[NEUTRAL]: Southern Cross Media current trading has closed out Commodity Channel Index to oversold status and signalled the initiation of normal trading conditions. Currently, the CCI is -88. The previous bullish signal was active for 0 day. During the quarter, the lowest CCI value was -191.
The Commodity Channel Index indicator takes a security’s change in price and compares that to its average change in price. CCIs calculation produces positive and negative values that oscillate above and below a Zero Line. Typically a value of 100 is identified as overbought and a reading of -100 is identified as being oversold.
Calculation: 20 Period CCI:
1) CCI = (Typical Price - 20 Period SMA of TP) / (.015 x Mean Deviation);
2) Typical Price (TP) = (High + Low + Close)/3;
PROFILE: Southern Cross Media (SXL.AX)
Stock Exchange: ASX
Company: Southern Cross Media
Ticker Codes: | SXL.AX | ASX:SXL |
Southern Cross Media Group Limited engages in the creation and broadcasting of content on free to air commercial radio, TV, and online media platforms in Australia. The company owns 140 radio stations across 68 markets; and owns 19 regional free to air television licenses that cover 30 regional sub markets. It provides online advertising and integration through approximately 85 Websites; and develops microsites, mobile apps, online videos, and social media campaigns for clients. The company was formerly known as Macquarie Media Group. Southern Cross Media Group Limited is based in South Melbourne, Australia.
Commodity Channel IndexDownload
|RCR RCR Tomlinson||1.13||5.1||1,860,447||-38||BEARISH CROSSOVER|
|RKN Reckon||0.82||4.5||27,679||120||BEARISH CROSSOVER|
|AKP Audio Pixels Holdings||13.86||4.2||7,217||-19||BEARISH CROSSOVER|
|NWH NRW||2.11||3.4||1,482,731||-68||BEARISH CROSSOVER|
|GDI GDI Property||1.34||3.1||1,321,563||114||BEARISH CROSSOVER|
|PLS Pilbara Minerals||0.88||2.9||10,602,176||119||BEARISH CROSSOVER|
|COE Cooper Energy||0.44||2.3||3,724,449||-5||BEARISH CROSSOVER|
|DCN Dacian Gold||2.35||2.2||598,858||118||BEARISH CROSSOVER|
|ADH Adairs||2.39||2.1||698,860||115||BEARISH CROSSOVER|
|DNK Danakali||0.77||2||153,291||136||BEARISH CROSSOVER|