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EXS - Exco Resources

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hits year-high 11th time in three months

http://www.buysellsignals.com/BuySellSignals/report/Australia/Stock/PDF/Daily/Australia_pdf_807.pdf

Exco Resources hits year-high 11th time in three months

Exco Resources, Australia's 110th largest materials company by market capitalisation, hit a 52-week high of 57.50c during the day. In the last three months the stock has hit a new 52-week high eleven times, pointing to a significant uptrend. The stock rose for a second day on Monday bringing its two-day rise to 6.0c or 11.8%. The stock price surged 4.50c (or 8.6%) to close at 57.0c. Compared with the All Ordinaries index, which fell 8.0 points (or 0.2%) on the day, this was a relative price change of 8.7%.

RELATIVE VALUATION INDICATORS - RVI™ - FUNDAMENTAL ANALYSIS
Bearish Signals:
The Price to Book of 3.4 higher than average of 2.7 for the Materials sector and 2.5 for the Total Australian Market.

RELATIVE VALUATION INDICATORS - RVI™ - TECHNICAL ANALYSIS
Bullish Signals:
The price soared 10.7% in the last week and 28.1% in the last month.
This has been propped up by firm volume of 1.9 times average for the week and 1.8 times average for the month.
Compared with the All Ordinaries index which rose 0.5% for the week and 4.8% for the month, this represented a relative price increase of 10.2% for the week and 23.3% for the month.
In the Australian market of 1,325 stocks and 78 units traded today, the stock has a 6-month relative strength of 97 which means it is beating 97% of the market.
A price rise combined with a high relative strength is a bullish signal.
The price to 50-day EMAP ratio is 1.4, a bullish indicator. In the past 50 days this ratio has exceeded 1.4 13 times suggesting further upside. The 50-day EMAP has increased to 41.0c. 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 stock is trading above both its MAPs and the 50-day MAP of 39.0c is higher than the 200-day MAP of 28.0c.
In the last three months the stock has hit a new 52-week high eleven times, pointing to a significant uptrend.

PRICE VOLUME DYNAMICS
Volatility
The stock traded between an intraday low of 52.50c and a high of 57.50c. The price range has expanded in the last two days (from 4.0c two days ago to 5.0c today) which, accompanied by a price rise, is a bullish signal. Today its volatility of 9.5% was 6.7 times its average volatility of 1.4%. A price rise on high volatility is a bullish signal.

Volume and turnover period
There were 2,145,072 shares worth $1.2 million traded. The volume was 3.4 times average trading of 629,150 shares. The turnover rate in the 12 months to date was 48.5% (or a turnover period of 2 years 22 days).

% Discount to high
The last price is at a discount of 0.9% to the 12-month high of 57.50c.
 
from Getagraph.com:

SHORT TERM COMMENTARY:
Exco Resources Limited [Monday 20 Sep. 2010]:
(Autocomments)

Exco Resources Limited is up by 7.55% yesterday from AUD 0.53 to AUD 0.57 , and has now gained 3 days in a row. It will be exciting to see if it manages to continue the gaining strike or take a minor break for the next few days. In the last 10 days the price of Exco Resources Limited has been rising in a total of 6 out of 10 days, and is up by 18.75% over the past 2 weeks. Volume also increased last day along with the price which is positive technical sign, and in total there was traded 1,87 million more shares than the day before. In total there were bought and sold 2,15 million shares for approx. AUD 1,22 million.

3 MONTH TREND
Exco Resources Limited lays the middle of a very wide and strong rising trend on short term and further rise within the trend is signalized. Given the current short term trend the stock is expected to rise 126.7% during the next 3 months and with 90% probability hold a price between AUD 1.18 and AUD 1.45 at the end of this period.

Support/Resistance |s
Support 1: AUD 0.48 Resistance 1: AUD N/A
Support 2: AUD 0.47 Resistance 2: AUD N/A
Support 3: AUD 0.43 Resistance 3: AUD N/A
 
SHORT TERM COMMENTARY:
Exco Resources Limited [Tuesday 21 Sep. 2010]:
(Autocomments)

Exco Resources Limited fell by -5.26% last day from AUD 0.57 to AUD 0.54. . In the last 10 days the price of Exco Resources Limited has been rising in a total of 6 out of 10 days, and is up by 14.89% over the past 2 weeks. Volume increased last day by 0,52 million shares, but on falling prices. This is may be an early warning and risk is increased a bit for the next couple of days. In total there were bought and sold 2,66 million million shares for approx. AUD 1,44 million.

3 MONTH TREND
Exco Resources Limited lays the middle of a very wide and strong rising trend on short term and further rise within the trend is signalized. Given the current short term trend the stock is expected to rise 128.6% during the next 3 months and with 90% probability hold a price between AUD 1.12 and AUD 1.49 at the end of this period.

Support/Resistance |s
Support 1: AUD 0.48 Resistance 1: AUD 0.55
Support 2: AUD 0.47 Resistance 2: AUD 0.57
Support 3: AUD 0.43 Resistance 3: AUD N/A
 
http://www.buysellsignals.com/BuySellSignals/report/Australia/Stock/PDF/Daily/Australia_pdf_807.pdf

Exco Resources hits year-high 5th time in one month and 12th time in three months
Exco Resources, Australia's 112th largest materials company by market capitalisation, hit a 52-week high of 59.50c during the day, but closed lower at 54.0c. In the last one month the stock has hit a new 52-week high five times and in the last three months twelve times, pointing to a significant uptrend. The stock price slid 3.0c (or 5.3%) to close at 54.0c, ending a two-day streak of rises. Compared with the All Ordinaries index, which fell 12.2 points (or 0.3%) on the day, this was a relative price change of -5.0%.

RELATIVE VALUATION INDICATORS - RVI™ - FUNDAMENTAL ANALYSIS
Bearish Signals:
The Price to Book of 3.2 higher than average of 2.7 for the Materials sector and 2.5 for the Total Australian Market.

RELATIVE VALUATION INDICATORS - RVI™ - TECHNICAL ANALYSIS
Bullish Signals:
The price soared 11.3% in the last month.
This has been propped up by firm volume of 1.8 times average for the month.
Compared with the All Ordinaries index which rose 4.5% for the month, this represented a relative price increase of 6.8% for the month.
In the Australian market of 1,334 stocks and 78 units traded today, the stock has a 6-month relative strength of 96 which means it is beating 96% of the market.
The price to 50-day EMAP ratio is 1.3, a bullish indicator. In the past 50 days this ratio has exceeded 1.3 25 times suggesting further upside. The 50-day EMAP has increased to 42.0c. 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.
The stock is trading above both its MAPs and the 50-day MAP of 40.0c is higher than the 200-day MAP of 28.0c.
In the last three months the stock has hit a new 52-week high twelve times, pointing to a significant uptrend.

Bearish Signals:
The price decreased 1.8% in the last week.
This has been exacerbated by robust volume of 2.4 times average for the week.
Compared with the All Ordinaries index which fell 0.1% for the week, this represented a relative price decrease of 1.7% for the week.

PRICE VOLUME DYNAMICS
Volatility
The stock traded between an intraday low of 53.50c and a high of 59.50c, suggesting a trading opportunity between peaks and troughs. Today its volatility of 11.2% was 6.9 times its average volatility of 1.6%. A price fall on high volatility is a bearish signal.

Moving average price (MAP) [with equal weightage to prices at close]
The price to 200-day MAP ratio is 1.92, a bullish indicator. In the past 200 days this ratio has exceeded 1.92 just thrice suggesting a resistance level. The stock is trading above both its MAPs and the 50-day MAP of 40.0c is higher than the 200-day MAP of 28.0c, another bullish indicator.
 
3rd highest closing high - all very impressive to me.

a new all time high of 59.5c

and whilst there was some selling, that is to be expected. there would be some holders who would be prepared to sell regardless of the near future prospects.

Afterall, we have doubled in two months, but some charts are suggesting that we might double again in the next 3 months.
 
http://www.buysellsignals.com/BuySellSignals/report/Australia/Stock/PDF/Daily/Australia_pdf_807.pdf

Exco Resources strengthens above Exponential Moving Average Price 12-day EMAP outperforms 26-day EMAP
Exco Resources, Australia's 109th largest materials company by market capitalisation, has strengthened above its trend. The MACD indicator (12 day EMA-26 day EMA) is positive, a bullish signal. In the past 26 days this indicator was positive for 23 days, suggesting further upside. The stock price advanced 3.50c (or 6.5%) to close at 57.0c, ending a two-day streak of losses. Compared with the All Ordinaries index, which rose 5.3 points (or 0.1%) on the day, this was a relative price change of 6.4%.


RELATIVE VALUATION INDICATORS - RVI™ - FUNDAMENTAL ANALYSIS
Bearish Signals:
The Price to Book of 3.4 higher than average of 2.7 for the Materials sector and 2.6 for the Total Australian Market.



RELATIVE VALUATION INDICATORS - RVI™ - TECHNICAL ANALYSIS
Bullish Signals:
The price surged 8.6% in the last week and soared 18.8% in the last month.
This has been propped up by robust volume of 2.0 times average for the week and by firm volume 1.6 times average for the month.
Compared with the All Ordinaries index which rose 0.6% for the week and 4.9% for the month, this represented a relative price increase of 7.9% for the week and 13.8% for the month.
In the Australian market of 1,292 stocks and 74 units traded today, the stock has a 6-month relative strength of 97 which means it is beating 97% of the market.
A price rise combined with a high relative strength is a bullish signal.
The price to 50-day EMAP ratio is 1.4, a bullish indicator. In the past 50 days this ratio has exceeded 1.4 19 times suggesting further upside. The 50-day EMAP has increased to 43.0c. 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 stock is trading above both its MAPs and the 50-day MAP of 41.0c is higher than the 200-day MAP of 29.0c.
The 200-day MAP has increased to 29.0c.
In the last three months the stock has hit a new 52-week high twelve times, pointing to a significant uptrend.



PRICE VOLUME DYNAMICS
Volatility
The stock traded between an intraday low of 53.50c and two-day high of 58.0c, suggesting a trading opportunity between peaks and troughs. Today its volatility of 8.4% was 6.3 times its average volatility of 1.3%. A price rise on high volatility is a bullish signal.

Volume and turnover period
There were 815,017 shares worth $458,901 traded. The volume was 1.3 times average trading of 637,349 shares. The turnover rate in the 12 months to date was 48.7% (or a turnover period of 2 years 18 days).

% Discount to high
The last price is at a discount of 4.2% to the 12-month high of 59.50c two-days ago on 21 Sep, 2010.
 
SHORT TERM COMMENTARY:
Exco Resources Limited [Thursday 23 Sep. 2010]:
(Autocomments)

Exco Resources Limited is up by 5.56% yesterday from AUD 0.54 to AUD 0.57 In the last 10 days the price of Exco Resources Limited has been rising in a total of 6 out of 10 days, and is up by 16.33% over the past 2 weeks. Volume also increased last day along with the price which is positive technical sign, and in total there was traded 493 504 more shares than the day before. In total there were bought and sold 815 017 shares for approx. AUD 464 560.

3 MONTH TREND
Exco Resources Limited lays the middle of a strong rising trend on short term and further rise within the trend is signalized. Given the current short term trend the stock is expected to rise 185.9% during the next 3 months and with 90% probability hold a price between AUD 1.52 and AUD 1.66 at the end of this period.


Support/Resistance |s
Support 1: AUD 0.48 Resistance 1: AUD N/A
Support 2: AUD 0.47 Resistance 2: AUD N/A
Support 3: AUD 0.43 Resistance 3: AUD N/A
 
StockAnalysis have just lifted their valuation target to 92 cps. So they would have been happy to see some stock become available for sale, so that their clients could avail themselves of the opportunity.

Exco has been a long-time StockAnalysis favourite and they are particularly pleased as to how well the White Dam gold project is progressing. They note how the cash flow is increasing the freedom for EXS to explore the options for the Cloncurry project.

As StockAnalysis state, Exco is now focused on expanding nearby gold mineralisation in South Australia so that it can extend mine life beyond 3 years, while moving towards an investment decision at its Cloncurry copper project. StockAnalysis expects that the White Dam gold project will run until at least early 2014, with potential for a follow-on copper/gold project likely, once the gold rich oxide cap is removed.

When you consider that in addition to the cash flow being generated at White Dam, that there are parties lining up to assist with the development at Cloncurry, any finance concerns that might have existed some time ago, look to have now disappeared.
 
We now know that JP Morgan has been a seller in recent days, and quite possibly were selling some more yesterday afternoon. I did take a few from the sellers, but not as many as I should have.

I suspect it may be a quarterly balance of portfolio performance; they may have needed to book some profits. If so the sell-off is likely to be short-lived but still annoying.

One has to think that the selling was forced upon them by their mandates, because they would be aware that the clock is about 5 minutes to midnight, from the time when a very important decision (about moving to production one way or the other) is going to be made. Those that bought yesterday, might make some very quick profits.

Perhaps that crossing was the last of the parcel available for sale.

Now to see how much damage they have done - will it meet with much resistance to get back over 53c?
 
October 5, 2010


This story makes EXS look very profitable.

Copper Will Trade at $11,000 in a Year, Goldman Says



Copper will trade at $11,000 a metric ton in a year, Goldman Sachs Group Inc. said as it raised price estimates because of swelling demand.

The forecast implies a 35 percent gain from the metals current price. The bank had predicted on Sept. 17 that copper would trade at $8,050 a ton in 12 months. Goldman today advised investors to buy the December 2011 contract as increasing demand leads to shortages of the metal.

Copper for three-month delivery traded on the London Metal Exchange jumped 23 percent in the third quarter, the most in a year, helped by falling stockpiles and a weaker dollar. LME inventories shrank by 17 percent in the period, and the U.S. Dollar Index, a six-currency gauge of the greenbacks strength, slid 8.5 percent, the most since 2002.

Supply-demand deficits look set to grow on emerging- market strength and improving demand from developed economies, which we expect to significantly outpace supply growth, drawing down inventories and creating market shortages,analysts including London-based Jeffrey Currie said in the report. We don't believe that the market is fully pricing these shortages and the potential for demand rationing that lies ahead in 2011.
 
Extracted comments from this morning notes from Shaw Stockbroking:

Exco Resources

Value Compelling

Target 80c

Spot valuation is $1.60

EXS recently announced impressive drill results from Salebury ? we anticipate growth in resources ? several rigs active in the area ? we believe that value of the ground is further indicated by the recent results.

We still believe that a deal on the CCP with one of the active players in the area is highly probable and could lead to a substantial re-rating of EXS. Our valuation of 81cps is based on relatively conservative price forecast (Cu @ US$2.61 vs spot @ US$3.50 lb and gold at 10% below spot for the next 2 years US$850 long term).


buying pattern this morning suggests to me that it is extremely similar to what it was like when Shaws were very active in the stock previously.


with copper currently sitting at US$3.73 and gold at US$1343, their valuation for EXS is way too conservative.
 
This is all coming together nicely for EXS as they sit down at the boardroom table to determine which offer for the Cloncurry project gives holders the best outcome.

http://af.reuters.com/article/metalsNews/idAFLDE6940UJ20101005

METALS-Copper at two-year high on monetary easing bets
Tue Oct 5, 2010 5:08pm GMT


By Marie-Louise Gumuchian and Melanie Burton

LONDON, Oct 5 (Reuters) - Copper hit its highest in more than two years on Tuesday, as Japan unexpectedly lowered interest rates, raising expectations of further easing in other major economies, and the dollar dropped against the euro.

Benchmark copper for three-months delivery on the London Metal Exchange rallied to $8,229 a tonne, the highest since late July 2008, from a close of $8,064 on Monday. The metal used in power and construction closed at $8,175.

"Everything is just exploding on the upside. The new event really overnight was the BOJ saying it was going to ...ease monetary conditions. We've obviously also had the Fed say it's going to embark on new easing measures - who's next?" said analyst Robin Bhar of Credit Agricole. Tin rose to a new all-time high at $26,010 a tonne on persistent supply worries from top exporter Indonesia while zinc, lead and nickel and aluminium touched their highest in five months.

"Further dollar weakness is certainly driving things and that is really a response to (a) strengthening euro," Daniel Brebner, analyst at Deutsche Bank, said. "The market is reacting to further monetary accommodation out of Japan.

"We've seen very strong pricing in the precious metals and there's a bit of a sympathetic move on the base metals complex because they do react to macroeconomic policy."

The Bank of Japan pledged to pump more funds into the struggling economy and keep interest rates virtually at zero, surprising markets and stealing a march on the Federal Reserve in providing a fresh dose of economic stimulus.

The euro jumped against the dollar on reported Asian buying, pushing the greenback to an 8-1/2 month trade-weighted low.

Metals tend to benefit as the dollar falls, because a weaker dollar makes them cheaper for holders of other currencies.

In economic news, the Institute for Supply Management said its U.S. monthly non-manufacuring business activity index hit its lowest level since January.

Investors will also look out for a key jobs report later this week for further clues on the pace of recovery in the world's largest economy.

If the economic data remains lacklustre, it will likely reinforce bets that the U.S. Federal Reserve will embark on more monetary easing, which should erode dollar values further and bolster the appeal of metals as a hedge against inflation.


SUPPLY TIGHTNESS
Market balances in copper have been tightening for many months, with stocks in LME warehouses tumbling more than 30 percent since the middle of February. Tuesday's data showed LME stocks down 350 tonnes to 374,100 tonnes.

Zinc closed near five-month highs of $2,313, at $2,312, up 3.7 percent from its $2,230 at the close on Monday. Among other metals, aluminium hit $2,388.75 a tonne, its most expensive since mid-April, before finishing at $2,380 a tonne, up from $2,363.

Battery material lead rallied to $2,340, its highest since April 27, and wound up at $2,311 from $2,277, while stainless steel ingredient nickel ended at $24,700 versus $24,140 after hitting $24,800 a tonne, its highest since early May.

Tin registered a four percent rise to finish at $25,900, as against $24,900 at the close on Monday. Indonesia's refined tin output may fall nearly 6 percent this year as heavy rains hit mining and more easily mined onshore reserves are being depleted, an analyst at the International Tin Research Institute said.
 
All bullish signals tonight!

http://www.buysellsignals.com/BuySellSignals/report/Australia/Stock/PDF/Daily/Australia_pdf_807.pdf

Exco Resources increases 2.0% on high volume rising for a second consecutive day, a two day rise of 6.2%

Exco Resources rose 1.0c (or 2.0%) on high volume to close at 51.0c. Compared with the All Ordinaries index, which rose 77.4 points (or 1.7%) on the day, this was a relative price change of 0.3%. The stock rose for a second day on Wednesday bringing its two-day rise to 3.0c or 6.2%.

RELATIVE VALUATION INDICATORS - RVI™ - FUNDAMENTAL ANALYSIS
Bullish Signals:
The Price to Book of 3.1 lower than average of 3.9 for the Materials sector.

RELATIVE VALUATION INDICATORS - RVI™ - TECHNICAL ANALYSIS
Bullish Signals:
The price added 3.0% in the last week and increased 2.0% in the last month.
This has been propped up by firm volume of 1.2 times average for the week and 1.4 times average for the month.
Compared with the All Ordinaries index which rose 0.9% for the week, this represented a relative price increase of 2.1% for the week.
In the Australian market of 1,326 stocks and 73 units traded today, the stock has a 6-month relative strength of 94 which means it is beating 94% of the market.
A price rise combined with a high relative strength is a bullish signal.
The price to 50-day EMAP ratio is 1.2, a bullish indicator. In the past 50 days this ratio has exceeded 1.2 44 times suggesting further upside.
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.
The stock is trading above both its MAPs and the 50-day MAP of 46.0c is higher than the 200-day MAP of 30.0c.
In the last three months the stock has hit a new 52-week high twelve times, pointing to a significant uptrend.

PRICE VOLUME DYNAMICS
Volatility
The stock traded between an intraday low of 50.50c and five-day high of 53.0c, suggesting a trading opportunity between peaks and troughs.

Moving average price (MAP) [with equal weightage to prices at close]
The price to 200-day MAP ratio is 1.69, a bullish indicator. In the past 200 days this ratio has exceeded 1.69 33 times suggesting further upside. The stock is trading above both its MAPs and the 50-day MAP of 46.0c is higher than the 200-day MAP of 30.0c, another bullish indicator.

Exponential Moving Average Price (EMAP) [with higher weightage to recent prices]
The price to 50-day EMAP ratio is 1.2, a bullish indicator. In the past 50 days this ratio has exceeded 1.2 44 times suggesting further upside.

Moving Average Convergence Divergence (MACD)
The MACD indicator of 12-day Exponential Moving Average (EMA) minus the 26-day EMA is positive suggesting a bullish signal.

Relativities
Today its percentile rank in the Australian market was 67. In the Australian market of 1,326 stocks and 73 units traded today, the stock has a 6-month relative strength of 94 which means it is outperforming 94% of the market. A price rise combined with a high relative strength is a bullish signal.
 
financial chat said:
Exco has been awarded 2010 Queensland Explorer of the Year this evening in Brisbane.
Click to expand...

also re comments on "outstanding breakout alert" thread, EXS have a good presentation which has done the rounds of the latest "Mining 2010 Resources Convention Presentation" and I assume there will continue to be support of their SP from the IVA proximity and accrual of shares related to this....I have been accumulating heavily as this seems like a much lower risk buy of a solid producing company with good prospects and with a bit of takeover support thrown in. Not to mention that they play with the 2 most popular (currently) metals around and looking for more with 3 drill rigs.

note also this announcement:
ASX release said:
4 November 2010
Market Release (via electronic lodgement)
EXPLORATION UPDATE
FURTHER POSITIVE RESULTS AT SALEBURY & FISHER CREEK
Salebury
• ECDD007 intersected 46m @ 1.43% Cu & 1.51 g/t Au including 14m @ 1.84% Cu & 2.45 g/t
Au, and 11m @ 2.50% Cu & 2.57 g/t Au.
• These positive results from the latest round of drilling confirm the presence of a sizeable
mineralised structure at Salebury. Further drilling will be carried out with a view to establishing an
initial resource.
Fisher Creek
• ECDD006 was drilled to follow-up on previous high grade intersections and returned 21m @
1.08% Cu & 0.47 g/t Au including 9m @ 1.59% Cu & 0.89 g/t Au.
Future Work
• Exploration is ongoing with three drill rigs employed across a number of key targets. Priority has
been given to the Hazel Creek project where widespread visual Iron Ore ,Copper,Gold (IOCG)
mineralisation has been intersected and initial assays confirm typical IOCG grades.
Click to expand...
 
I agree mr. jeff

Exco is well managed & with the cashflow from White Dam (Gold Project) now flowing, they can do all the drilling they want.
This company has often had a tight cash flow in the past, this may now be over.
The decision on the CCP should come by years end & will set the business up to have a good cash flow from both Gold & Copper.

cheers
 
http://www.buysellsignals.com/BuySellSignals/report/Australia/Stock/PDF/Daily/Australia_pdf_807.pdf

Exco Resources strengthens above 50 day Exponential Moving Average Price

Exco Resources has strengthened above its trend. The price to 50-day EMAP ratio is 1.4, a bullish indicator.

In the past 50 days this ratio has exceeded 1.4 six times suggesting further upside. The 50-day EMAP has increased to 46.0c. An increase is another bullish indicator. The stock advanced for a fifth consecutive day on Tuesday, its longest such streak since 23 Aug, 2010. The stock price climbed 3.0c (or 5.2%) to close at 61.0c. Compared with the All Ordinaries index, which fell 34.5 points (or 0.7%) on the day, this was a relative price change of 5.9%.

RELATIVE VALUATION INDICATORS - RVI - FUNDAMENTAL ANALYSIS

Bearish Signals:
The Price to Book of 3.7 higher than average of 2.8 for the Total Australian Market and 2.8 for the Total Australian Market.

RELATIVE VALUATION INDICATORS - RVI - TECHNICAL ANALYSIS

Bullish Signals:- The price soared 17.3% in the last week.
This has been propped up by firm volume of 1.4 times average for the week.
Compared with the All Ordinaries index which rose 1.0% for the week and 1.7% for the month, this represented a relative price increase of 16.3% for the week and 19.1% for the month.
In the Australian market of 1,344 stocks and 68 units traded today, the stock has a 6-month relative strength of 95 which means it is beating 95% of the market.
A price rise combined with a high relative strength is a bullish signal.
The price to 50-day EMAP ratio is 1.4, a bullish indicator. In the past 50 days this ratio has exceeded 1.4 six times suggesting further upside. The 50-day EMAP has increased to 46.0c. 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 stock is trading above both its MAPs and the 50-day MAP of 52.0c is higher than the 200-day MAP of 34.0c.
The 200-day MAP has increased to 34.0c.
In the last three months the stock has hit a new 52-week high fourteen times, pointing to a significant uptrend.

PRICE VOLUME DYNAMICS

Volatility
The stock traded between an intraday low of 58.50c and a high of 62.50c, suggesting a trading opportunity between peaks and troughs. Today its volatility of 6.8% was 4.1 times its average volatility of 1.7%. A price rise on high volatility is a bullish signal.

Volume and turnover period
There were 974,892 shares worth $587,101 traded. The volume was 1.5 times average trading of 652,940 shares. The turnover rate in the 12 months to date was 49.98% (or a turnover period of 2 years ).

% Discount to high
The last price is at a discount of 2.4% to the 12-month high of 62.50c.

Volume weighted price (VWP)
The price is at a premium of 13.1% to the 1-month volume weighted average price of 54.0c. Given that this premium has been under 13.1% ninety-four times and over 13.1% twenty-seven times in the last year, the downside:upside probability is estimated at 94:27 or 3.5:1.

Beta is 3.4.
 
from Getagraph.com:

SHORT TERM COMMENTARY:
Exco Resources Limited [Tuesday 9 Nov. 2010]:
(Autocomments)

Exco Resources Limited is up by 5.17% yesterday from AUD 0.58 to AUD 0.61, and has now gained 6 days in a row. It is not often stocks manage to gain so many days in a row, and a day or two with fall should be expected. In the last 10 days the price of Exco Resources Limited has been rising in a total of 7 out of 10 days, and is up by 17.31% over the past 2 weeks. Volume also increased last day along with the price which is positive technical sign, and in total there was traded 71 883 more shares than the day before. In total there were bought and sold 974 892 shares for approx. AUD 594 684.

3 MONTH TREND
Exco Resources Limited lays the middle of a wide and strong rising trend on short term and further rise within the trend is signalized. Given the current short term trend the stock is expected to rise 22.9% during the next 3 months and with 90% probability hold a price between AUD 0.64 and AUD 0.79 at the end of this period.

Support/Resistance |s
Support 1: AUD 0.57 Resistance 1: AUD N/A
Support 2: AUD 0.54 Resistance 2: AUD N/A
Support 3: AUD 0.47 Resistance 3: AUD N/A
 

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