Southern Cross Media (SXL)

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Southern Cross Media (SXL): Signals

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Summary

[BEARISH]: Southern Cross Media currently has negative rate of change of -3.462%. This means the current price is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is 0.4%.



Rate of Change (ROC) is a refinement of Momentum - readings fluctuate as percentages around the zero line. The indicator is designed for use in ranging markets - to detect trend weakness and likely reversal points. However when combined with a trend indicator it can be used in trending markets.

[Calculation] Rate of Change (ROC):
1) (Closing Price [today] - Closing Price [n days ago]) / Closing Price [n days ago] * 100

Top 10:

Rate of Change

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