| trend | adx | psar | pps | macd | macd trend | sto | sto trend | |
|---|---|---|---|---|---|---|---|---|
| X $53.06 |
X is one of the many stocks who participated in Thursday's Skynet Panic, to the tune of 9% below the eventual close. So the psar, along with some other indicators, must be taken with a huge lump of salt. The psar was poisoned by the abnormal software-driven intraday low, and will remain suspect for maybe 10 trading days or so.
However, for X the macd has been in bear mode since April 9, so a bear signal is not a terribly off-the-wall bet. The average directional index, which was untainted by the panic, has a reading of 30.
Reversal levels
- $55.83, +5.2%
- $53.06 <== You are here.
- $50.05, -5.7%
- $44.01, -17.1%
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
Also on Private Trader:
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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