Southern Cross Media (SXL)

Download button icon Download

Southern Cross Media (SXL): Signals

No data currently available.

data-ad-format="auto">

Explore Compare Share

TECHNICAL ANALYSIS SUMMARY

Southern Cross Media (SXL.AX)


Indicator:

CHAIKIN MONEY FLOW


Last Signal:

BEARISH


Trading: SELL @ $1.3
Signal Strength: MEDIUM
Recommendation:

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading exit. Indicator can be applied to the short/medium term timeframe, but the best results are obtained with larger cyclical swings in-line with the trend direction. This accumulation / distribution oscillator can provide guidance on the money flow direction from the companies recent trading.


Southern Cross Media (ASX:SXL) current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.08. SXL.AXThe bearish signal has been active for 0 day. During the quarter, the lowest CMF value was -0.18 occurring on the Aug 30 2018.


Developed by Marc Chaikin, Chaikin Money Flow measures the amount of Money Flow Volume over a specific period. Money Flow Volume forms the basis for the Accumulation Distribution Line. Instead of a cumulative total of Money Flow Volume, Chaikin Money Flow simply sums Money Flow Volume for a specific look-back period, typically 20 or 21 days. The resulting indicator fluctuates above/below the zero line just like an oscillator. Chartists weigh the balance of buying or selling pressure with the absolute level of Chaikin Money Flow. Chartists can also look for crosses above or below the zero line to identify changes on money flow.

Calculation: Chaikin Money Flow (20):
1) Money Flow Multiplier = [(Close - Low) - (High - Close)] / (High - Low);
2) Money Flow Volume = Money Flow Multiplier x Volume for the Period;
3) 20-period CMF = 20-period Sum of Money Flow Volume / 20 period Sum of Volume;


PROFILE: Southern Cross Media (SXL.AX)


Stock Exchange: ASX
Company: Southern Cross Media
Ticker Codes: | SXL.AX | ASX:SXL |

About Southern Cross Media (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.

Top 10:

Chaikin Money Flow

Download button icon Download
Company Close Change (%) Volume Value Signal
CLQ Clean Teq Holdings 0.53 9.4 1,474,360 -0.24 BEARISH
FIG Freedom Insurance 0.1 8.8 4,056,181 -0.44 BEARISH
GSC Global Geoscience 0.29 7.4 9,109,772 -0.05 BEARISH
SAS Sky And Space Global 0.06 6.8 5,033,947 -0.27 BEARISH
EVO Evolve Education 0.48 5.6 5,000 -0.13 BEARISH
RAP Resapp Health 0.21 5 3,175,366 -0.36 BEARISH
SBM St Barbara Mines 3.42 3.6 9,719,960 -0.15 BEARISH
SPO Spotless Holdings 1.34 3.1 39,174 -0.8 BEARISH
FBR Fastbrick Robotics 0.17 3 381,098 -0.3 BEARISH
ALU Altium 26.72 3 447,759 -0.08 BEARISH
back to top