From the PNO Buysellsignals report (This report does change on a daily basia.) Extract below from todays trading.
BULLISH SIGNALS:- THE PRICE SURGED 8.3% IN THE LAST WEEK. This has been propped up by firm volume of 1.7 times average for the week. - Compared with the All Ordinaries index which rose 0.9% for the week, this represented a relative price increase of 7.4% for the week. - In the Australian market of 1,331 stocks and 75 units traded today, the stock has a 6-month relative strength of 93 which means it is beating 93% of the market. - The price to 50-day EMAP ratio is 1.1, a bullish indicator. In the past 50 days this ratio has exceeded 1.1 24 times suggesting further upside. The 50-day EMAP has increased to 1.15c. An increase is another bullish indicator. - In the last three months the stock has hit a new 52-week high thrice. The price to 200-day MAP ratio is 1.43, a bullish indicator. - In the past 200 days this ratio has exceeded 1.43 nine times suggesting further upside. The stock is trading above both its MAPs and the 50-day MAP of 1.14c is higher than the 200-day MAP of 0.91c, another bullish indicator.
CAI Price at posting:
1.3¢ Sentiment: Buy Disclosure: Held