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Nuance Communications (NUAN) Message Board

  • opalockamishabob opalockamishabob Oct 17, 2012 6:50 PM Flag

    Up vs Down Volume

    ...dropped below par today to the negative 0.9. This is a 50 day average, so NUAN may just be in for a bit of a "consolidation" soon...early next week, perhaps This is usually a very reliable indicator. The 13 week "acc/dist" indicator is the longer term indicator at "B-". Let's hope that the latter does NOT confirm the former this time next week!

    Relative Strength AND money flow dipped today; this confirms the up vs down volume...hence the "red flag" that NUAN may very well be heading lower.

    There is some support at $22; if it fails there...NUAN still has the $21 area.

    How the mighty have fallen... 8-{

    P.S. Pig, thanks for your ALWAYS informative and NEVER dull posts.

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