ccu falls in four out of last five days

Cobar Consolidated Resources falls in four out of last five days, for a 5-day fall of 7.7% December 22, 2009

Cobar Consolidated Resources (CCU.AU) fell 1.0c (or 4.0%). The stock fell in four out of last 5 trading days, for a 5-day fall of 7.7% to close at 24.0c. Compared with the All Ordinaries index, which rose 57.2 points (or 1.2%) on the day, this was a relative price change of -5.2%.

TECHNICAL ANALYSIS
Significant Downtrend
Price Volume Trend: the price crashed 34.2% in the last month. This has been exacerbated by firm volume of 1.3 times average for the month.
Relativities: today its percentile rank in the Australian market was 14.
Support: the support price is hovering at the 23.0c level. Volume traded at the weak support price zone was 0.8 time average during the single occasion when the support price was breached. In the last one month the first low was at 23.0c on Dec 18.
Resistance: in the last one month the highest was at 38.0c on Dec 02, the second advance halted at 38.0c on Dec 01.

PRICE VOLUME DYNAMICS
Volatility: the stock traded between an intraday high of 25.0c and a two-day low of 24.0c, suggesting a trading opportunity between peaks and troughs.
Moving average price (MAP): the price to 200-day MAP ratio is 1.6, a bullish indicator. The 50-day MAP of 28.0c is higher than the 200-day MAP of 15.0c, another bullish indicator.
Relativities: in the Australian market of 1,345 stocks traded today, the stock has a 6-month relative strength of 97 which means it is outperforming 97% of the market.
Volume: there were 102,000 shares worth $25,295 traded. The volume was 0.2 times average trading of 679,682 shares.
% Discount to high: the last price is at a discount of 43.5% to the 12-month high of 42.50c one month ago on 13 Nov, 2009.
Volume weighted price (VWP): the price is at a discount of 22.9% to the 1-month volume weighted average price of 31.0c, which may appeal as a value proposition.

RELATIVE VALUATION INDICATORS [RVI] FUNDAMENTAL ANALYSIS
Bullish Signals:
- The Price to Book of 3.1 lower than average of 10.6 for the Total Australian Market.
Bearish Signals:
- Price/Sales of 654.72 versus sector average of 14.5 and market average of 14.5.
- Return on Equity of -14.7% versus sector average of 18.4% and market average of 18.3%.
- Return on Assets of -14.5% versus sector average of 7.6% and market average of 6.7%.

RELATIVE VALUATION INDICATORS [RVI] TECHNICAL ANALYSIS
Bullish Signals:
- In the Australian market of 1,345 stocks traded today, the stock has a 6-month relative strength of 97 which means it is beating 97% of the market.
- The 50-day MAP of 28.0c is higher than the 200-day MAP of 15.0c.
- In the last three months the stock has hit a new 52-week high ten times, pointing to a significant uptrend.
Bearish Signals:
- The price crashed 34.2% in the last month.
- This has been exacerbated by firm volume of 1.3 times average for the month.

FUNDAMENTALS
P/S: the price/sales ratio is 654.7.
Price to cash: the price to cash backing per share is 3.1.

ISSUED CAPITAL
Based on 117,939,316 issued shares the market capitalisation is $28.3 million. It is Australia's 763rd largest Metals/Mining company by total revenue.

Source: www.BuySellSignals.com