Sundance Resources (SDL.AU), Australia's 40th largest metals/mining company by market capitalisation, closed unchanged at 18.0c. The price is at a discount of 3.6% to the 1-month volume weighted average price of 19.0c, which may appeal as a value proposition. The stock was unchanged for a second day on Tuesday. Compared with the All Ordinaries index, which fell 16.8 points (or 0.4%) on the day, this was a relative price change of 0.4%.
Price Change % 2-day 1-month 1-year SDL Unchanged 16.1% -21.7% Metals & Mining -0.7% -0.7% All Ordinaries Index 7.8% -13.2%
PRICE VOLUME DYNAMICS Volatility: the stock traded between an intraday low of 18.0c and a high of 18.50c. Moving average price (MAP): the price to 200-day MAP ratio is 1.5, a bullish indicator. In the past 200 days this ratio has exceeded 1.5 21 times suggesting further upside. The stock is trading above both its MAPs and the 50-day MAP of 17.0c is higher than the 200-day MAP of 12.0c, a bullish indicator. The 200-day MAP has increased to 12.0c. An increase is another bullish indicator. Relativities: today its percentile rank in the Australian market was 46. In the Australian market of 1,381 stocks traded today, the stock has a 6-month relative strength of 81 which means it is outperforming 81% of the market. Volume: there were 5,473,303 shares worth $991,807 traded. The volume was 0.3 times average trading of 16,005,038 shares. % Discount to high: the last price is at a discount of 41.0% to the 12-month high of 30.50c a year ago on 02 Sep, 2008.
SHAREHOLDER RETURNS Trailing one week: the stock was unchanged twice (40% of the time), fell twice (40% of the time) and rose once (20% of the time). The volume was 0.8 times average trading of 80,025,190 shares. The value of $1,000 invested a week ago is $973 [vs $1,009 for the All Ordinaries index], for a capital loss of $27(or loss of 2.7%). Trailing one month: the stock fell ten times (45% of the time), rose seven times (32% of the time) and was unchanged five times (23% of the time). The volume was 1.9 times average trading of 352,110,836 shares. The value of $1,000 invested a month ago is $1,161 [vs $1,084 for the All Ordinaries index], for a capital gain of $161(or rise of 16.1%). Trailing one year: the value of $1,000 invested one year ago is $783 [vs $924 for the All Ordinaries index], for a capital loss of $217. The total return to shareholders for 1 year is -21.7%.
