Afternoon Alert: CSL increases 0.1% Wednesday November 13, 2019 16:00:00 AEST


CSL Limited (ASX:CSL) traded on volume of 0.9 times average so far today while the price increased 40.0c (or 0.1%) to trade at $A266.91.

SECTION 1: Technical indicators

Bullish:
The positive 6.15 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal (12-day minus 26-day Exponential Moving Averages). Both the 12-day and the 26-day EMA are rising - another bullish signal. In the past week, the stock's MACD has been positive every day, a reinforcing bullish signal.
In the Australian market, the stock's relative price strength percentile is rising at 82 for 6 months, 82 for 3 months and 83 for 1 month.
In the last three months the stock has hit a new 52-week high eighteen times, pointing to a significant uptrend.
The price lifted 3.3% in the last week and jumped 9.5% in the last month.
The present value of AUD1,000 invested one year ago is $A1,453 [vs $A1,149 for the All Ordinaries Index], including a capital gain of $A435 and dividend reinvested of $A18. The total return to shareholders for 1 year is 45.3%.

Fundamental measures by comparison with the sector average [in brackets] indicate:
Parity:
Dividend yield of 1% [0.9%]
Undervaluation:
Return on Equity 36.5% [17.2%]
Return on Assets 15.6% [8.2%]
Return on Capital Employed 23.1% [13.5%]
Total Liabilities/EBITDA of 3 is comfortably below the Joseph Piotroski benchmark of <5.

Note
Overbought/Bearish:
The 1.5% discount to 12-month high of $A270.98 against the 56.2% premium to 12-month low of $A170.89 suggests the climb might be peaking.

SECTION 2: Ranking

DescriptionValueRank In Market
MCap $US billion83In Top 1%
Price/MAP2001.23In Top Quartile
Today's Volatility %1.7In Top Quartile
52-week Range (in $A)170.9-271.0 
1-month Range (in $A)242.0-271.0 
RSI73.0Bearish
Stochastic-10.4Bearish


CSL Limited (AU:CSL; ASX:CSL; AX:CSL)
ISIN: AU000000CSL8
PermID: 4295856855

Source: www.BuySellSignals.com