NATIONAL TEA
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FUNDAMENTAL DATA:
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CATEGORY: A
FV: 100.00
ML: 5
NAV: 483.00
EPS: 181.55
EPS(2009): 156.78
EPS GROWTH: 15.80
NPAT: 120.00
NPAT(2009): 103.47
NPAT GROWTH: 15.98
LAST TRADE PRICE(03-02-2011): 5300.25
P/E: 29.19
PRICE/NAV: 10.97
ROE: 37.59
AUTHORISED CAPITAL: 250.00
PAID UP CAPITAL: 66.00
PUBLIC CAPITAL: 31.26
LDIV:YEND: 20% : 1209
RTAG: Q3
Comment:
Fundamental Strength:
STRONG
TECHNICAL ANALYSIS
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Price and moving averages:
NTC 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:
NTC has closed below upper band by 33.4%.
Bollinger Bands are 64.8% narrower than normal.
The narrow width of the bands suggests low volatility as compared to NTC'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 22 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 50.968
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: 0.849, Signal Line: -53.736
Crossovers:
Currently the MACD is bullish since it is trading above its signal line.
The MACD crossed above its signal line 5 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.