Will it continue on the Nasdaq tomorrow??
1/14
tscn.com
From "Dicpher":
<<<During the most recent session, CMIV opened at 3.687 with a daily high of 4.000 and a low of 3.687. The last trade for CMIV was at 3.937 with volume of 252,700 shares traded. 429% of the stock's thirty-day average volume has been traded in the most recent session. CMIV is exhibiting a strong positive divergence from its 200-day moving average line. Recent demand for the stock has pulled the share price of CMIV upward. Insofar as the moving average line describes the price trend of a stock over a specific period of time, a move this large away from the 200-day average indicates that CMIV may be overextended. Investors looking to invest in this stock for the long-term may consider waiting for a consolidation or pulling back before placing buy orders. With a significant positive divergence from the 50-day moving average line, CMIV is posting strong positive gains. The stock may consolidate briefly in the short-term before the next upleg in its current trend as some investors might consider it overbought at this time. The 50-day moving average line is a reliable intermediate-term indicator the greater the divergence from this line, the more profits there are to be had for short-term players. If the stock pulls back on decreasing volume and volatility in the near-term, this is a positive sign that CMIV will experience an uptrend. CMIV's figures currently rest substantially above its 10-day moving average line. A strong positive divergence from this point of reference indicates that the stock might be overbought in the short-term and that a consolidation or pullback may be in order. If the stock is below its 50 or 200-day moving average lines, but above the 10-day line, this is a sign of short-term strength and signals growing momentum. If this positive divergence occurs on heavy relative volume a trend reversal might be underway. If, however, CMIV is significantly above all three of these moving average lines, the stock may be destined for a strong uptrend. Market timing (in any scenario) requires a sophisticated understanding of a stock's relationship to moving average lines. Considering other technical indicators in conjunction with moving average lines is also useful. Measured by a combination of the MACD indicator, a strong one-week relative performance and moving average ratios, CMIV is exhibiting strong short-term momentum. In fact, CMIV posts recent gains with strong closing prices implying short-term strengths as indicated by this powerful combination of technical indicators. Momentum is building for the stock. Posting a notable gain in the most recent twenty-six and twelve week periods, CMIV scores in the top half of all stocks with respect to it's long-term technical ranking. The stock shows strong long-term growth potential in its current uptrend and exhibits a positive divergence from the 200 and 50 day moving average lines. CMIV is gaining significant long-term momentum. The above report is based on mathematical calculations and, as such, no investment decision should be based solely on its conclusions. Follow this link for the full disclaimer.>>>
As always... My best to all, T. |