MITHUN KNITTING
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FUNDAMENTAL DATA:
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CATEGORY: DA
FV: 100.00
ML: 20
NAV: 174.54
EPS: 70.38
LAST TRADE PRICE(03-02-2011): 1564.00
P/E: 22.22
PRICE/NAV: 8.96
ROE: 40.32
LDIV:YEND: 25%B : 610
RTAG: HY
Comment:
Fundamental Strength:
MEDIUM
TECHNICAL ANALYSIS
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Price and moving averages:
MITHUNKNIT has closed above its Short time moving average.
Short time moving average is currently below mid-time, AND above long time moving averages.
The relationship between price and moving averages is: neutral in short-term, and neutral in mid-long term.
Bollinger Bands:
MITHUNKNIThas closed below upper band by 31.2%.
Bollinger Bands are 59.6% narrower than normal.
The narrow width of the bands suggests low volatility as compared to MITHUNKNIT '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 0 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 52.250
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: 20.210, Signal Line: -1.542
Crossovers:
Currently the MACD is bullish since it is trading above its signal line.
The MACD crossed above its signal line 2 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.