Sunday, January 10, 2010

STOCK IN FOCUS: Philippine Realty and Holdings Corporation (RLT)


Figure 1. RLT Price Chart

Price and moving averages:
RLT has closed below 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: neutral in short-term, and bullish in mid-long term.

Bollinger Bands:
RLT has closed below upper band by 42.1%.
Bollinger Bands are 21.4% wider than normal.
The current width of the bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

Volatility:
RLT volatility is below average.
50 day Historical Volatility is 67%.
6/100 day ratio Historical Volatility is 0.45.

Trend Direction and Strength:
RLT is moving sideways to up with a strong trend strength.

Support/Resistance Lines:
Support: 0.69
Resistance: 0.76


Figure 2. Other Technical Indicators.

RSI:
The RSI shows overbought (above 70) and oversold (below 30) areas.  The current value of the RSI is 60.95.  This is not a topping or bottoming area. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area.  The last signal was a sell 2 period(s) ago. 

Stochastic:
One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20).  The Stochastic Oscillator is 17.78.  This is an oversold reading.  However, a signal is not generated until the Oscillator crosses above 20  The last signal was a sell  10 period(s) ago. 

MACD:
The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its signal line.  The last signal was a sell 7 period(s) ago.

No comments:

Post a Comment