Snippets : Exponential Moving Average Price (EMAP) [with higher weightage to recent prices] The price to 50-day EMAP ratio is 2.1, a bullish indicator. In the past 50 days this ratio has exceeded 2.1 four times suggesting further upside. Breakout In the last three months the stock has hit a new 52-week high fourteen times, pointing to a significant uptrend.
TECHNICAL ANALYSIS Significant Uptrend Price volume trend The price soared 25.9% in the last week and 25.9% in the last month. This has been propped up by robust volume of 2.9 times average for the week and 2.3 times average for the month.