Close 24.07 Change -0.07 Volume(00) 289987
Open 24.17 High 24.20 Low 24.01
Opinion LONG Date Opinion Formed 10/22/13 Price Opinion Formed 24.14
Score 0 C-Rate 0.9 Power Rating 81
Stock is a Buy; Overbought; Wait for pullback to initiate new position.
Moving Average Convergence/Divergence (MACD) indicates a Bullish Trend.
Chart pattern indicates a Weak Upward Trend.
Relative Strength is Neutral.
Up/Down volume pattern indicates that the stock is under Accumulation.
The 50 day Moving Average is rising which is Bullish.
The 200 day Moving Average is rising which is Bullish.
Look for Support at 22.64
Price is above Resistance of 23.9 which is Bullish.
Stochastics indicate stock is Overbought.
Yr. High 25.98
Yr. Low 19.23
MO Chg.(%) 1.6
Trend Line Resistance 23.9
Trend Line Support 22.64
Resistance Range 24.08-24.2
Support Range 22.48-22.57
SELL STOP 21.98
MA Price % Slope
10 Day 23.55 102.0 UP
21 Day 23.27 103.0 UP
50 Day 22.94 105.0 UP
200 Day 22.76 106.0 UP
Ave Volume(00) 310197
MO Chg.(%) -5.9
U/D Ratio 1.1
U/D Slope UP
On Balance Volume BL
Positive OBV BL
Negative OBV BL
A lot of stocks seem to be extended IMO, and it is just a seat of the pants opinion.
I think the economy is going to come back pretty strong, but it will take years and we will see some good dips along the way.
The Apple event was telling because I don't see any new products for the industry to grow on. The smart phone area is looking like it is getting a bit saturated. I hope I am blindsided and something new to grow with pops up. Maybe phablets catch on. Improvements in connectivity is one area that needs improving.
There will always be something new in tech land. The Apple hysteria was very well produced. For years lines of idiots waiting over nite just to get theirs first! lol Someone will create another better pet rock surge, that's where the money is. BTW INTEL is creating little chips just to cover the markets with possibilities.
That depends if there is a market correction and how severe. If not I can see a 50 to 75 cent dip easily and short lived. That is just my thoughts. It is stochastically overbought and has been for several days.