Monday, February 15, 2010

TRW MARKET REPORT FOR 15TH FEBRUARY 2010


NSE REBOUNDS....

The NSE All Shares Index did an important rebound off its 25-day Moving Average to close at 23,061.41, total market value was N2.095bn. This rebound is an extremely important one in resuming the intermediate bull trend and keeping the primary bull trend intact.  On the short term basis, there is a Double Bottom pattern formation which signifies bullish  strong reversal signals which no doubt spells the end of the this intermediate pullback. Its time to look for strategic entry points once again.
TickerDatePreviousPrice%Change
NSE15/02/201022967.2623061.410.41
NSE 3015/02/2010914.30918.430.45
NSE BANKING15/02/2010380.00381.950.51
NSE F&B15/02/2010593.92596.230.39
NSE INS15/02/2010213.94214.590.30
NSE O&G15/02/2010293.84293.84-
TOPTRADES 15FEB10
INDEX 15TH FEB 2010

MARKET INFO..

THOMAS WYATT NIG PLC INTERIM REPORT FOR THE PERIOD ENDED 31ST DECEMBER 2009 (THIRD QUARTER)
TURNOVER                                           09 N114.308m     08 N150.004m
PBTAX AND EXTRAORDINARY ITEMS 09 N1.372m        08 N2.552m
TAXATION                                          09 (N850,000)    08 (N765,600)
PROFIT AFTER TAX                            09 N522,118        08 N1.786m

RED STAR EXPRESS PLC INTERIM REPORT FOR THE PERIOD ENDED 30TH DECEMBER 2009 (THIRD QUARTER)
TURNOVER                                            09 N3.148b         08 N3.036b
PBTAX AND EXTRA ORDINARY ITEMS 09 N359.800m    08 N367.135m
TAXATION                                           09 (N107.940m)   08 (N110.140m)
PROFIT AFTER TAX                             09 N251.860m      08 N256.995m

C & I LEASING PLC INTERIM REPORT FOR THE PERIOD ENDED 31ST OCTOBER 2009 (THIRD QUARTER)
GROSS INCOME                                  09 N5.771b         08 N4.767b
PROFIT BEFORE TAX                          09 N284.451m     08 N304.874m
TAXATION                                         09 (N48.357m)    08 (N74.359m)
PROFIT AFTER TAX                            09 N236.094m    08 N230.515m
CILEASING
Price Trend Report:
5 Moving Average: Current price is above 5-period moving average: 2.64
21 Moving Average: Current price is above 21-period moving average: 2.60
LSQ Analysis: Current price is -67% below its price trend.
Bollinger Band Analysis: Price Volatility: Decreasing (Sharp move); Price Trend: Not in trend (probably is in sideway or reversing);
Hurst Trend Analysis: Hurst Exponent: 1.0000, current trend will continue
Technical Indicators Report: Value Tips
MACD -0.0
MTM 0.4
ADX 78.4 Market is in trend mode.
CCI -13.4
DMI 2.0; 45.5
K%D 90.6; 52.1 Market is in up trend.
NVI 0.8
OBV 483694.1
PVI 122.0
TRW Stock Forecaster:Prediction for Next Three Prices: 2.81, 3.28, 2.99
Price Direction(short term): Price will go up.

STOCKS TO WATCH

TickerDateSignalCondition
CILEASING15/02/2010Confirms return of Strength.An Upbar closing near High.
GUARANTY15/02/2010Sign of Weakness.Psuedo UpThrust.
JBERGER15/02/2010Indicates strength.High volume upbar closing on the high.
LASACO15/02/2010Confirms return of Strength.An Upbar closing near High.
SKYEBANK15/02/2010Indicates strength.High volume upbar closing on the high.
STARCOMMS15/02/2010Indicates strength.High volume upbar closing on the high.
STDINSURE15/02/2010strength returning.Strength seen returning after a long down trend.
STERLNBANK15/02/2010Bullish signEffort to Rise.
ZENITHBANK15/02/2010confirms strength.An Upbar closing near High.

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