I have a subscription to a highly respected professional technical analysis service, called "Second Opinion" by MarketEdge.
They now rate the stock as "AVOID" and state that is a short sell candidate, very rare for them.
Here is excerpts of their latest report:
Moving Average Convergence/Divergence (MACD) indicates a Bearish Trend.
Chart pattern indicates a Weak Downward Trend.
Relative Strength is Bearish.
Up/Down volume pattern indicates that the stock is under Distribution.
The 50 day Moving Average is falling which is Bearish.
The 200 day Moving Average is falling which is Bearish.Yr. High 13.38 Ave Daily Volume(00) 27,906
Yr. Low 9.63 MO Chg.(%) -0.3
MO Chg.(%) -4.4
Resistance 10.78 Up/Down Volume(U/D)
Support 9.93 U/D Ratio 0.9
BUY STOP 11.37 U/D Direction DOWN
Position 1 On Balance Volume BR
ADXR 21 Positive OBV BR
Negative OBV BR
MA Price % Slope
10 Day 10.32 96 DOWN Money Flow(MF) 40
21 Day 10.43 95 DOWN MF Direction DOWN
50 Day 10.43 95 DOWN
200 Day 11.01 90 DOWN
Alpha -0.08 50-Day R.S. 0.93 OBOS 2
Beta 0.57 STO(Slow %K) 10 B.BANDS 26
MACD ST BR STO(Fast %K) 2 RSV 10
MACD LT BR Wilder's RSI 4 POWER RATING -41