Tabcorp Holdings (TAH)

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Tabcorp Holdings (TAH): Signals

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TECHNICAL ANALYSIS SUMMARY


The relative strength index (RSI) is a momentum indicator developed by noted technical analyst Welles Wilder which compares the magnitude of recent gains and losses over a specified time period to measure speed and change of price movements of a security. It is primarily used to attempt to identify overbought or oversold conditions in the trading of an asset.

Calculation: Relative Strength Index (RSI):
1) RSI = 100 - 100 / (1 + RS);
2) RS = Average Gain / Average Loss;


PROFILE: Tabcorp Holdings (TAH.AX)


Stock Exchange: ASX
Company: Tabcorp Holdings
Ticker Codes: | TAH.AX | ASX:TAH |

About Tabcorp Holdings (ASX:TAH):

Tabcorp Holdings Limited, together with its subsidiaries, provides gambling and entertainment services in Australia. It operates through three segments: Wagering and Media, Keno, and Gaming Services. The Wagering and Media segment conducts wagering activities under the TAB brand in Victoria, New South Wales (NSW), and the Australian Capital Territory (ACT) through a network of agencies, hotels, and clubs; provides on-course totalizators at thoroughbred, harness, and greyhound metropolitan and race meetings, as well as through Internet, mobile devices, phone, and pay TV; and offers totalizator and fixed odds betting products on racing and sporting events. This segment also operates Luxbet, a racing, sport, and novelty product bookmaking service by phone, Internet, and mobile devices; and Trackside, a computer simulated racing product in Victoria, NSW, and the ACT, as well as licenses Trackside. In addition, it operates three Sky Racing television channels broadcasting thoroughbred, harness and greyhound racing, and other sports; and Sky Sports radio network in NSW and the ACT. The Keno segment operates licensed venues and TABs in Victoria, Queensland, the ACT, and NSW. The Gaming Services segment supplies electronic gaming machines and gaming systems, as well as offers specialized services to licensed gaming venues, including monitoring services. Tabcorp Holdings Limited was founded in 1994 and is based in Melbourne, Australia.

Top 10:

Relative Strength Index

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