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FU WANG CERAMIC
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FUNDAMENTAL DATA
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FV:100  ML: 50
NAV:126
EPS: 17.04  EPS(2009):7.01
EPS GROWTH:143.08%
NPAT:56.28mn (Q1-Annualized)  NPAT (2009):24.28 mn
NPAT GROWTH:131%
LAST TRADE PRICE(25-01-2011): 424.25
P/E:24.89
PRICE/NAV:3.36
ROE:13.52%

Comment:

Fundamental Strength:WEAK

TECHNICAL ANALYSIS
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Price and moving averages:
FUWANGCER 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:
FUWANGCER has closed above bottom band by 24.2%.
Bollinger Bands are 25.9% wider than normal.

RSI
The current value for the RSI15 is   39.818
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:  -37.361, Signal Line:  -27.845
Crossovers:
Currently the MACD is bearish since it is trading below its signal line.
The MACD crossed below its signal line 30 period(s) ago.

Overbought/Oversold:
The MACD is in an oversold range. Prices may continue to move lower for some time.  Wait for prices to move higher before considering any long positions.

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.