Deep Yellow hits year-high 1st time in three months Deep Yellow (DYL.AU), Australia's 32nd largest metals/mining company by market capitalisation, hit a 52-week high of 44.0c during the day. In the last three months the stock has hit a new 52-week high once. The stock price soared 4.0c (or 10.3%) to close at 43.0c. Compared with the All Ordinaries index, which rose 31.0 points (or 0.8%) on the day, this was a relative price change of 9.5%. Price Change % 1-day 1-month 1-year DYL 10.3% 59.3% 50.9% Metals & Mining 3% 3% 3% All Ordinaries Index 0.8% 3.5% -27.2%
TECHNICAL ANALYSIS Uptrend Price volume trend: the price advanced 6.2% in the last week and soared 59.3% in the last month. This has been propped up by firm volume of 1.6 times average for the week and 1.9 times average for the month. In the last three months, the number of rises outnumbered falls 27:21 or 1.3:1. Relativities: compared with the All Ordinaries index which rose 2.9% for the week, this represented a relative price increase of 3.2% for the week. Today its percentile rank in the Australian market was 92. In the Australian market of 1,381 stocks traded today, the stock has a 6-month relative strength of 96 which means it is beating 96% of the market. A price rise combined with a high relative strength is a bullish signal. Moving average price (MAP): the price to 200-day MAP ratio is 2.37, a bullish indicator. The stock is trading above both its MAPs and the 50-day MAP of 27.0c is higher than the 200-day MAP of 18.0c, another bullish indicator. Support: the support price is hovering at the 26.0c level. Volume traded at the support price zone was 1.6 times average during the two occasions when the support price was breached. In the last one month the first low was at 26.0c on May 13, the second decline halted at 26.0c on May 12. Resistance: resistance is apparent at 44.0c. Volume was 3.1 times average during the single occasion when the resistance price was breached in the last one month. In the last one month the high was at 44.0c on Jun 11.
PRICE VOLUME DYNAMICS Volatility: the stock traded between an intraday low of 39.50c and a high of 44.0c. The price range has expanded in the last two days (from 2.0c two days ago to 4.0c today) which, accompanied by a price rise, is a bullish signal. Volume and turnover period: there were 5,616,676 shares worth $2.4 million traded. The volume was 3.1 times average trading of 1,840,164 shares. The turnover rate in the 12 months to date was 41.5% (or a turnover period of 2 years 4 months). % Discount to high: it closed at a discount of 2.3% to the 12-month high of 44.0c. Beta is 2.4.
URANIUM AND PRICE PERFORMANCE RANK IN INDICES AND SECTORS The stock is in 4 indices, 2 sectors and is related to 1 commodity. The following index and sectors rose setting the trend for its rise of 10.3% (rank by percentage price change of stock for 1 day;6 months in sector/index in brackets): Metals/Mining sector (rank 53;29 out of 483), which was up 247.8 points or 3.0% to 8,440.2, Total Australian Market (rank 110;55 out of 1705), which was up 38.8 points or 0.8% to 4,966.5, All Ordinaries index (rank 19;9 out of 419), which was up 31.0 points or 0.8% to 4,047. Percentile Rank 1-day 1-month 6-months DYL 92 94 96 Metals & Mining 75 52 38 All Ordinaries Index 62 53 48
SHAREHOLDER RETURNS Trailing one week: the stock fell twice (40% of the time), rose twice (40% of the time) and was unchanged once (20% of the time). The volume was 1.6 times average trading of 9,200,820 shares. The value of $1,000 invested a week ago is $1,075 [vs $1,029 for the All Ordinaries index], for a capital gain of $75(or rise of 7.5%). Trailing one month: the stock rose twelve times (55% of the time), was unchanged five times (23% of the time) and fell five times (23% of the time). The volume was 1.9 times average trading of 37,263,321 shares. The value of $1,000 invested a month ago is $1,593 [vs $1,042 for the All Ordinaries index], for a capital gain of $593(or rise of 59.3%). Trailing one year: the value of $1,000 invested one year ago is today $1,509 [vs $769 for the All Ordinaries index], for a capital gain of $509. The total year return to shareholders is 50.9%. PV$1000 1-month 1-year DYL $1,593 $1,509 Metals & Mining $1,188 $874 All Ordinaries Index $1,042 $769
DYL Price at posting:
41.9¢ Sentiment: Buy Disclosure: Held
(20min delay)