Wed, Aug 27, 2014, 10:45 AM EDT - U.S. Markets close in 5 hrs 15 mins


% | $
Quotes you view appear here for quick access.

Nuance Communications (NUAN) Message Board

  • opalockamishabob opalockamishabob Dec 6, 2013 9:50 PM Flag

    A "new" NUAN in the week just passed...

    Up $.72 [5.33%] on 53.3 million shares...was as high as $14.55. As impressive as this looks and sounds, all good things eventually conclude...or in NUAN's case, a consolidation.

    The absence of more hard-charging volume [money flow] the last two days could signal profit-taking. A sell-off to $13.50 would not be at all a surprise---that's where support is. In fact, the MFI has dipped the last two days.

    More evidence will be found in the fact that NUAN closed at $14.24 BOTH yesterday and today...although volume [earlier in the day] was in the +50% range. This is called "churning"; little or no price appreciation on higher volume.

    For those technically inclined, the up vs down volume is still at a quite bearish "0.7". The accumulation/distribution rating is a modestly bullish "C+", still a good sign.

    It should go without saying that since NUAN has been news-driven since CI began to take an interest, if more "news" [of a-n-y type] from OR about CI, his involvement in NUAN, or even with AAPL's Cook come to the fore, all bets are off.

    We've witnessed what effect even a hint of a headline can do to NUAN...both good and not-so-good.

    Have a wonderful weekend!

    SortNewest  |  Oldest  |  Most Replied Expand all replies
16.96-0.21(-1.22%)10:45 AMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.