Southern Cross Media

Candlestick Daily volume index Bar reversal Edit

Backtest results

Position Trades Duration Win rate Win/loss Avg win Avg loss Return
Long 10 4.5 20% 25% 1.6% -0.8% -3.4%
Short 5 4.2 40% 67% 1.9% -3.2% -5.9%

What indicators would you like to backtest?

Trading Performance

Simple Moving Average

Score

0.5

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 31 12.9 0.35% 0.55% 5.0% -2.2% 10.8%
SHORT 31 12.8 0.39% 0.57% 3.3% -1.4% 10.3%

Summary

Technical Analysis

Southern Cross Media (SXL.AX)


Indicator:

SIMPLE MOVING AVERAGE


Last Signal:

BULLISH


Trading: BUY @ $1.245
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 uptrend. This means the SMA 15 day average has exceeded the closing price confirming the short term trend following indicator. Currently, the return on SMA15 is 0.8%.



A simple moving average is formed by computing the average price of a security over a specific number of periods. Most moving averages are based on closing prices.

Calculation: Simple Moving Average:
1) SMA: n period sum / n;


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:

Simple Moving Average

Download
Company Close Change(%) Volume Value Signal
MOC Mortgage Choice 0.91 14.5 663,230 7.3 BULLISH CROSSOVER
MPL Medibank Private 3.21 11.5 23,800,298 10.3 BULLISH CROSSOVER
GNG GR Engineering Services 0.95 9.8 41,600 1.8 BULLISH CROSSOVER
EMH European Metals Holdings 0.41 9.3 135,933 4.8 BULLISH CROSSOVER
WBC Westpac Banking Corporation 27.75 9.2 24,404,464 2.5 BULLISH CROSSOVER
ALK Alkane Exploration 0.24 9.1 1,447,163 7 BULLISH CROSSOVER
AHG Advance Healthcare 2.55 9 1,585,387 6.6 BULLISH CROSSOVER
OVH Onevue Holdings 0.49 8.9 426,122 8 BULLISH CROSSOVER
NAB National Australia Bank 25.81 7.9 23,451,421 1.9 BULLISH CROSSOVER
ANZ Australia & Banking 27.86 7.8 14,554,708 2.7 BULLISH CROSSOVER