Thursday, April 29, 2010

CIEN Watch

Ciena Corp. (CIEN) is showing a bull flag on Person's Proprietary Signal, confirming a four-day-old bull signal from the parabolic sar.
trendadxpsarppsmacdmacd
trend
stosto
trend
CIEN $18.38

The macd is barely moving off of the zero line, and the stochastic has crept gently into overbought territory, a bullish signal as long as it doesn't dip back into neutrality.

A bull signal is aligned with an uptrend that has been in force for months.


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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: Determined by the 5-day moving average, green for up, red for down, yellow for sideways
  • adx: orange for above 30-up, blue for 20-down, purple 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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