Southern Cross Media (SXL)

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Southern Cross Media (SXL): Signals

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Summary

[BEARISH]: Southern Cross Media currently has a confirmed downtrend. Recent trading has caused the WMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on WMA5 is 0.0%.



Weighted moving averages (WMA) are difficult to construct but more reliable than the simple moving averages. WMA permits an unequal weighting on prior time periods.

[Calculation] Weighted Moving Average (WMA):
1) Ft= W1At-1 + WnAt-n

Top 10:

Weighted Moving Average

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