Tabcorp Holdings (TAH)

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Tabcorp Holdings (TAH): Signals

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TECHNICAL ANALYSIS SUMMARY


The only price most market participants look at is the closing price in relation to the previous day’s close. As such the position of the close has the ability to highlight recent performance and indirectly the keenness of traders.

[Calculations] Close Today Versus Close Yesterday (CTCY):
1) [Close] > [Close Yesterday] = Buyers keener than sellers;
2) [Close] < [Close Yesterday] = Sellers keener than buyers;
3) [Close] = [Close Yesterday] = Neither are keener


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.

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