| trend | adx | psar | pps | macd | macd trend | sto | sto trend | |
|---|---|---|---|---|---|---|---|---|
| FNM $1.20 |
As of 10:25 a.m. Eastern the trading price is the same as the open, and in two out of the three past trading days, the stock closed right where it opened. This is tight balance between the supply and demand of shares.
Minutes later, the price rose by a penny up to the Fib line. Since the minimum 1¢ move is 0.8%, the stock has a built-in volatility.
FNM's technical signals remain bullish but the macd and stochastic are deteriorating. The trend, as marked by the 5-day moving average, is decidedly down.
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This signal will be followed in the daily Watchlist, which is posted beginning around 2:45 p.m. Eastern. Look for it at www.timbovee.com.
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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