BRAC BANK
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FUNDAMENTAL DATA:
FV 100 ML 50
NAV : 311.22
LATEST EPS : 61.33 EPS(2009) : 64.37
ANNUAL GROWTH IN EPS:
-4.72 (Negative)
NET PROFIT AFTER TAX : 1654 mn ( Annualized) NPAT (2009): 1325 mn
NPAT GROWTH : 24.82%
Last Trade Price (13.01.2011): 734
LATEST P/E : 11.96
PRICE/NAV : 2.36
ROE:19.07%
Comment:
Fundamental strength : Medium
Profit growth:Medium
EPS growth :
Negative
Technical Analysis:
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Price and moving averages:
The relationship between price and moving averages is:
bearish in short-term, and neutral in mid-long term.
Bollinger Bands:
BRACBANKhas closed above bottom band by 16.0%.
Bollinger Bands are 45.5% narrower than normal.
The narrow width of the bands suggests low volatility as compared to BRACBANK'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 11 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 44.049
The RSI is not currently in a topping (above 70) or bottoming (below 30) range.
Failure Swings (also known as support or resistance penetrations or breakouts):The RSI does not currently show any Failure Swings.
Divergence:
The RSI and price are not diverging.
MACD
MACD Value: -13.361, Signal Line: -4.323
Crossovers:
Currently the MACD is bearish since it is trading below its signal line.
The MACD crossed below its signal line 7 period(s) ago.
Overbought/Oversold:
The MACD is not in an Overbought/Oversold range.
Divergence:
There have been no divergence signals within the last 5 periods.
Note: This commentary is not a recommendation to buy or sell. Use at your own risk