The Star Entertainment (SGR.AX)
Trading: SELL @ $4.32
Signal Strength: WEAK
Indicator MUST BE USED in additional to another technical indicator to confirmation for trading position. Indicator can be applied to the short term timeframe but is only able to give and indication of the strength of the buyers versus sellers at the market close. This Japanese candlestick indicator can provide guidance on the short term battle between sellers and buyers from the companies recent trading.
The Star Entertainment (ASX:SGR) has formed a Black candlestick. Normal selling pressure highlighting sellers were in control.
This candlestick implies normal selling pressure and shows that prices declined during the day from open to close and the sellers were in control.
Calculation: Black Candlestick Pattern:
1) The body of the candlestick is black with normal length;
PROFILE: The Star Entertainment (SGR.AX)
Stock Exchange: ASX
Company: The Star Entertainment
Ticker Codes: | SGR.AX | ASX:SGR |
The Star Entertainment Group Limited, an integrated resort company, provides gaming, entertainment, and hospitality services in Australia. The company operates through three segments: Sydney, Gold Coast, and Brisbane. It owns and operates The Star Sydney casino, which includes hotels, apartment complex, restaurants, and bars; The Star Gold Coast casino, which consists of hotel, theatre, restaurants, and bars; and Treasury casino in Brisbane that comprises hotel, restaurants, and bars. The company also manages the Gold Coast Convention and Exhibition Centre. The Star Entertainment Group Limited has a strategic partnership with Chow Tai Fook Enterprises Limited and Far East Consortium International Limited. The company was formerly known as Echo Entertainment Group Limited and changed its name to The Star Entertainment Group Limited in November 2015. The Star Entertainment Group Limited was incorporated in 2011 and is based in Brisbane, Australia.
|MMS Mcmillan Shakespeare||13.21||3.6||903,061||0||BEARISH|
|MVP Medical Developments||4.34||1.2||27,556||0||BEARISH|
|AQG Alacer Gold Corp||3.96||1||184,623||0||BEARISH|
|TLG Talga Gold||0.59||0.9||249,680||0||BEARISH|
|MCY Mighty River Power||3.55||0.9||5,091||-1||BEARISH|
|AZJ Aurizon Holdings||4.49||0.7||10,650,176||-1||BEARISH|