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:

DETREND PRICE OSCILLATOR


Last Signal:

BEARISH


Trading: SELL @ $1.105
Signal Strength: STRONG
Recommendation:

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has the ability to highlight trends across numerous timeframes. This indicator has the ability to smooth historical results to illustrate trend initiation and status. Although this is a simple trend following indicator & can provide good results when coupled with the right indicator. Note, this indicator does not work well in ranging markets producing unwanted whipsaws and false signals.


Southern Cross Media (ASX:SXL) currently has a confirmed downtrend. Price is currently below the displaced moving average for SXL Currently, the return on DPO20 is -2.2%.



The Detrended Price Oscillator (DPO) is an indicator designed to remove trend from price and make it easier to identify cycles. DPO does not extend to the last date because it is based on a displaced moving average. However alignment with the most recent is not an issue because DPO is not a momentum oscillator. Instead DPO is used to identify cycle’s highs/lows and estimate cycle length.

Calculation: Detrended Price Oscillator (DPO):
1) Price (X/2 + 1) periods ago minus X-period simple moving average.
Where X is the number of periods;


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:

Detrended Price Oscillator

Download button icon Download
Company Close Change (%) Volume Value Signal
IRI Integrated Research 2.37 4.4 132,464 0 BULLISH CROSSOVER
PNR Pacific Niugini Minerals 0.17 3.1 586,718 0.02 BULLISH CROSSOVER
DUI Diversified United Investment 4.07 1.8 31,186 0.02 BULLISH CROSSOVER
ATL ASX 20 1.34 1.5 202,466 0 BULLISH CROSSOVER
CDD Cardno 1.02 1.5 131,675 0.01 BULLISH CROSSOVER
SLK Sealink Travel 4.28 1.4 39,931 0.03 BULLISH CROSSOVER
BHP Bhp Billiton 32.36 1 5,350,532 0.01 BULLISH CROSSOVER
GDI GDI Property 1.25 0.4 181,468 0.26 BULLISH CROSSOVER
MVP Medical Developments 4.76 0.2 14,971 0.01 BULLISH CROSSOVER
AQG Alacer Gold Corp 2.3 0 847,422 0 BULLISH CROSSOVER
back to top