Stoxline posted a SELL today, same as yesterday. Downward movement continues.
Six months: 3.21 One year: 3.90
Support1: 1.80 Support2: 1.50
Resistance1: 2.75 Resistance2: 3.34
MA(5): 2.27 MA(20): 2.52
MA(100): 6.32 MA(250):
MACD(12,26): -0.22 Signal(9): -0.20
%K(14,3): 2.60 %D(3): 8.17
High: 37.00 Low: 0.03 Change(%): 2471.4
3-Month: 15608 10-Days: 1913
Price, moving averages and Bollinger Bands
Price and moving averages has closed below its Short term moving average. Short term moving average is currently below mid-term; AND below long term moving averages. From the relationship between price and moving averages; we can see that: This stock is BEARISH in short-term; and BEARISH in mid-long term.MTC has closed below the lower band by 31.5%. If price is in a downtrend band; this downward trend in price might continue. However a short term pullback inside the band is likely. Bollinger Bands are 87.2% narrower than normal. The narrow width of the bands suggests low volatility as compared to MTC's normal range. The bands have been in this narrow range for 52 bars. This is a sign that the market may be about to initiate a new trend.
Data and information is provided for informational purposes only, and is not intended for trading purposes. Neither Stoxline.com nor its data provider shall be liable for any errors or delays in the content, or for any actions taken in reliance thereon. By accessing the Stoxline.com web site, a user agrees not to redistribute the information found therein.