This report is showing a bullsih short term signal, full report in the link.
http://www.buysellsignals.com/10211563
NuPower Resources continues
significant uptrend, soars 12.9%
on high volume
NuPower Resources soared 0.40c (or 12.9%) to close at
3.50c, ending a two-day streak of losses. Compared with
the All Ordinaries index, which rose 24.4 points (or 0.6%)
on the day, this was a relative price change of 12.3%.
BULLISH SIGNALS:
The price advanced 6.1% in the last week and soared 16.7%
in the last month.
This has been propped up by high volume of 3.7 times
average for the week and by firm volume 1.3 times average
for the month.
Compared with the All Ordinaries index which rose 1.1%
for the week and 4.8% for the month, this represented a
relative price increase of 4.9% for the week and 11.9% for
the month.
In the Australian market of 1,255 stocks and 61 units
traded today, the stock has a 6-month relative strength of 87
which means it is beating 87% of the market.
A price rise combined with a high relative strength is a
bullish signal.
The price to 50-day EMAP ratio is 1.1, a bullish indicator.
In the past 50 days this ratio has exceeded 1.1 six times
suggesting further upside. The 50-day EMAP has increased
to 3.22c. An increase is another bullish indicator.
The price to 200-day MAP ratio is 1.05, a bullish indicator.
In the past 200 days this ratio has exceeded 1.05 14 times
suggesting further upside. The stock is trading above both
its MAPs at 3.33c for the 200-day MAP and 3.28c for the 50-
day MAP, another bullish indicator.
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