<font color=green>Stelco STE.A on TSE
Daily
stockcharts.com[w,a]daclyimy[dc][pb10!b50!b200!h.02,.20][vc60][iUd20!Ub14!La12,26,9!Lp14,3,3!Lc20]
Weekly
stockcharts.com[w,a]waclyimy[de][pb10!b50!b200!h.02,.20][vc60][iUd20!Ub14!La12,26,9!Lp14,3,3!Lc20]
Well, here's yet another whole area I know nothing about
but I'll take a shot at interpreting the charts. <gg>
I do not have a position here, though I live pretty close.
On the six month daily,
the MACD histogram may be going positive as the momentum lines look like they've just crossed.
That would be a positive sign.
Stochastic is rising, supporting that MACD signal (if that is indeed a MACD signal).
Lots of room for Stochastic before it hits the overbought zone.
CMF is negative.
Look at the SAR.
Interesting to note, that on this daily chart,
the SAR has just reversed into what should be an uptrend.
On the weekly,
MACD momentum lines are indeed rising though the histogram while positive, seems stalled.
Stochastic not giving a very clear signal, IMO.
CMF is negative but with an improving pattern, IMO.
Note the SAR.
In this case, the SAR has just reversed, indicating the start of a downtrend.
What does all that mean?
I don't know.
I'll watch it though.
Cush |
