EASTERN INSURANCE
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FUNDAMENTAL DATA:
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CATEGORY: DA
FV: 100.00
ML: 20
NAV: 318.42
EPS: 17.39
EPS(2009): 12.12
EPS GROWTH: 43.48
NPAT: 64.90
NPAT(2009): 45.25
NPAT GROWTH: 43.43
LAST TRADE PRICE(10-02-2011): 870.75
P/E: 50.07
PRICE/NAV: 2.73
ROE: 5.46
AUTHORISED CAPITAL: 1000.00
PAID UP CAPITAL: 186.62
PUBLIC CAPITAL: 24.26
LDIV:YEND: 20%B : 1209
RTAG: Q3
Comment:
Fundamental Strength:
MEDIUM
TECHNICAL ANALYSIS:
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Price and moving averages:
EASTERNINS has closed below its Short time moving average.
Short time moving average is currently below mid-time, AND below long time moving averages.
The relationship between price and moving averages is:
bearish in short-term, and neutral in mid-long term.
Bollinger Bands:
EASTERNINS has closed below the lower band by 0.1%. This combined with the steep downtrend can suggest that the downward trend in prices has a good chance of continuing. However, a short-term pull-back inside the bands is likely.
Bollinger Bands are 70.5% narrower than normal.
The narrow width of the bands suggests low volatility as compared to EASTERNINS'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 35.291
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 has just reached its lowest value in the last 14 period(s). This is bearish.
Divergence:
The RSI and price are not diverging.
MACD
MACD Value: -161.995, Signal Line: -161.979
Crossovers:
Currently the MACD is bearish since it is trading below its signal line.
The MACD crossed below its signal line 0 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.
CAUTION: This commentary is not a recommendation to buy or sell. Use at your own risk.