DBS Bank: Technicaly Bearish!

DBS Bank is forming a Falliing Wedge and is also technically bearish as the stock price is trading below 20D, 50D and 200D SMA. The 20D/200D SMA death cross is going to happen in next few days inevitably which is another bearish signal.

  • Next Immediate Support: $13.72 (38.2% Fibonacci Retracement Level)
  • Next Immediate Resistance: $14.00 (200D SMA, Falling Wedge Resistance & Psychological Resistance)

Key Statistics for DBS

Current P/E Ratio (ttm) 9.9467
Estimated P/E(12/2012) 9.8928
Relative P/E vs.FSSTI 0.8155
Earnings Per Share (SGD) (ttm) 1.3914
Est. EPS (SGD) (12/2012) 1.3990
Est. PEG Ratio 0.8678
Market Cap (M SGD) 33,721.57
Shares Outstanding (M) 2,436.53
30 Day Average Volume 3,164,300
Price/Book (mrq) 1.1073
Price/Sale (ttm) 3.1827
Dividend Indicated Gross Yield 4.05%
Cash Dividend (SGD) 0.2800
Last Dividend 08/15/2012
5 Year Dividend Growth -0.58%
Next Earnings Announcement 02/08/2013

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