No wonder CEO copped a ticket..we have a major breakout..!!...

No wonder CEO copped a ticket..we have a major breakout..!!




RELATIVE VALUATION INDICATORS [RVI] TECHNICAL ANALYSIS
Bullish Signals:
- The price soared 50.0% in the last week and 158.6% in the last month.
- This has been propped up by high volume of 3.5 times average for the week and by firm volume 1.8 times average for the month.
- Compared with the All Ordinaries index which rose 1.8% for the week, this represented a relative price increase of 48.2% for the week.
- In the Australian market of 1,265 stocks and 57 units traded today, the stock has a 6-month relative strength of 100 which means it is beating 100% of the market.
- A price rise combined with a high relative strength is a bullish signal.
- The price to 50-day EMAP ratio is 2.2, a bullish indicator. The 50-day EMAP has increased to 6.92c. 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. Both the 12-day EMA as well as the 26-day EMA are rising, another 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 4.0, a bullish indicator. The stock is trading above both its MAPs and the 50-day MAP of 6.51c is higher than the 200-day MAP of 3.75c, another bullish indicator.

BREAKOUT:
- The stock traded at a twenty eight-month high of 15.50c today.
- In the last three months the stock has hit a new 52-week high five times, pointing to an uptrend.

Bearish Signals:
- The price has risen above the upper Bollinger band of 13.45c; the Relative Strength Index (RSI) of 86.2 has penetrated the overbought line of 70; the stock is also overbought according to the Williams % R indicator of -5.1.

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

Cheers

Sheeza