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.
| Ticker | Date | Previous | Price | %Change |
| NSE | 15/02/2010 | 22967.26 | 23061.41 | 0.41 |
| NSE 30 | 15/02/2010 | 914.30 | 918.43 | 0.45 |
| NSE BANKING | 15/02/2010 | 380.00 | 381.95 | 0.51 |
| NSE F&B | 15/02/2010 | 593.92 | 596.23 | 0.39 |
| NSE INS | 15/02/2010 | 213.94 | 214.59 | 0.30 |
| NSE O&G | 15/02/2010 | 293.84 | 293.84 | - |
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
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
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
Price Trend Report:
5 Moving Average: Current price is above 5-period moving average: 2.64
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
| Ticker | Date | Signal | Condition |
| CILEASING | 15/02/2010 | Confirms return of Strength. | An Upbar closing near High. |
| GUARANTY | 15/02/2010 | Sign of Weakness. | Psuedo UpThrust. |
| JBERGER | 15/02/2010 | Indicates strength. | High volume upbar closing on the high. |
| LASACO | 15/02/2010 | Confirms return of Strength. | An Upbar closing near High. |
| SKYEBANK | 15/02/2010 | Indicates strength. | High volume upbar closing on the high. |
| STARCOMMS | 15/02/2010 | Indicates strength. | High volume upbar closing on the high. |
| STDINSURE | 15/02/2010 | strength returning. | Strength seen returning after a long down trend. |
| STERLNBANK | 15/02/2010 | Bullish sign | Effort to Rise. |
| ZENITHBANK | 15/02/2010 | confirms strength. | An Upbar closing near High. |
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