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 = 1.15
03-Aug = 1.04
02-Aug = 0.98
01-Aug = 1.15
31-Jul = 1.14
DMI.AX has a current Value of $0.02 per share, which is overvalued compared to its Price of $0.29 per share. Value is computed from forecasted per share, forecasted growth, profitability, interest, and rates.
RT analyzes a stock's price trend. DMI.AX has a Relative Timing of 1.15, which is 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.
Dempsey Minerals Limited, a mineral and oil 0.87% exploration company, acquires, explores, and evaluates mineral projects. It explores for lithium, tin, and tantalum deposits.
DMI has been over beaten. We can see there is a second Hidden on (14,3,3) forming right now. Will there also be a chance for a Hidden on ? Still early to say so.
Today’s strong lifted the stock up 7.4%, and hit back the 50% level of Fib. Retracement. We need one more to confirm the reversal. The current price just closed a bit above (40), and we need to be patient to see if it will close above (20) tomorrow.
On the other hand, the current price action may form the right shoulder of a pattern. The vertex of the right shoulder can be projected by Ichimoku’s kijun-sen and the parallel on the right bottom chart.
Please keep an eye close for a 20% gain in couple of days.
Dark Cloud Cover on 8th
The right shoulder has already formed.