Friday, August 27, 2010

EBAY Watch

The online auction house eBay Inc. (EBAY) has moved to bear phase on the parabolic sar, leaving only one major signal still in bull phase. The price remains above the 20-day moving average but below the 200-day ma.

EBAY $22.76

On the Person's chart the price today pierced the midline before retreating to its level, $22.74.

See my earlier reports about EBAY's bearish turn on Aug. 24 and Aug. 26.

Person's Table
ppspps openupper pivotlower pivot
EBAY $22.76 $23.25 aug26 $24.08 +5.8% $22.03 -3.2%

Reversal Levels
  • $23.61, +3.7% (swing high)
  • $23.12, +1.6% (200-day ma)
  • $22.76 <== You are here.
  • $22.37, -1.7% (today's low)
  • $22.13, -2.8% (20-day ma)
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.
  • 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.
  • sto zone: green for bull phase, red for bear phase.

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