CWK 0.00% 99.0¢ coalworks limited

This from a web-site called buysellsignals.comBULLISH...

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    This from a web-site called buysellsignals.com

    BULLISH SIGNALS:
    The price soared 10.3% in the last month.
    Compared with the All Ordinaries index which rose 1.9%
    for the month, this represented a relative price increase of 8.4% for the month.
    In the Australian market of 1,290 stocks and 54 units
    traded today, the stock has a 6-month relative strength of 81 which means it is beating 81% of the market.
    A price rise combined with a high relative strength is a
    bullish signal.
    The price to 50-day EMAP ratio is 1.1, a bullish indicator. In the past 50 days this ratio has exceeded 1.1 25 times suggesting further upside. The 50-day EMAP has increased to 71.20c. An increase is another bullish indicator.
    The Moving Average Convergence Divergence (MACD)
    indicator of 12-day Exponential Moving Average (EMA)
    minus the 26-day EMA is positive suggesting a bullish signal.
    Both the 12-day EMA as well as the 26-day EMA are rising,
    another bullish signal.
    The price to 200-day MAP ratio is 1.33, a bullish indicator.
    In the past 200 days this ratio has exceeded 1.33 seven times suggesting further upside. The stock is trading above both its MAPs and the 50-day MAP of 70.06c is higher than the 200-day MAP of 60.46c, another bullish indicator.
 
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