DelphX Capital Markets Inc V.DELX

Alternate Symbol(s): DPXCF

Financial Services Capital Markets

DelphX Capital Markets Inc. is a Canada-based technology and financial services company focused on developing and distributing structured products. The Company’s primary business objective is to develop a global facility for transparent offering, purchase, sale, collection and storage of certain fixed income securities and derivatives, and to manage data, research, analytics, and valuations of such instruments. Through its special purpose vehicle, Quantem LLC, the Company enables fixed income dealers to offer new private placement securities. The Company's securities enable dealers and their qualified institutional investors (QIBs) accounts to structure, sell and make markets in collateralized put options (CPOs) that provide secured rating downgrade protection for underlying corporate bonds and collateralized reference notes (CRNs) that enable investors to take on a capped rating downgrade exposure of an underlying security in exchange for attractive returns.

TSXV:DELX - Post by User

DelphX Capital Markets Inc

<< Previous

Bullboard Posts

Next >>

Post by yukon_goldon Feb 09, 2024 11:01pm

251 Views

Post# 35873509

DelphX Posts Bullish 50-Week & Triple MA Cross Charts

Delphx Capital Markets Inc forms bullish "Triple Moving Average Crossover" chart pattern
Feb 09, 2024

Trading Central has detected a "Triple Moving Average Crossover" chart pattern formed on Delphx Capital Markets Inc (DELX:TSXV). This bullish signal indicates that the stock price may rise from the close of $0.16.

Tells Me: The price is generally in an established trend (bullish or bearish) for the time horizon represented by the moving average periods.

Moving averages are used to smooth out the volatility or "noise" in the price series, to make it easier to discover the underlying trend. By plotting the average price over the last several bars, the line is less "jerky" than plotting the actual prices. In the triple crossover method, a bullish signal is generated when a faster moving average (4 bar) crosses above an intermediate moving average (9 bar), which in turn crosses above a slower moving average (18 bar). In this state, the price is likely in an established uptrend. The opposite is true when the 4 bar crosses below the 9 bar which in turn crosses below the 18 bar, triggering a bearish event.

This bullish pattern can be seen on the following chart and was detected by Trading Central proprietary pattern recognition technology.

Price Chart - Delphx Capital Markets Inc

Delphx Capital Markets Inc forms bullish "Price Crosses Moving Average" chart pattern
Feb 09, 2024

Trading Central has detected a "Price Crosses Moving Average" chart pattern formed on Delphx Capital Markets Inc (DELX:TSXV). This bullish signal indicates that the stock price may rise from the close of $0.16.

Tells Me: The price is generally in an established trend (bullish or bearish) for the time horizon represented by the moving average period (21, 50 or 200 bars).

Moving averages are used to smooth out the volatility or "noise" in the price series, to make it easier to discover the underlying trend. By plotting the average price over the last several bars, the line is less "jerky" than plotting the actual prices. A bullish event is generated when the price crosses above the moving average, and in this state, the price is likely in an established uptrend. The opposite is true when the price crosses below the moving average, triggered a bearish event.

This bullish pattern can be seen on the following chart and was detected by Trading Central proprietary pattern recognition technology.