| trend | adx | psar | pps | macd | macd trend | sto | sto trend | |
|---|---|---|---|---|---|---|---|---|
| AOD $6.83 |
The parabolic sar is showing bullish on Friday. The macd has moved up toward the zero-line for three days in a row. And all important, the price four times this week has shown either a higher high or (once) no change from the prior day's high.
However, there is still some bullishness lacking.
Person's Proprietary Signal, which often leads the psar, has been showing bear phase since April 26. A longer-term signal, the macd 9-day exponential moving average, continues to point downward. A shorter-term grasshopper signal, the stochatic, is trending sideways in the neutral zone.
Also, the price increase after the first day has come with declining volume. And trading today has been within the short-term DeMark pivot points; a break-out above them would be more bullish.
AOD's main attraction is the high dividends -- more than 21% at these price levels. The dividends are paid monthly, which minimizes the ex-div hit to the price. AOD next goes ex-dividend on June 22, with the dividend paid on June 30.
Gerald Appel, the inventor of the MACD tech analysis tool, gives hard-earned wisdom on stock picking and the timing of tardes. A masterwork by a market master.
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
- 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.
New to private trading? Here's a look at How to Become a Private Trader.
Disclaimer
Tim Bovee, Private Trader tracks the trades of a private trader for his own accounts. Nothing in this blog constitutes a recommendation to buy or sell stocks, options or any other financial instrument. The only purpose of this blog is to provide education and entertainment.
No trader is ever 100 percent successful in his or her trades. Trading in the stock and option markets is risky and uncertain. Each trader must make trading decision decisions for his or her own account, and take responsibility for the consequences.
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