Australia Stock Alert

AUSTR

CLOSING UPDATE: Ardiden soars further 10.0% - outperforming 99% of stocks January 16, 2018 16:00:00 AEST

NEWS BITES - AUSTRALIA

This is an end of day Alert, produced after today's Australian market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

Ardiden has soared 0.80c (or 32.0%) today to trade at 3.30c and has outperformed 99% of the market in the past week. A price rise combined with a high relative strength is a bullish signal. Compared with the All Ordinaries Index which fell 21.8 points (or 0.3%) in the day, this represented a relative price increase of 32.4%.

Technical indicators complementing today's significant uptrend:

+ In the last three months the stock has hit a new 52-week high once.

+ The price soared 65.0% in the last week and 106.2% in the last month.

Note

Ardiden today is at a discount of 8.3% to the 12-month high of 3.60c on 16 Jan, 2018. It is at a premium of 200.0% to the 12-month low of 1.10c on 25 Oct, 2017.

Bearish Signals:

In the last three months the stock has hit a new 52-week low thrice.

Tobin's Q Ratio is 5.6. Compared with the rest of the market the stock is overvalued and ranks in the bottom quartile of stocks by value of Q Ratio.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Overvaluation:

Price to Book of 6.2 [2.8]

TODAY'S ALERTS

Afternoon Alert: Ardiden soars 20.0% - outperforming 99% of stocks

January 16, 2018 13:00:00 AEST

Ardiden Limited (ASX:ADV) has soared 0.50c (or 20.0%) today to trade at 3.0c and has outperformed 99% of the market in the past week. A price rise combined with a high relative strength is a bullish signal.

Morning Alert: Ardiden soars 24.0% - outperforming 99% of stocks

January 16, 2018 11:00:00 AEST

Ardiden Limited (ASX:ADV) has soared 0.60c (or 24.0%) today to trade at 3.10c and has outperformed 99% of the market in the past week. A price rise combined with a high relative strength is a bullish signal.

RECENT ALERTS

Morning Alert: Ardiden in 2nd consecutive rise, nears seven-month high

January 15, 2018 11:00:00 AEST

Ardiden Limited (ASX:ADV) extended its gains Monday, rising an additional 0.10c (or 3.7%) to trade at 2.80c. The stock soared 12.5% on Friday bringing its 2-day rise to 16.7%. It is now approaching its 147-day high of 2.90c.

CLOSING UPDATE: Ardiden soars 12.5% - outperforming 98% of stocks

January 12, 2018 16:00:00 AEST

Ardiden has soared 0.30c (or 12.5%) today to trade at 2.70c and has outperformed 98% of the market in the past week. A price rise combined with a high relative strength is a bullish signal. Compared with the All Ordinaries Index which rose 0.6 points (or 0.01%) in the day, this represented a relative price increase of 12.5%.

Ardiden Limited (AU:ADV; ASX:ADV; AX:ADV)

ISIN: AU000000ADV3

PermID: 4295856521

Source: www.BuySellSignals.com