| trend | adx | psar | pps | macd | macd trend | sto | sto trend | |
|---|---|---|---|---|---|---|---|---|
| BBT $34.81 |
A persistent push past $35.40 would confirm that th euptrend has indeed resumed. The most recent increase began in late February.
The present price level is within a region of dense congestion dating back to October 2008, when capitalist finance was in the process of collapsing.
A prudent strategy would be to wait for a close above the swing high before opening a bull position.
Reversal Levels
- $45.31, +30.2%
- $40.00, +14.9%
- $36.60, +5.1%
- $35.40, +1.7%
- $34.81 <==You are here.
- $31.46, -9.6%
The average directional index has weakened to 22 since the swing high. However, the prior rise produced adx readings as high as 50, so I count it as a strongly trending stock once the breakout occurs.
Martin Pring's detailed deconstruction of the economic cycle: What sorts stocks to look for at each stage of the recovery. A masterful analysis.
Skynet Panic of May 6
Panic Looks Like This
Skynet Panic Poisons Technical Tools
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.
New to private trading? Here's a look at How to Become a Private Trader.
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