Prime Television (PRT)

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Prime Television (PRT): Signals

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[NEUTRAL]: Neither buyers are keener than sellers translating to the price remaining flat for Prime Television. This is the first day of neutral price movement for PRT adding strength to indecision in the first timeframe. The longest consecutive number of unchanged days over the last 12 months has been 8 days, of which a total of 2 have occurred this month. The ratio of neutral days against total trading days equals 0x

The only price most market participants look at is the closing price in relation to the previous day’s close. As such the position of the close has the ability to highlight recent performance and indirectly the keenness of traders.

[Calculations] Close Today Versus Close Yesterday (CTCY):
1) [Close] > [Close Yesterday] = Buyers keener than sellers;
2) [Close] < [Close Yesterday] = Sellers keener than buyers;
3) [Close] = [Close Yesterday] = Neither are keener

PROFILE: Prime Television (PRT.AX)

Stock Exchange: ASX
Company: Prime Television
Ticker Codes: | PRT.AX | ASX:PRT |

About Prime Television (ASX:PRT):

Prime Media Group Limited provides commercial television broadcasting services in Australia. The company offers free-to-air television broadcasting services under the PRIME7 and GWN7 brands in the regional New South Wales, the Australian Capital Territory, regional Victoria, the Gold Coast area of Southern Queensland, and regional Western Australia. Prime Media Group Limited is based in Watson, Australia.

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