buyers are back.., page-23

http://buysellsignals.com/StockResearch/StockReport.php?action=daily

RELATIVE VALUATION INDICATORS [RVI] TECHNICAL ANALYSIS
Bullish Signals:
- The price soared 69.2% in the last month.
- This has been propped up by high volume of 3.2 times average for the month.
- In the Australian market of 1,290 stocks and 61 units traded today, the stock has a 6-month relative strength of 99 which means it is beating 99% of the market.
- The price to 50-day EMAP ratio is 1.2, a bullish indicator. In the past 50 days this ratio has exceeded 1.2 28 times suggesting further upside. The 50-day EMAP has increased to 9.32c. 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.
- In the last three months the stock has hit a new 52-week high five times, pointing to an uptrend.
- The price to 200-day MAP ratio is 2.43, a bullish indicator. In the past 200 days this ratio has exceeded 2.43 25 times suggesting further upside. The stock is trading above both its MAPs and the 50-day MAP of 8.56c is higher than the 200-day MAP of 4.52c, another bullish indicator.
- THE STOCK IS OVERSOLD according to the Williams % R indicator of -83.3.

Bearish Signals:
- The price plummeted 8.3% in the last week.
- Compared with the All Ordinaries index which fell 0.1% for the week, this represented a relative price decrease of 8.2% for the week.

Cheers

Sheeza