FUNDAMENTAL DATA:
FV 100 ML 10
NAV : 262.88
LATEST EPS 63.45 EPS(2009) : 55.1
ANNUAL GROWTH IN EPS: 15.15%
NET PROFIT AFTER TAX : 4704.09 mn NPAT (2009) : 3403.55mn
NPAT GROWTH : 38.21%
LATEST P/E : 11.4
PRICE/NAV : 2.75
ROE: 19.49%
Comment:
Fundamental strength : medium
Technical Analysis:
Price and moving averages:
ISLAMIBANK has closed above its Short time moving average.
Short time moving average is currently above mid-time, AND above long time moving averages.
The relationship between price and moving averages is: bullish in short-term, and bullish in mid-long term.
Bollinger Bands:
ISLAMIBANK has closed below upper band by 17.3%.
Bollinger Bands are 1.7% wider than normal.
The current width of the bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.
RSI
The current value for the RSI15 is 59.159
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: 32.614, Signal Line: 26.088
Crossovers:
Currently the MACD is bullish since it is trading above its signal line.
The MACD crossed above its signal line 3 period(s) ago.
Since the MACD crossed its moving average, ISLAMIBANK's price has increased 1.683
And has ranged from a high of 820.000 to a low of 781.000
Overbought/Oversold:
The MACD is in an overbought range. Prices may continue to move higher for some time. Wait for prices to move lower before considering any short positions.
Divergence:
There have been no divergence signals within the last 5 periods.
NB: This commentarydoes not recommend any buy or sell decision. Use at your own risk.