SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : BAY Ntwks (under House)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: chester lee who wrote (6118)5/29/1998 12:14:00 AM
From: Jurgen   of 6980
 
Chester, just my opinion-take it with a grain of salt :o)

Short term uptrend, last BUY signal 4/28/98 at 24. Volume picture is neutral, maybe a little money inflow since end of April. It has to get through 30 to break the intermediate downtrend. Otherwise we'll retest the low twenties. But rumours always mess up the charts. I hope the second quarter is strong - that would be a perfect remake of the ASND story (rumours, earnings, blankmind - does history repeat itself ? [hi blank, nice to have you here - still long ASND ?] )

BAY NETWORK closed up 2.500 at 28.375. Volume was 208% above average (trending) and Bollinger Bands were 8% narrower than normal.

Open High Low Close Volume___
25.875 28.688 25.125 28.375 134,750

Technical Outlook
Short Term: Neutral
Intermediate Term: Bullish
Long Term: Bearish

Moving Averages: 10-period 50-period 200-period
Close: 26.42 25.45 29.96
Volatility: 70 73 75
Volume: 52,487 49,488 36,316

Summary

BAY NETWORK is currently 5.3% below its 200-period moving average and is in an upward trend. Volatility is high as compared to the average volatility over the last 10 periods. Our volume indicators reflect volume flowing into and out of BAY at a relatively equal pace (neutral). Our trend forecasting oscillators are currently bullish on BAY and have had this outlook for the last 10 periods. The security price has set a new 14-period high while our momentum oscillator has not. This is a bearish divergence.

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext