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Technology Stocks : LSI Corporation -- Ignore unavailable to you. Want to Upgrade?


To: dr_elis who wrote (19839)8/27/1999 10:58:00 AM
From: AI Master  Read Replies (1) | Respond to of 25814
 
Short Term Technicals this morning for LSI:

Analysis of the rate of change of the exponentially smoothed average price suggests that a cycle top is forming for this equity. The rate of change is now declining indicating distribution is taking place. This is a bearish reversal indication in this market.

The equity price has crossed and closed below the short term 18% exponentially smoothed average price. This indicates a continuation of the current price movement but it is subject to whipsaws. This is a weak bearish signal that could be followed by a downward movement in the equity price.

The 21 day stochastic has crossed the 80% line and is decreasing accompanied by decreasing volume accumulation. This is a strong bearish indication that a price reversal to the downside is now taking place. This type signal is often followed by further downward price movements.

The Price Phase Indicator is moving to the downside. This is a bearish continuation signal showing that a downtrend is in place and that prices are more likely to continue to the downside than they are to reverse and begin an upward movement.

Hope this helps!

Rocky



To: dr_elis who wrote (19839)8/27/1999 11:03:00 AM
From: All Mtn Ski  Respond to of 25814
 
I don't mind the weakness as I am looking at add to my position under 50.

Good Luck

Tom