BSPT has a great looking DNNS chart (Dave's Newest New System), which includes indicators such as StochRSI(14), StochRSI(8,5), InSync, Dahl, MACD(8,17,9)and DNS (Dave's New System).
However, Williams' Accumulation/Distribution has been negative for a while. The company has a negative one-year earnings growth of minus 1 percent and negative EPS. Money Flow has been strong, but going down recently. Momentum has declined, but it's starting to go back up. (So many indicators, so little time).
The BNS (Bill's New System) chart looks pretty good, except for Williams' A/D (Is there a Williams' B.C.? CCI(13) is turning up, along with just about everything else.
The charts make the stock look tempting, though there's little of fun, fund or amen in the fundamentals.
Also, what is that formation in the shorter-term chart -- a triple top or what? And who among you would be inclined to wait for this stock to break through 11 before they risked buying it? Not to be a party pooper, but......
(Still, I admit that the various StochRSI's look nice.)
Brooke |
