still looking strong, page-17

http://www.buysellsignals.com/BuySellSignals/report/Australia/Stock/PDF/Daily/Australia_pdf_807.pdf

Exco Resources strengthens above Exponential Moving Average Price 12-day EMAP outperforms 26-day EMAP
Exco Resources, Australia's 109th largest materials company by market capitalisation, has strengthened above its trend. The MACD indicator (12 day EMA-26 day EMA) is positive, a bullish signal. In the past 26 days this indicator was positive for 23 days, suggesting further upside. The stock price advanced 3.50c (or 6.5%) to close at 57.0c, ending a two-day streak of losses. Compared with the All Ordinaries index, which rose 5.3 points (or 0.1%) on the day, this was a relative price change of 6.4%.


RELATIVE VALUATION INDICATORS - RVI - FUNDAMENTAL ANALYSIS
Bearish Signals:
The Price to Book of 3.4 higher than average of 2.7 for the Materials sector and 2.6 for the Total Australian Market.



RELATIVE VALUATION INDICATORS - RVI - TECHNICAL ANALYSIS
Bullish Signals:
The price surged 8.6% in the last week and soared 18.8% in the last month.
This has been propped up by robust volume of 2.0 times average for the week and by firm volume 1.6 times average for the month.
Compared with the All Ordinaries index which rose 0.6% for the week and 4.9% for the month, this represented a relative price increase of 7.9% for the week and 13.8% for the month.
In the Australian market of 1,292 stocks and 74 units traded today, the stock has a 6-month relative strength of 97 which means it is beating 97% of the market.
A price rise combined with a high relative strength is a bullish signal.
The price to 50-day EMAP ratio is 1.4, a bullish indicator. In the past 50 days this ratio has exceeded 1.4 19 times suggesting further upside. The 50-day EMAP has increased to 43.0c. An increase is another bullish indicator.
The Moving Average Convergence Divergence (MACD) indicator of 12-day Exponential Moving Average (EMA) minus the 26-day EMA is positive suggesting a bullish signal. Both the 12-day EMA as well as the 26-day EMA are rising, another bullish signal.
The stock is trading above both its MAPs and the 50-day MAP of 41.0c is higher than the 200-day MAP of 29.0c.
The 200-day MAP has increased to 29.0c.
In the last three months the stock has hit a new 52-week high twelve times, pointing to a significant uptrend.



PRICE VOLUME DYNAMICS
Volatility
The stock traded between an intraday low of 53.50c and two-day high of 58.0c, suggesting a trading opportunity between peaks and troughs. Today its volatility of 8.4% was 6.3 times its average volatility of 1.3%. A price rise on high volatility is a bullish signal.

Volume and turnover period
There were 815,017 shares worth $458,901 traded. The volume was 1.3 times average trading of 637,349 shares. The turnover rate in the 12 months to date was 48.7% (or a turnover period of 2 years 18 days).

% Discount to high
The last price is at a discount of 4.2% to the 12-month high of 59.50c two-days ago on 21 Sep, 2010.