Volatility: The stock traded between an intraday low of $3.05 and five-day high of $3.17. The price range has expanded in the last two days (from 11.0c two days ago to 12.0c today) which, accompanied by a price rise, is a bullish signal.
Moving Average Price (MAP): The price to 200-day MAP ratio is 0.91, a bearish indicator. In the past 200 days this ratio has been under 0.91 just eight times suggesting a support level. The stock is trading below both its MAPs and the 50-day MAP of AUD3.45 is lower than the 200-day MAP of AUD3.49, a bearish indicator. The 200-day MAP has decreased to AUD3.49. A decrease is another bearish indicator.
Relativities: Since open its percentile rank in the Australian market was 64. In the Australian market of 1,843 stocks, the stock has a six-month relative strength of 64 which means it has outperformed 64 per cent of the market.
Volume and Turnover Period: There were 1,069,608 shares worth AUD3mtraded. The turnover rate in the 12 months to date was 47.9 per cent (or a turnover period of two years 33 days). This average length of ownership of the stock at 2.2 times the average holding period of 11 months for stocks in the S&P/ASX 200 Index suggests a larger number of core investors, making a long-term investment safer.
Percentage Discount to High: The last price is at a discount of 20 per cent to the 12-month high of AUD3.96 a year ago on 18 Oct, 2007.
PercentagePremium to Low: The last price is at a premium of 12.8 per cent to the 12-month low of AUD2.81 one-day ago on 30 Sep, 2008.
Volume Weighted Price (VWP): The price is at a discount of 4.8 per cent to the 1-month volume weighted average price of AUD3.33, which may appeal as a value proposition.
