Southern Cross Media (SXL)

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Southern Cross Media (SXL): Signals

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[BEARISH]: Southern Cross Media current price has highlighted recent selling pressure. Currently, the Elders Force Index is -6275.

Elders Force Index (EFI) measures the power behind a price movement using price and volume. The indicator can also be used to identify potential reversals and price corrections. The EFI is an oscillator that fluctuates between positive and negative values above and below a Zero Line.

Calculation: Elders Force Index (EFI):
1) Close – Close yesterday x 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:

Elder's Force Index

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PLS Pilbara Minerals 0.93 5.1 6,819,424 1,086 BULLISH
MLX Metals X 0.59 4.4 3,192,281 31,475 BULLISH
MLD Maca 1.28 4.1 1,110,145 1,123 BULLISH
LVH Livehire 0.64 4.1 107,906 43,124 BULLISH
EZL Euroz 1.27 4.1 22,517 1,332 BULLISH
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