows stocks to be compared on a level playing field to highlight high and low volatility. Normally, falling markets are more likely to be volatile than a rising markets due to the emotion that gets tied to trading. Use volatility indicators in conjunction with other indicators to reduce exposure to false moves.


Galaxy Resources (ASX:GXY)


A technical indicator that measures downside risk in terms of both depth and duration of price declines. The Ulcer Index (UI) increases in value as the price moves farther away from a recent high and falls as the price rises to new highs. The indicator is usually calculated over 14 days with the UI showing the percentage drawdown a trader can expect from the high over that period. The greater the value of the UI the longer it takes for a stock to get back to the former high.

Calculation: Ulcer Index:
1) Percentage Drawdown = [(Close - 14-period High Close)/14-period High Close] x 100;
2) Squared Average = (14-period Sum of Percentage Drawdown Squared)/14;
3) Ulcer Index = Square Root of Squared Average;


PROFILE: Galaxy Resources (GXY.AX)


Stock Exchange: ASX
Company: Galaxy Resources
Ticker Codes: | GXY.AX | ASX:GXY |

About Galaxy Resources (ASX:GXY):

Galaxy Resources Limited engages in the production of lithium concentrate, and exploration of minerals in Australia, Canada, and Argentina. The company holds interests in the Sal de Vida brine project in Argentina; the Mt Cattlin spodumene mine in Western Australia; and the James Bay spodumene project in Quebec, Canada. Galaxy Resources Limited is based in Applecross, Australia.

Top 10:

Ulcer Index

Download button icon Download
Company Close Change (%) Volume Value Signal
GZL Gazal Corporation 4.29 19.2 52,882 7.27 BEARISH
IRI Integrated Research 2.49 8.3 567,896 9.92 BEARISH
MCP Mcphersons 1.35 7.2 347,846 6.39 BEARISH
AXP Airxpanders Inc 0.03 6.7 158,933 12.03 BEARISH
AJM Altura Mining 0.17 6.5 2,423,817 16.44 BEARISH
KDR Kidman Resources 1.23 5.2 2,238,007 6.45 BEARISH
FXL Flexigroup 1.36 4.6 589,705 17.31 BEARISH
MNY Money3 1.8 4.4 371,050 13.7 BEARISH
PSQ Pacific Smiles 1.36 3.8 35,462 6.38 BEARISH
EMH European Metals Holdings 0.42 3.8 23,137 6.66 BEARISH
back to top