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Vet67to82
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Vet67to82's Blog : Shorting Financials = Bad idea (WIBC)

Date January 11, 2010  Edited: March 11, 2010    Comments Comments (0)    Rate this post Recommend This Post (98)   
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Wilshire Bancorp Inc WIBC 1/11/2010 2:18 PM ET
$7.80 -0.17 -2.13% Vol. 72,767

Select Fundamentals

Avg Vol (10 day) 149.0 Thousand
EPS Normalized (MRFY) 0.89
Rev per share (TTM) 4.60
BV per share (MRQ) 9.26
Tangible BV per share (MRQ) 8.96
Cash per share (MRQ) 4.81
Cash flow per share (TTM) 0.70
Indicated Annual Dividend (US) 0.20

Chart Checkup ( Short term: 10 day / 15 minute )

Moving Average Price Compare -- No current signals ( Neutral )

Moving Averages -- No current signals ( Neutral )

Bollinger Bands ( Neutral )
WIBC is trading within its Bollinger Bands. This is a normal condition and suggests that the stock is neither overbought nor oversold relative to the recent price action.

Stochastics ( Bearish )
The Stochastic Oscillator is registering a weak bearish signal as the %K line has crossed under the %D. However, the oscillator is currently above the critical value of 80, identifying WIBC as being overbought. An overbought condition means that the recent upwards momentum is not sustainable. Investors should watch for the oscillator to move below 80 which will increase the bearishness of this signal.

On Balance Volume ( Bullish )
The On Balance Volume indicator (OBV) shows that longer term selling pressure has given way to near term accumulation.

Price Channel ( Bullish )
WIBC has been relatively stable recently. This is evidenced by the width of its price channel which is tighter than is normal due to the low volatility. Additionally, WIBC is trading above its 5 minute price channel. This means that the stock is trading at a new high for the period and the price channel will update to reflect that.

** Note: The 15 minute chart looks like an attempt at a bottom is being made. Fundamentals support this opinion in that WIBC is trading $1.46 below book value, more than a buck $$ below tangible book value, and the cash flow per share is more that ample to support the dividend.
Tags : MRFY   TTM   MRQ   US   OBV   WIDC  

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