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I got a positive signal on KENSEY NASH CP, symbol (KNSY) at 28.73 on 5/9/2008
Price and moving averages:
KENSEY NASH CP, symbol (KNSY), has closed below its short time moving average.
The short time moving average is currently above mid-time, and above long time moving averages.
The relationship between price and moving averages is: neutral in short-term, and bullish in mid-long term.
Bollinger Bands:
KENSEY NASH CP, symbol (KNSY), has closed above the upper band by 68.0%. Although prices have broken the upper band and a upside breakout is possible, the most likely scenario for KENSEY NASH CP, symbol (KNSY), is to continue within current trading range.
Bollinger Bands are 30.9% narrower than normal.
The current width of the bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.
Levels:
We find traditional support at 28.51 and resistance at 30.77. The price is above the 50 Day MA, which is a bullish sign and gives us a clear support area at 28.4568. We haven't detected any particular candle pattern on this stock.
Fundamentals:
At this point the P/E ratio of KENSEY NASH CP is 119.667, which compared to the SP500 P/E ratio this quarter of 17.7 makes it relatively expensive. The company is growing, as shown by a PEG (price/earnings growth) of 1.03.
This should be a tradable stock, not to get in love with.
Actually, it should be considered as a short term swing trade.
This commentary is not a recommendation to buy or sell. This is a comment about technical levels and relative performance of the stock mentioned.
I got a positive signal on INLAND REAL ESTAT, symbol (IRC) at 15.65 on 5/9/2008
Price and moving averages:
INLAND REAL ESTAT, symbol (IRC), has closed below its short time moving average.
The short time moving average is currently above mid-time, and above long time moving averages.
The relationship between price and moving averages is: neutral in short-term, and bullish in mid-long term.
Bollinger Bands:
INLAND REAL ESTAT, symbol (IRC), has closed above bottom band by 47.7%.
Bollinger Bands are 44.2% narrower than normal.
The narrow width of the bands suggests low volatility as compared to IRC's normal range. Therefore, the probability of volatility increasing with a sharp price move has increased for the near-term. The bands have been in this narrow range for 11 bars. The probability of a significant price move increases the longer the bands remain in this narrow range.
Levels:
We find traditional support at 15.7908 and resistance at 16.8891. The overall pattern is a ascending wedge. The price is above the 50 Day MA, which is a bullish sign and gives us a clear support area at 15.4338. We haven't detected any particular candle pattern on this stock.
Fundamentals:
At this point the P/E ratio of INLAND REAL ESTAT is 23.3582, which compared to the SP500 P/E ratio this quarter of 17.7 makes it relatively expensive. The company is growing, as shown by a PEG (price/earnings growth) of 2.7. As a bonus, it pays a dividend per share of 0.98.
This should be a tradable stock, not to get in love with.
Actually, it should be considered as a short term swing trade.
This commentary is not a recommendation to buy or sell. This is a comment about technical levels and relative performance of the stock mentioned.
I got a positive signal on INTERNATIONAL COA, symbol (ICO) at 9.42 on 5/9/2008
Price and moving averages:
INTERNATIONAL COA, symbol (ICO), has closed above its short time moving average.
The short time moving average is currently above mid-time, and above long time moving averages.
The relationship between price and moving averages is: bullish in short-term, and bullish in mid-long term.
Bollinger Bands:
INTERNATIONAL COA, symbol (ICO), has closed above the upper band by 640.8%. This combined with the steep uptrend suggests that the upward trend in prices has a good chance of continuing. However, a short-term pull-back inside the bands is likely.
Bollinger Bands are 0.6% narrower than normal.
The current width of the bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.
Levels:
We find traditional support at 6.95 and resistance at 9.49. The price is above the 50 Day MA, which is a bullish sign and gives us a clear support area at 6.9628. We haven't detected any particular candle pattern on this stock.
Fundamentals:
At this point the P/E ratio of INTERNATIONAL COA is -9.91753, which compared to the SP500 P/E ratio this quarter of 17.7 makes it relatively cheap. The company is growing, as shown by a PEG (price/earnings growth) of 6.05.
This should be a tradable stock, not to get in love with.
Actually, it should be considered as a short term swing trade.
This commentary is not a recommendation to buy or sell. This is a comment about technical levels and relative performance of the stock mentioned.
I got a positive signal on HANGER ORTHOPEDIC, symbol (HGR) at 12.06 on 5/9/2008
Price and moving averages:
HANGER ORTHOPEDIC, symbol (HGR), has closed above its short time moving average.
The short time moving average is currently above mid-time, and above long time moving averages.
The relationship between price and moving averages is: bullish in short-term, and neutral in mid-long term.
Bollinger Bands:
HANGER ORTHOPEDIC, symbol (HGR), has closed above the upper band by 141.3%. Although prices have broken the upper band and a upside breakout is possible, the most likely scenario for HANGER ORTHOPEDIC, symbol (HGR), is to continue within current trading range.
Bollinger Bands are 34.9% narrower than normal.
The current width of the bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.
Levels:
We find traditional support at 10.01 and resistance at 11.45. The price is above the 50 Day MA, which is a bullish sign and gives us a clear support area at 11.1732.
Candlestick Commentary
The price forms the candlestick pattern Evening Star, which is a reversal pattern.
According to Nison you need to consider the following: Gap between Second and third bodies does NOT always occur.
LitWick considers that the reliability of this pattern is High.
Fundamentals:
At this point the P/E ratio of HANGER ORTHOPEDIC is 18.75, which compared to the SP500 P/E ratio this quarter of 17.7 makes it relatively expensive. The company is growing, as shown by a PEG (price/earnings growth) of 2.21.
This should be a tradable stock, not to get in love with.
Actually, it should be considered as a short term swing trade.
This commentary is not a recommendation to buy or sell. This is a comment about technical levels and relative performance of the stock mentioned.
I got a positive signal on GENUINE PARTS CO, symbol (GPC) at 42.94 on 5/8/2008
Price and moving averages:
GENUINE PARTS CO, symbol (GPC), has closed above its short time moving average.
The short time moving average is currently above mid-time, and above long time moving averages.
The relationship between price and moving averages is: bullish in short-term, and bullish in mid-long term.
Bollinger Bands:
GENUINE PARTS CO, symbol (GPC), has closed below upper band by 11.2%.
Bollinger Bands are 5.0% wider than normal.
The current width of the bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.
Levels:
We find traditional support at 40.85 and resistance at 42.85. The overall pattern is a descending wedge. The price is above the 50 Day MA, which is a bullish sign and gives us a clear support area at 41.4242. However, we must remember that we are still in bear territory, and we need to break above 45.6566 for this trade to be a real bull trade. We haven't detected any particular candle pattern on this stock.
Fundamentals:
At this point the P/E ratio of GENUINE PARTS CO is 14.5168, which compared to the SP500 P/E ratio this quarter of 17.7 makes it relatively cheap. The company has shown an EPS of 2.98, which is an indication of profitability and not a very high dilution. The company is growing, as shown by a PEG (price/earnings growth) of 1.4. As a bonus, it pays a dividend per share of 1.49.
This one looks like a good candidate to keep in a long term portfolio.. The 1.49 should help mitigate some risk
This commentary is not a recommendation to buy or sell. This is a comment about technical levels and relative performance of the stock mentioned.
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