Today's Thumping, page-17

SmartTrans Holdings price 12.0% below VWP SmartTrans Holdings Ltd., Australia's 41st largest Software & Services company by market cap, closed unchanged at 4.40c. The price is at a discount of 12.0% to the 1-month volume weighted average price of 5.0c, which may appeal as a value proposition.

Compared with the All Ordinaries Index which fell 3.5 points (or 0.07%) in the day, this represented a relative price increase of 0.1%. The volume was 0.5 times the average trading of 9.2 million shares.

Introduction with Trends We are currently bullish on this stock in the shortterm based on technical indicators,

but are more bearish in the long-term based on fundamental metrics What makes us most bullish on the stock is the following:

In the last three months the stock has hit a new 52-week high six times, pointing to an uptrend.

• The stock is oversold according to the Williams % R indicator of -81.8.

• The price to 200-day MAP ratio is 1.09, a bullish indicator.

• It is beating 87% of the market the past 6 months.