JULY 18 NASDAQ Two Best Stocks: CTE and GRFS

NASDAQ: CTE (SinoTech Energy Limited)

NASDAQ: CTE (SinoTech Energy Limited) has closed at $4, and its traded Volume was 450.2K shares, CTE opened the Day at $3.68, it made an intraday Low of $3.63, and an intraday High of $4.0525. Price and Moving Averages analysis: CTE’s close price is above its Short term moving average, short term moving average is currently below mid-term, and below long term moving averages. From the relationship between price and moving averages: This stock is NEUTRAL in short-term, and BEARISH in mid-long term. Bollinger Band analysis: CTE (SinoTech Energy Limited) has closed below upper band by 44.7%. Bollinger Bands are 41.3% narrower than normal. The narrow width of the bands suggests low volatility as compared to CTE’s normal range. The bands have been in this narrow range for 0 bars. This is a sign that the market may be about to initiate a new trend. CTE (SinoTech Energy Limited) Yearly High is $9, Yearly Low is: $3.6, it has supports at $3.59 and $2.98, resistances at $5.36 and $6.46. Overall, this stock is rated STRONG BUY today.

CTE’s earning is $-0.76 per share, Next quarter estimated EPS is $0.17, current year estimated EPS is $0.67. Its PE ratio is -5.

NASDAQ: GRFS (Grifols S.A.)

NASDAQ: GRFS (Grifols S.A.) has closed at $7.78, and its traded Volume was 5915.5K shares, GRFS opened the Day at $7.64, it made an intraday Low of $7.535, and an intraday High of $7.78. Price and Moving Averages analysis: GRFS’s close price is above its Short term moving average, short term moving average is currently below mid-term, and below long term moving averages. From the relationship between price and moving averages: This stock is NEUTRAL in short-term, and NEUTRAL in mid-long term. Bollinger Band analysis: GRFS (Grifols S.A.) has closed below upper band by 11.7%. Bollinger Bands are 0% narrower than normal. GRFS (Grifols S.A.) Yearly High is $7.78, Yearly Low is: $6.85, it has supports at $7.47 and $6.84, resistances at $8.5 and $9.92. Overall, this stock is rated BUY today.

GRFS’s earning is $0.39 per share, Next quarter estimated EPS is $0, current year estimated EPS is $0. Its PE ratio is 20.