Today's low, at $106, is at the same price as Friday's close.
| trend | adx | psar | pps | macd | macd trend | sto | sto trend | |
|---|---|---|---|---|---|---|---|---|
| FNM $1.08 |
The price pattern could be interpreted as a pennant -- a continuation pattern -- with March 9 rise from 99¢ to $1.17 as the base. Continuation in this case would a continuation up, I would think, something that flies in the face of all the signals except the sto.
I say sloppy because there are some piercings of the upper and lower trendlines, but with a low priced stock, where the minimum movement is about 1% of the price, quantum leaps are common.
Next earnings are March 6.
Abbreviations:
psar - Parabolic Stop and Reverse
adx - Average Directional Index
pps - Person's Proprietary Signal
ma20 - 20-day moving average
macd - Moving Average Convergence-Divergence
mfi - Money Flow Index
sto - Fast Stochastic
About the glance: The colors indicate the state of each signal.
- trend: green for up, red for down, yellow for sideways
- adx: green for above 30-up, red for 20-down, yellow for in the middle. Red is most prone to whipsaws
- psar, pps, macd: green for bull mode, red for bear
- sto: green for overbought, red for oversold, yellow for the neutral zone.
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