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:

ULCER INDEX


Last Signal:

BEARISH


Trading: SELL @ $1.165
Signal Strength: MEDIUM
Recommendation:

Volatility indicators highlight potential moves of a stock which can either move sharply in the updwards or downwards direction. This indicator allows stocks to be compared on a level playing field to highlight high and low volatility. Normally, falling markets are more likely to be volatile than a rising markets due to the emotion that gets tied to trading. Use volatility indicators in conjunction with other indicators to reduce exposure to false moves.


Southern Cross Media (ASX:SXL) UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 3.885.



A technical indicator that measures downside risk in terms of both depth and duration of price declines. The Ulcer Index (UI) increases in value as the price moves farther away from a recent high and falls as the price rises to new highs. The indicator is usually calculated over 14 days with the UI showing the percentage drawdown a trader can expect from the high over that period. The greater the value of the UI the longer it takes for a stock to get back to the former high.

Calculation: Ulcer Index:
1) Percentage Drawdown = [(Close - 14-period High Close)/14-period High Close] x 100;
2) Squared Average = (14-period Sum of Percentage Drawdown Squared)/14;
3) Ulcer Index = Square Root of Squared Average;


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:

Ulcer Index

Download button icon Download
Company Close Change (%) Volume Value Signal
ZIM Zimbabwe Platinum Mines 8.5 15.6 3,496 8.1 BEARISH
SAS Sky And Space Global 0.03 7.4 1,536,383 7.7 BEARISH
TPE Tpi Enterprises 1.06 7.1 2,063,642 20.17 BEARISH
EMH European Metals Holdings 0.3 7.1 10,000 6.78 BEARISH
SYR Syrah Resources 1.05 6.1 5,208,632 6.7 BEARISH
REG Rg Capital Radio 3.5 5.7 383,184 21.96 BEARISH
EHE Estia Health 2.85 4.4 2,186,345 11.41 BEARISH
AJX Alexium International 0.12 4.3 5,479 8.21 BEARISH
AGI Ainsworth Game Technology 0.88 4.2 270,881 5.11 BEARISH
GTN GTN Resources 1.28 4.1 1,557 5.36 BEARISH
back to top