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Gold/Mining/Energy : Certicom Corporation (TSE:CIC, NASD:CERT) -- Ignore unavailable to you. Want to Upgrade?


To: caly who wrote (2551)12/21/1999 12:35:00 PM
From: j. angeles  Respond to of 4913
 
T/A from Wall Street City.

T.CIC was last traded at 58.200 on a volume of 30,300 shares traded. The stock opened for trading at 57.950 and has traded within a 0% range with a low of 57.950 and a high of 58.250. The stock has traded 19% of its thirty-day average volume.

Given its significant positive divergence from its 200-day moving average line, T.CIC is charting a strong uptrend. This may indicate that the stock is overbought in the short-term, but it is nevertheless testament to the current strength of T.CIC.

T.CIC is posting strong gains notably with its significant break above the 50-day moving average line. The stock has shown strong upward momentum that might soon be pulled down by profit taking. The stock might be considered overbought in the short-term, however, T.CIC is signaling a bullish uptrend for the intermediate-term. It is a good indicator of strength if the stock pulls back but holds firmly above the 50-day moving average line. Monitoring a stock's price with respect to the 50-day moving average line is an effective means to understanding the broader trend for the equity in question.

T.CIC is exhibiting good short-term momentum as indicated by its notable positive divergence from the 10-day moving average line. However, the stock might still be considered overbought and a pullback might be expected in the short-term. If, however, T.CIC is above its 50 or 200-day moving average lines it will be viewed as trending upward. Monitoring a stock's price in relation to its moving average lines is an effective means to understanding the dynamics of its price trend. When combined with other technical indicators, moving average lines offer powerful insight into a stock's price movement. If T.CIC is below its 50 or 200-day moving average lines, the stock has recently been in a downtrend. If, however, the stock has moved substantially above its 10-day moving average line on heavy relative volume, but remains below other long term moving average lines, a possible trend reversal could be in the making.

T.CIC is proving itself a stock currently in a strong uptrend raing as a strong performer with regard to it's long-term technical ranking. In fact, the stock scores a substantial positive divergence from the 200 and 50-day moving average lines and a strong twelve and twenty-six week relative performance figures. T.CIC has the broader markets in the last six months and shows long-term growth potential. T.CIC is gaining long-term momentum.

Measured by a combination of the MACD indicator, one-week relative performance and moving average ratios, T.CIC appears to be trending sideways. The stock has not posted any recent significant gains, and this powerful combination of technical indicators implies that T.CIC is consolidating for the short-term. Further investigation of the long-term technical ranking for the stock should reveal actual future prospects. The short-term technical ranking for T.CIC implies growing momentum.

The above report is based on mathematical calculations and, as such, no investment decision should be based solely on its conclusions. Follow this link for the full disclaimer.



To: caly who wrote (2551)12/21/1999 3:10:00 PM
From: Tom Drolet  Read Replies (1) | Respond to of 4913
 
calypso:

I am picking up today that more and more analysts are indicating very bullish 12 month new targets for CIC. As soon as I can verify I will post. Rondo noted the Ray Garcea (Analyst who knows his stuff on this) one this am of somewhere in $70's.

I hear that HSBC is talking one year $130 US!!!!

I'll try and confirm.

Would explain why the wee devil is up $5.40 Cdn now (that's 27 cents US) :o)

Regards Tom D.