Troy Resources Ltd (TRY.AX)
0.125 +0.005 (+4.17%) 12/10/18 [ASX]
BARCHART OPINION for Mon, Dec 10th, 2018
Overall Average:
40% BUY
Overall Average Signal calculated from all 13 indicators. Signal Strength is a long-term measurement of the historical strength of the Signal, while Signal Direction is a short-term (3-Day) measurement of the movement of the Signal. 0
Barchart Opinion
Column 1
Column 2
Column 3
Column 4
Column 5
0
Composite Indicator
Signal
Strength
Direction
1
TrendSpotter
BUY
Weak
Strongest
2
Short Term Indicators
3
7 Day Average Directional Indicator
BUY
Minimum
Weakest
4
10 - 8 Day Moving Average Hilo Channel
HOLD
Bullish
5
20 Day Moving Average vs Price
BUY
Minimum
Strongest
6
20 - 50 Day MACD Oscillator
BUY
Strong
Weakest
7
20 Day Bollinger Bands
HOLD
Bullish
8
20 - Day Average Volume: 988,463
Average: 60% BUY
Once UBB breaks at 14.0 and 2 week MA breaks (13-14), then short term should go 100% bullish again with run to 18c again.
Morningstar upgrade to 18c is positive.
Then the fundamentals should kick in as to FCF PER projected earning 2019 etc
and the comparisons to DRM GUY SLR PRU RSG RSM will need to be made.
TRY Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held