Sirtex Medical (SRX)

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Sirtex Medical (SRX): Signals

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[NEUTRAL]: Neither buyers are keener than sellers translating to the price remaining flat for Sirtex Medical. There has been 6 consecutive days of no movement SRX adding strength to indecision in the first timeframe. The longest consecutive number of unchanged days over the last 12 months has been 6 days, of which a total of 6 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: Sirtex Medical (SRX.AX)

Stock Exchange: ASX
Company: Sirtex Medical
Ticker Codes: | SRX.AX | ASX:SRX |

About Sirtex Medical (ASX:SRX):

Sirtex Medical Limited, a life-sciences company, develops and delivers oncology treatments using novel small particle technology in the Asia Pacific, Europe, the Middle East and Africa, and North and South America. Its lead product includes SIR-Spheres Y-90 resin microspheres, a targeted radiation therapy for the treatment of liver tumours. The company is headquartered in North Sydney, Australia.

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