bell potter report, page-6

From Bell Direct - BUY SELL SIGNAL report done each day

BULLISH SIGNALS:
The price climbed 5.4% in the last month.
Compared with the All Ordinaries index which rose 0.9%
for the month, this represented a relative price increase of
4.5% for the month.
In the Australian market of 1,264 stocks and 57 units
traded today, the stock has a 6-month relative strength of 91
which means it is beating 91% of the market.
A price rise combined with a high relative strength is a
bullish signal.
The price to 50-day EMAP ratio is 1.05, a bullish indicator.
In the past 50 days this ratio has exceeded 1.05 29 times
suggesting further upside. The 50-day EMAP has increased
to 46.18c. 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 price to 200-day MAP ratio is 1.15, a bullish indicator.
The stock is trading above both its MAPs and the 50-day
MAP of 45.46c is higher than the 200-day MAP of 42.35c,
another bullish indicator.