The Star Entertainment (SGR)

Download button icon Download

The Star Entertainment (SGR): Signals

No data currently available.

data-ad-format="auto">

Explore Compare Share

TECHNICAL ANALYSIS SUMMARY

The Star Entertainment (SGR.AX)


Indicator:

MARKET FACILITATION INDEX


Last Signal:

REDUCE


Trading: REDUCE @ $4.43
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.


The Star Entertainment (ASX:SGR) Currently is a confirmed Fade Day.



The Market Facilitation Index is designed for evaluation the willingness of the market to move the price. The indicators absolute values alone cannot provide any trading signals unlike its dynamics in relation to the dynamics of the volume.

Calculation: Bill Williams Market Facilitation Index:
1) Green bar - both MFI and volume are up. Increasing trading activity means market movement acceleration;
2) Blue bar - MFI indicator is up volume is down. The movement is continuing although the volume has dropped. The trend will soon be reversing;
3) Pink bar - MFI indicator is down volume is up. The slowing down movement while volume is raising may indicate a possible break through often a U-turn;
4) Brown bar - both MFI and volume are down. The market is no longer interested in the current direction and is looking for signs of a future development;


PROFILE: The Star Entertainment (SGR.AX)


Stock Exchange: ASX
Company: The Star Entertainment
Ticker Codes: | SGR.AX | ASX:SGR |

About The Star Entertainment (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.

Top 10:

Bill Williams Market Index

Download button icon Download
Company Close Change (%) Volume Value Signal
EDE Eden Energy 0.08 16.9 25,070,313 0 NEUTRAL
APX Appen 12.46 11.5 1,806,225 0 NEUTRAL
FIG Freedom Insurance 0.06 9.3 846,374 0 NEUTRAL
MOY Millennium Minerals 0.2 8.1 273,345 0 NEUTRAL
TZN Terramin Australia 0.14 8 359,269 0 NEUTRAL
EWC Energy World Corporation 0.17 6.5 13,824 0 NEUTRAL
ELD ELD 7.44 5.5 1,017,702 0 NEUTRAL
RRL Regis Resources 4.36 5.1 2,623,260 0 NEUTRAL
KGN Kogan 2.78 4.9 695,737 0 NEUTRAL
EBO Ebos 20.26 4.7 565 0 NEUTRAL
back to top