Many technical indicators suggest SGH is currently in an oversold territory. In my view, impacts of a good half yearly would be explosive.
https://mtptnews.com/share-focus-checking-the-indicators-on-slater-gordon-limited-sgh-ax/23643/
“ At the time of writing, the 14-day ADX for Slater & Gordon Limited (SGH.AX) is standing at 26.52. Many chart analysts believe that an ADX reading over 25 would suggest a strong trend.
Presently, Slater & Gordon Limited (SGH.AX)’s Williams Percent Range or 14 day Williams %R is resting at -83.33. A reading between -80 to -100 may be typically viewed as strong oversold territory.
Slater & Gordon Limited (SGH.AX) presently has a 14-day Commodity Channel Index (CCI) of -93.81.The CCI may be used to spot if a stock is entering overbought (+100) and oversold (-100) territory.
Shifting gears to the Relative Strength Index, the 14-day RSI is currently sitting at 46.39, the 7-day is 44.46, A reading under 30 would indicate oversold conditions.”
- Forums
- ASX - By Stock
- SGH
- Where are they now?
Where are they now?, page-36
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)