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Technology Stocks : Ultratech Stepper
UTEK 30.230.0%Jun 5 5:00 PM EST

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To: Investor2 who wrote (618)5/1/1997 9:18:00 PM
From: Greg Butcher   of 3696
 
For what its worth....Here are some Monentum Indicators as of 5/1
for those of you serious TA folks I apologize for my feeble attempt.
Here GO's..( 1 Period ='s 1 day)

The Stochastic Oscillator--The Oscillator is looking for overbought areas(above80) and over sold areas (below 20) The oscillator is at 52
the last signal was a (BUY) 1 period ago

RSI--The current value of the RSI is 35. (overbought above 70 and
oversold below 30) Last signal was a buy 7 periods ago.

CCI--Commodity Channel Index. The last signal was a buy 2 periods
ago. (I'll spare you the over bought & over sold #'s)

Bollinger Band--- Bands are 103.71% wider than normal. This means
the volatility as compared to UTEK"S normal range has increased for the near term. The bands have been in this wide range for 8 periods.
(The probability of prices consolidating into a less volatile trading rang increases the longer the bands stay in this wide range.

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