OFFLINE

Fundamental Data:
FV 10     ML   50           NAV     73.16
LAST EPS    19.61      EPS(2009) 3.09
EPS GROWTH 514%
NPAT 225.26 mn         NPAT (2009)  74.05
NPAT GROWTH   204%

ROE 26.80%
RPS 204%

CONSIODERED to be a good share for mid to long term investment



The relationship between price and moving averages is: bullish in short-term, and bullish in mid-long term.

Bollinger Band:
It  has closed below upper band by 46.7%. Bollinger Bands are 43.8% narrower than normal.The narrow width of the bands suggests low volatility as compared to AFTABAUTO's normal range.  Therefore, the probability of volatility increasing with a sharp price move has increased for the near-term. The bands have been in this narrow range for 14 bars. The probability of a significant price move increases the longer the bands remain in this narrow range.

RSI
The current value for the RSI15 is   52.469
The RSI is not currently in a topping (above 70) or bottoming (below 30) range.

MACD
MACD Value:   22.361, Signal Line:   25.941
Currently the MACD is bearish since it is trading below its signal line.
The MACD crossed below its signal line 2 period(s) ago.
Since the MACD crossed its moving average, AFTABAUTO's price has decreased   -1.201
And has ranged from a high of 493.000 to a low of 453.000

OFFLINE

Technical Analysis shows Bullish in Short Term, but price is going down.

Whats the prob?

OFFLINE

Originally Posted by Abdul Quddus Chowdhury:
Technical Analysis shows Bullish in Short Term, but price is going down.

Whats the prob?

Hi, This is an opportunity for you to buy, price is going slightly down, I commented after fundamental Data " Considered to be a good share for mid to long term"