2018.06.18 TA Report
Aussie Market Buy/Sell ratio = 0.44
Buys: 269 (13.1%)
Sells: 613 (29.7%)
Hold: 1179 (57.2%)
Let's see some history relative timing values by VectorVest on this stock:
18-Jun = 1.43
15-Jun = 1.40
14-Jun = 1.35
13-Jun = 1.27
12-Jun = 1.28
SBM.AX has a current Value of $5.29 per share, which is fairly valued compared to its Price of $4.97 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. SBM.AX has a Relative Timing of 1.43, which is excellent 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.
As RT keeps rising in the last few days, it is a good sign.
Let’s have a look on the technical analysis for more information:
Bearish MACD Divergence Alert
The current price actions forming a bearish MACD Divergence, the highest price has hit $5.03 which was almost near historical high on 2010.11.08 and 2010.11.12.
We are not scaring people away for this stock. If you have an ichimoku graph handy, then you will see SBM.AX was climbing gradually to the mountain top, even above the green clouds, which are the good signs for longer run.
Alert still means an alert, you don’t have to take consideration to sell right now, unless you see some signs of bearish movement one or two days later.
From the trend line analysis, can you see there some more rooms for it to climb a bit more toward $6.0? Yes, there is a condition which is the resistance zone has been breached.
Aussie Market Buy/Sell ratio = 0.44
Buys: 269 (13.1%)
Sells: 613 (29.7%)
Hold: 1179 (57.2%)
Let's see some history relative timing values by VectorVest on this stock:
18-Jun = 1.43
15-Jun = 1.40
14-Jun = 1.35
13-Jun = 1.27
12-Jun = 1.28
SBM.AX has a current Value of $5.29 per share, which is fairly valued compared to its Price of $4.97 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. SBM.AX has a Relative Timing of 1.43, which is excellent 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.
As RT keeps rising in the last few days, it is a good sign.
Let’s have a look on the technical analysis for more information:
Bearish MACD Divergence Alert
The current price actions forming a bearish MACD Divergence, the highest price has hit $5.03 which was almost near historical high on 2010.11.08 and 2010.11.12.
We are not scaring people away for this stock. If you have an ichimoku graph handy, then you will see SBM.AX was climbing gradually to the mountain top, even above the green clouds, which are the good signs for longer run.
Alert still means an alert, you don’t have to take consideration to sell right now, unless you see some signs of bearish movement one or two days later.
From the trend line analysis, can you see there some more rooms for it to climb a bit more toward $6.0? Yes, there is a condition which is the resistance zone has been breached.
Comment:
Bearish engulfing pattern. Time to sell.