a chartist view

I thought you might find this of interest (click on the link for more details)

http://au.stoxline.com/q_au.php?symbol=ado&c=ax

Price and moving averages

Price and moving averages has closed above its Short term moving average. Short term moving average is currently above mid-term; AND above long term moving averages. From the relationship between price and moving averages; we can see that: This stock is BULLISH in short-term; and BULLISH in mid-long term.

Bollinger Bands

ADO.AX has closed above the upper band by 16.1%. If the price is in a uptrend; then this upward trend has a good chance to continue. above the upper band by 16.1%. If price is in a uptrend band; this upward trend in price might continue. However a short term pullback inside the band is likely.Bollinger Bands are 78.8% wider than normal. The large width of the bands suggest high volatility as compared to ADO.AX's normal range. The bands have been in this wide range for 0 bars. This is a sign that the current trend might continue.