SoloTraderAU

AMI go, Go, GO !

Long
SoloTraderAU Updated   
ASX:AMI   AURELIA METALS LIMITED
2018.08.06 TA Report
Aussie Market Buy/Sell ratio = 0.40
Buys: 197 (9.6%)
Sells: 489 (23.8%)
Hold: 1371 (66.7%)

Let's see previous 5 days relative timing values by VectorVest on this stock:

06-Aug= 1.30
03-Aug= 1.26
02-Aug= 1.21
01-Aug= 1.20
31-Jul= 1.16

AMI.AX has a current Value of $1.24 per share, which is undervalued compared to its Price of $0.66 per share. Value is computed from forecasted earnings per share, forecasted earnings growth, profitability, interest, and inflation rates.

RT analyzes a stock's price trend. AMI.AX has a Relative Timing of 1.30, which is very good on a scale of 0.00 to 2.00. RT is computed from an analysis of the direction, magnitude, and dynamics of a stock's price movements day-over-day, week-over-week, quarter-over-quarter and year-over-year. If a trend dissipates, RT will gravitate toward 1.00.

VST is the master indicator for ranking every stock in the VectorVest database. AMI.AX has a VST rating of 1.22, which is good on a scale of 0.00 to 2.00. VST is computed from the square root of a weighted sum of the squares of RV, RS, and RT. Stocks with the highest VST ratings have the best combinations of Value, Safety and Timing.

Today’s insights
Aurelia Metals Limited is an exploration and mineral development company. The Company operates through segments, including Hera-Nymagee project and other exploration projects.

Relative Timing Values RT is rising in last 5 days, indicates AMI is uptrending.
Technical analysis shows AMI entered the new bullish phase after it has successfully broken out and cause 8 & 20 EMA crossover. Although stochastic (14,3,3) show AMI is overbought, it doesn’t conclude the bullish movement finished. We have two targets by the Fib. Ext and Fib Ch.
Target 1 ($0.71 – $0.745)
Target 2 ($0.83 - $0.90)
Comment:
Bearish pressure accumulating
Bearish Divergence on RSI

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