Tag: Canslim

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Phillips Carbon Forming a 6 Week Cup With Handle Pattern.

Phillips Carbon stock has broken out of a 6-week, 20% deep Cup With Handle Base 2-weeks ago. However, the stock is still offering investors an opportunity to get on board as the current price is only -2% away from the ideal buy price of INR 214.

The key trend lines, 10 and 40-week moving averages are at a comfortable position. The current trends of both the averages are upward and the 10-week moving average is trending above the 40-week moving average. The current price of the stock is trading around 3.81% away from the 10-week moving average.

In the last twelve months, Phillips Carbon has rallied nearly 180.3% as compared to 61.1% for the Nifty500. It has a Relative Strength Rating of 73. We definitely would like see improvement in the rating. At this point we are taking a step back and focusing on the RS Line.

The Relative Strength Line of the stock is offering a lot of encouragement to investors. It has been making good progress in the last few weeks. The overall long term trend of the line is also trending upward. If Phillips Carbon Black can maintain this outperformance, it could make sense as a CANSLIM trade.

Phillips Carbon stock has strong institutional support. The Accumulation/Distribution Rating of ‘A+’ represents heavy institutional buying over the past few weeks. Although the shares held by institutions dropped in the last quarter, the number of institutions holding the stock increased at the same time. This shows increasing interest among the institutions.

On the earnings front, Phillips Carbon has an excellent EPS Rank of 96, which indicates consistency in earnings. The earnings and sales for the stock have seen de-growth of -5% and –3%, respectively over the past three years. Its 3-years earnings stability is 20, on a 0 to 99 scale (lower the better). Over the past five years, the earnings and sales for the stock have grown by 60% and 11%, respectively. The 5-years earnings stability is 71. The return on equity for the last reported year is 17%.

The current price of Phillips Carbon is -5% off from its 52-week high price and 207% above its 52-week low price. The stock belongs to the industry group of Chemicals-Specialty, which is exhibiting excellent strength in the current market environment. The current industry group rank is 33.

The stock appears on our idealists: Trend Template -5 Months

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Is Asian Paints Stock still a good buy?

Asian Paints Ltd stock has cleared a 17-week, 21% deep Cup with Handle Base this week. Currently, the stock is trading around just 4% away from its ideal buy price of INR 2694. The stock is offering investors an opportunity to get on board at the current price.

The key trend lines, 10 and 40-week moving averages are at a comfortable position. The current trends of both the averages are upward and the 10-week moving average is trending above the 40-week moving average. The current price of the stock is trading around 8.6% away from the 10-week moving average.

In the last twelve months, Asian Paints Ltd. has rallied nearly 78.7% as compared to 61.1% for the Nifty500. It has a Relative Strength Rating of 60. We definitely would like to see improvement in the rating. At this point we are taking a step back and focusing on the RS Line.

The Relative Strength Line of the stock is offering a lot of encouragement to investors. It has been making good progress in the last four weeks. The overall long term trend of the line is also trending upward. If Asian Paints Ltd. can maintain this outperformance, it could make sense as a CANSLIM trade.

On the earnings front, Asian Paints Ltd. has an excellent EPS Rank of 93, which indicates consistency in earnings. The earnings and sales for the stock have grown by 12% and 5%, respectively over the past three years. Its 3-years earnings stability is 8, on a 0 to 99 scale (lower the better). Over the past five years, the earnings and sales for the stock have grown by 10% and 8%, respectively. The 5-years earnings stability is 7. The return on equity for the last reported year is 27%.

The stock belongs to the industry group of Chemicals-Paints. You would still want to see some improvement in the industry group rank for the group. The current industry group rank is 82. The current price of Asian Paints Ltd. is -3% off from its 52-week high price and 89% above its 52-week low price.

The stock appears on our idea lists: Trend Template – 5 Months

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Watch out for Chambal Fertilizers & Chemicals Ltd As It Races Towards Its 52-week High

Nifty Breached its 50-DMA; What to Expect from the Market

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Watch out for Chemical-Agriculture Stock As It Races Towards Its 52-week High.

Chambal Fertilizers Chemicals Limited has cleared a 13-week, 25% deep Consolidation Base this week. Currently, the stock is trading around just 4% away from its ideal buy price of INR 267. The stock is offering investors an opportunity to get on board at the current price.

The key trend lines, 10 and 40-week moving averages are at a comfortable position. The current trends of both the averages are upward and the 10-week moving average is trending above the 40-week moving average. The current price of the stock is trading around 19.12% away from the 10-week moving average.

In the last twelve months, Chambal Fertilizershas rallied nearly 98.9% as compared to 61.1% for the Nifty500. It has a Relative Strength Rating of 68. We definitely would like to see improvement in the rating. At this point we are taking a step back and focusing on the RS Line.

The Relative Strength Line of the stock is offering a lot of encouragement to investors. It has been making good progress in the last four weeks. The overall long term trend of the line is also trending upward. If Chambal Fertilizerscan maintain this outperformance, it could make sense as a CANSLIM trade.

Chambal Fertilizers & Chemicals Limited has a strong institutional support. The Accumulation/Distribution Rating of ‘A+’ represents heavy institutional buying over the past few weeks. Although the number of institutions holding the stock dropped in the last quarter, the number of shares held by the institutions increased at the same time.

On the earnings front, Chambal Fertilizers has an excellent EPS Rank of 96, which indicates consistency in earnings. The earnings and sales for the stock have grown by 58% and 73%, respectively over the past three years. Its 3-years earnings stability is 13, on a 0 to 99 scale (lower the better). Over the past five years, the earnings and sales for the stock have grown by 47% and 21%, respectively. The 5-years earnings stability is 12. The return on equity for the last reported year is 38%.

The stock belongs to the industry group of Chemicals-Agricultural, which is exhibiting a fair amount of strength in the current market environment. The current industry group rank is 53. The current price of Chambal Fertilizersis -1% off from its 52-week high price and 118% above its 52-week low price.

The stock appears on our idea lists: Trend Template – 5 Months.

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Upl Stock Is Breaking Out Of A 5-Week Flat Base Pattern

Upl stock is worth watching as the stock is forming a 5-week, 14% deep Flat Base. The current price is only 1% away from its ideal buy price of INR 674. Aggressive investors could use any tight area breakout inside the base as an opportunity to initiate a small position. A conservative approach may be to add the stock to your watchlist so that you are ready to pounce if it breaks out to the traditional entry point.

The key trend lines, 10 and 40-week moving averages are at a comfortable position. The current trends of both the averages are upward and the 10-week moving average is trending above the 40-week moving average. The current price of the stock is trading around 9.56% away from the 10-week moving average.

In the last twelve months, Upl has rallied nearly 72.6% as compared to 60.7% for the Nifty500. It has a Relative Strength Rating of 66. We definitely would like to see improvement in the rating. At this point we are taking a step back and focusing on the RS Line.

The Relative Strength Line of the stock is offering a lot of encouragement to investors. It has been making good progress in the last few weeks. The overall long term trend of the line is also trending upward. If Upl can maintain this outperformance, it could make sense as a CANSLIM trade.

Another key part of the jigsaw is institutional sponsorship. Upl has an Accumulation/Distribution Rating of ‘A’. This represents heavy institutional buying over the past few weeks. The number of institutional sponsors and shares held by the sponsors, both increased in the last reported quarter.

On the earnings front, Upl has an excellent EPS Rank of 87, which indicates consistency in earnings. The earnings and sales for the stock have grown by 2% and 36%, respectively over the past three years. Its 3-years earnings stability is 27, on a 0 to 99 scale (lower the better). Over the past five years, the earnings and sales for the stock have grown by 8% and 24%, respectively. The 5-years earnings stability is 25. The return on equity for the last reported year is 12%.

The stock belongs to the industry group of Chemicals-Agricultural. You would still want to see some improvement in the industry group rank for the group. The current industry group rank is66. The current price of Upl is -1% off from its 52-week high price and 103% above its 52-week low price.

The stock appears on our idea lists: Trend Template – 5 Months.

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This Utility-Electric Power Stock Is Nearing A Pivot Point: Tata Power

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This Utility-Electric Power Stock Is Nearing A Pivot Point: Tata Power

Tata Power stock is forming a 9-week, 21% deep Consolidation Base. The current price is only 5% away from its ideal buy price of INR 115. This is a bullish sign, but the current price of the stock is still below the 10-week moving average. A prudent approach would be to add the stock to your watchlist. This means you can be ready to pounce as the stock moves above the 10-wma line and breaks out to the ideal entry point.

The key trend lines, 10 and 40-week moving averages are at a comfortable position. The current trends of both the averages are upward and the 10-week moving average is trending above the 40-week moving average. The current price of the stock is trading around 5.57% away from the 10-week moving average.

Tata Power has been an outperforming stock as compared to the broader market. It has a strong Relative Strength Rating of 88. In the last twelve months, the stock has rallied over 260.4% as compared to 60.7% for the Nifty500.

The Relative Strength Line of the stock is offering a lot of encouragement to investors. It has been making good progress in the last four weeks. The overall long term trend of the line is also trending upward. If Tata Power can maintain this outperformance, it could make sense as a CANSLIM trade.

Tata Power stock has a strong institutional support. The Accumulation/Distribution Rating of ‘A-‘ represents heavy institutional buying over the past few weeks. Although the shares held by institutions dropped in the last quarter, the number of institutions holding the stock increased at the same time. This shows increasing interest among the institutions.

On the earnings front, Tata Power has a respectable EPS Rank of 72, which is okay but needs improvement. The sales for the stock have grown by 2% over the past three years; however the earnings growth remained muted at -33%. Its 3-years earnings stability is 20, on a 0 to 99 scale (lower the better). Over the past five years, the earnings and sales for the stock have grown by 12% and 1%, respectively. The 5-years earnings stability is 61. The return on equity for the last reported year is 8%.

The current price of Tata Power is -5% off from its 52-week high price and 304% above its 52-week low price. The stock belongs to the industry group of Utility-Electric Power, which is exhibiting excellent strength in the current market environment. The current industry group rank is 20.

The stock appears on our idea lists: Trend Template – 5 Months

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